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Shell unveils new $3.5bn share buy-back after higher profits than expected
Despite payouts the oil and gas giant faces growing investor pressure to address its carbon emissions
Shell will shower its shareholders with another $3.5bn (£2.8bn) in share buy-backs over the next quarter after reporting better than expected profits of almost $8bn for the first three months of the year.
The company reported adjusted earnings of $7.7bn for the first quarter, below the $9.6bn earned in the same quarter last year but well above analyst predictions of $6.5bn.
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Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
‘More than capable’: Taylor backs City’s scoring ability for WSL decider
‘They can score three or four in five or six minutes’Manchester City manager upbeat before Villa showdownGareth Taylor has backed his side to score enough goals to overhaul Chelsea on the final day of the Women’s Super League season. Manchester ...The Guardian - World -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
Sea otters use tools to open hard-shelled prey, saving their teeth, research reveals
The behavior, documented in footage from researcher Chris Law, is most seen in females and sheds light on the threatened species. Floating on its back in the waters of California’s Monterey Bay, a sea otter takes a shelled animal and strikes it ...The Guardian - World -
A year after its Tony boost, Pasadena Playhouse unveils 2024-25 season
A year after winning the Regional Theatre Tony Award, Pasadena Playhouse unveils its 2024-25 season and readies to celebrate the 100th anniversary of its historic building.Los Angeles Times - Entertainment -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve
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South Africa calls on ICJ to order Israel to end Rafah offensive
Lawyers urge international court of justice to issue urgent measures over assault on Gaza’s southernmost city. South Africa has asked the international court of justice (ICJ) to urgently order Israel to end its assault on Rafah, halt its military ...The Guardian - World - Israel -
Former teen models accuse magician David Copperfield of misconduct
Some allege harassment, one claims she was sexually assaulted. His lawyers deny the allegations. Revealed: Magician David Copperfield accused of sexual misconduct by multiple women‘I honest to God believe I was drugged’: magician David ...The Guardian - World -
Michael Cohen accused of lying over phone call at Trump hush-money trial
Former lawyer and fixer for Donald Trump is under fierce attacks on his credibility by the ex-president’s legal team. Sign up to our free Trump on Trial newsletterDonald Trump’s lawyer on Thursday attacked the core charge against the former ...The Guardian - World - Donald Trump -
Nigerian activists condemn mass ‘forced marriages’ of 100 girls and young women
Petition launched to halt mass ceremony that organisers say is for 100 orphans whose parents were killed by gangs. Human rights activists in Nigeria have launched a petition to stop a plan to push 100 girls and young women into marriage in a mass ...The Guardian - World -
Texas governor pardons man who killed Black Lives Matter protester in 2020
Greg Abbott on Thursday pardoned Daniel Perry, who has been serving a 25-year sentence since 2023 murder conviction. Governor Greg Abbott of Texas issued a full pardon on Thursday to a former US army sergeant convicted of murder for fatally ...The Guardian - World