Russia's President Vladimir Putin gestures as he delivers a speech during the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 7, 2024.Anton Vaganov | Afp | Getty ImagesRussian President Vladimir Putin said on Friday that nearly 40% of the country's trade turnover is now in rubles...
The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England.Matt Cardy | Getty Images News | Getty ImagesBritish oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.Shell reported adjusted earnings of $7.7...
The facade of Norway's central bank, also known as Norges Bank, in Oslo, Norway.Bloomberg | Bloomberg | Getty ImagesNorway's giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks."Our equity investments had a very...
Construction workers are seen at a new condominium building project in Huerth, western Germany, on April 5, 2023.Ina Fassbender | Afp | Getty ImagesShares of German property giant Vonovia fell as much as 7% on Friday, shining a light on a deepening real estate crisis in Europe's largest economy.The...
Swiss Re CEO Christian Mumenthaler gestures during a session of the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024.Fabrice Coffrini | Afp | Getty ImagesInsurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive...
BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner."Matt Cardy | Getty Images News | Getty ImagesShares of BP rose 5% on Tuesday after the oil giant accelerated the pace of its buybacks and increased its dividend, despite a drop in annual profit.The...
A Shell logo displayed on a sign at a gas station in Nakuru, Kenya.Sopa Images | Lightrocket | Getty ImagesBritish oil giant Shell on Thursday beat expectations for full-year profit, announcing a 4% increase to its dividend and a $3.5 billion share buyback program.Shell reported adjusted earnings of $28.25 billion for...
The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's giant sovereign wealth fund on Tuesday reported record profit of 2.22 trillion kroner ($213 billion) in 2023, supported by robust returns on its investments in technology stocks.The so-called Government Pension...
Chinese President Xi Jinping chairs a symposium on advancing the integrated development of the Yangtze River Delta and delivers an important speech in east China's Shanghai, Nov. 30, 2023.Xinhua News Agency | Xinhua News Agency | Getty ImagesChina's top decision-making body of the ruling Communist Party on Friday said...
The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's $1.4 trillion sovereign wealth fund, the world's largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value.The so-called Government Pension Fund Global...