London close: Stocks manage solid finish after US payrolls surge

6th Oct 2023 15:36

(Sharecast News) - London stocks managed an uplifting performance on Friday, buoyed by optimistic economic data from the United States and a wave of speculative trading focussed on Aviva.

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Shell expecting stable third quarter for marketing

6th Oct 2023 07:23

(Sharecast News) - Shell updated the market on its third-quarter outlook on Friday, anticipating a stable period for its marketing division, although it did forecast a corporate adjusted earnings loss.

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London close: Stocks fall on back of weak services data

5th Sep 2023 15:22

(Sharecast News) - London's stock markets ended the trading day in negative territory on Tuesday, pressured by a decline in sterling against the dollar on the back of disappointing services sector data.

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Shell sells home energy business in UK, Germany to Octopus Energy

1st Sep 2023 11:39

(Sharecast News) - Oil giant Shell said on Friday that it has agreed to sell its home energy business in the UK and Germany to Octopus Energy.

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London midday: China concerns dampen sentiment on quiet day

14th Aug 2023 10:23

(Sharecast News) - London stock markets were struggling for direction on Monday morning, as fresh concerns about China's economy and an absence of any new economic data or corporate earnings prompted investors to exercise some caution.

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FTSE 100 movers: Commodity stocks rise, Hiscox sinks

9th Aug 2023 16:16

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

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Shell profits fall as oil, gas prices decline

27th Jul 2023 07:20

(Sharecast News) - Shell on Thursday posted a sharp fall in second-quarter profits as oil and gas prices declined a year after Russia's unprovoked invasion of Ukraine sparked a surge in the cost of energy.

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Thursday preview: ECB, Shell in focus

26th Jul 2023 14:43

(Sharecast News) - Investors' attention on Thursday would be on the European Central Bank.

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Shell exploring stake sale in renewable power unit - report

13th Jul 2023 16:03

(Sharecast News) - Shell is reportedly exploring options for its global renewable power operations, including a potential stake sale to outside investors.

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Shell to up dividend as it commits to oil production

14th Jun 2023 10:25

(Sharecast News) - Shell is to increase dividend payouts, reduce spending and maintain oil production, the energy giant confirmed on Wednesday as it looks to bolster shareholder support.

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Shell puts retail energy arm up for sale

6th Jun 2023 13:18

(Sharecast News) - Shell on Tuesday put its household energy supply business up for sale after poor returns in the UK, Germany and Netherlands.

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Sector movers: Big Oil drops amid caution around US debt ceiling, soft Chinese data

30th May 2023 17:06

(Sharecast News) - Big Oil was the main drag on the FTSE 350 at the start of the week as investors showed caution ahead of a key vote scheduled for the next day in the US House of Representatives on raising the government's debt ceiling deal.

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Supreme Court rules in favour of Shell over Nigeria oil spill

10th May 2023 10:15

(Sharecast News) - The UK's highest court has ruled in favour of energy giant Shell in a dispute over a 2011 oil spill in Nigeria.

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Ithaca, Shell strike deal on Cambo stake sale

5th May 2023 07:04

(Sharecast News) - Ithaca Energy on Friday said it had struck a deal with Shell to market the latter's 30% stake in the giant Cambo North Sea oil and gas prospect.

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Shell Q1 $9.6bn profit beats expectation

4th May 2023 07:17

(Sharecast News) - Shell beat forecasts to post a first quarter net profit of $9.65bn (£7.6bn), boosted by strong returns from its trading division and higher liquefied natural gas, which offset lower oil and gas prices

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