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Shell company building
July 30th, 2026 - 09:20 GMT
P. Choiaqo

P. Choiaqo

Shell records more than double profits as war rages in the Middle East

ALBAWABA - British oil and gas company Shell has seen its profits more than double compared to the same period last year as oil prices surge amid Strait of Hormuz conflict between the U.S. and Iran. The company’s net profit hit $9.84 billion dollars in the second quarter of the year after Brent oil prices jumped from $60 a barrel in January to $114 in early May at the peak ...
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 Amazon CEO Jeff Bezos and wife MacKenzie Bezos at Vanity Fair Oscar Party in Beverly Hills, California, US on March, 4, 2018.
July 7th, 2019 - 06:11 GMT

Bezos Finalises Divorce, MacKenzie Gets $38 Billion

Local and international expertise will be used to execute the project as well as benefit from the experience of Unido in this field
July 6th, 2019 - 03:00 GMT

Kuwait to Build First Industrial Techno-Complex

Despite lower supplies, crude oil has fallen from a six-month high above $75 a barrel in April
July 6th, 2019 - 12:00 GMT

OPEC Output Sinks to New Five-Year Low

Differences between the government and the governor over the conduct of monetary policy have deepened in the past few months
July 6th, 2019 - 10:00 GMT

Turkey Fires Central Bank Governor Amid Disagreements With the Government

To be fair, the Indian budget has traditionally ignored the NRIs, and in that, this budget follows the tradition.
July 6th, 2019 - 08:00 GMT

India's 2019 Budget to Serve the Less Privileged on the Expense of the NRIs

Iran can provide "affordability, accessibility and security" in the energy sector to India.
July 4th, 2019 - 02:00 GMT

India to Continue Trade With Iran Despite US Threats

The TankerTrackers monitoring group estimated the vessel was carrying up to 1.22 million barrels of crude oil.
July 4th, 2019 - 01:30 GMT

Saudi Arabia Holds Iranian 'Happiness' Hostage?

Food and Agriculture Organization (FAO) food price index averaged at 173 in June, slightly down from 173.5 in May
July 4th, 2019 - 01:00 GMT

Global Food Prices Slip in June

The impact of heat stress on labor productivity is a serious consequence of climate change.
July 4th, 2019 - 12:30 GMT

UN: Climate Change to Affect 80 Million Jobs by 2030

Total production rose 13% to 87,048 vehicles compared with the first quarter.
July 4th, 2019 - 11:00 GMT

Tesla Sets New Record for Quarterly Vehicle Deliveries, Shares Soar 7 Percent

Boeing will release additional information in the near future.
July 4th, 2019 - 10:30 GMT

Boeing Dedicates $100 Million Compensation Fund for Families of Planes Crash Victims

US still has tariffs of 25% on $250 billion of Chinese goods.
July 4th, 2019 - 10:09 GMT

China: For a Trade Deal to Happen, Existing US Tariffs Must Be Removed

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