Royal Dutch Shell PLC (RDS/A) on Thursday reported that its earnings fell 25% in the third quarter after Hurricane Ida hurt its operations in the Gulf of Mexico. The Anglo-Dutch oil-and-gas major said its adjusted earnings were $4.13 billion for the period, down from $5.53 billion in the second quarter and below market expectations of $5.31 billion, provided by Vara Research and averaged from 22 analysts' estimates. Shell said lower earnings reflected one-off tax impacts, lower...
Royal Dutch Shell PLC (RDS/A) on Thursday reported that its earnings fell 25% in the third quarter, as Hurricane Ida hurt its operations. The Anglo-Dutch oil-and-gas major said its adjusted earnings were $4.13 billion in the period, down from $5.53 billion in the second quarter and below market expectations of $5.31 billion, provided by Vara Research and averaged from 22 analysts' estimates. Shell said lower earnings reflected one-off tax impacts, lower production volumes partly due...
Capitalworks Emerging Markets Acquisition Corp: * CAPITALWORKS EMERGING MARKETS ACQUISITION CORP, A BLANK CHECK COMPANY, FILES FOR IPO. * CAPITALWORKS EMERGING MARKETS ACQUISITION CORP SAYS INTEND TO APPLY TO HAVE UNITS LISTED ON NASDAQ UNDER THE SYMBOL "CMCAU" * CAPITALWORKS EMERGING MARKETS ACQUISITION CORP SAYS BARCLAYS IS UNDERWRITER TO THE IPO.
GTreasury, a treasury and risk management platform provider, today announced that customer Asahi Beverages has been named a highly commended winner as the Best in Class Treasury Solution in ASEAN in the 2021 Adam Smith Awards - Asia.
Brazil Treasury officials Bruno Funchal and Jeferson Bittencourt have resigned on Thursday for personal reasons, the Economy Ministry said in a statement.
The U.S. secured overnight financing rate, the Libor replacement preferred by the Federal Reserve that measures the cost of overnight cash in the repurchase market, stayed at 0.03% for a second straight day after holding steady at 0.05% for the last four months.
Bank of England Governor Andrew Bailey sent a fresh signal on Sunday that the British central bank is gearing up to raise interest rates for the first time since the onset of the coronavirus crisis as inflation risks mount.
The Bank of England will no longer hold off-the-record briefings between policymakers and individual private sector firms, it told Reuters on Wednesday, as scrutiny over the links between central banks and finance grows.
Under pressure to act as inflation jumps towards double its 2% target, the Bank of England appears to be gearing up to be the first of the world's big central banks to raise interest rates since the coronavirus pandemic struck. Governor Andrew Bailey said in an interview published on Friday that inflation running above target must be managed to prevent it from becoming permanently embedded.
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