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BUSINESS

BUSINESS latest

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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Core EU inflation has not peaked yet – Lagarde
June 6th, 2023 - 01:13 GMT

Core EU inflation has not peaked yet – Lagarde

Inflation in Turkey fell below 40% in May
June 6th, 2023 - 12:42 GMT

Inflation in Turkey fell below 40% in May

Qatar targets Asia with looser gas contract terms
June 6th, 2023 - 12:13 GMT

Qatar targets Asia with looser gas contract terms

German factory orders fall as industry weakens
June 6th, 2023 - 11:56 GMT

German factory orders fall as industry weakens

US debt deal starts massive debt sale, may drain liquidity
June 6th, 2023 - 11:37 GMT

US debt deal starts massive debt sale, may drain liquidity

JAGGAER announces new Chief Executive Officer, Andy Hovancik
June 6th, 2023 - 10:50 GMT

JAGGAER announces new Chief Executive Officer, Andy Hovancik

China to regulate AI: Elon Musk
June 6th, 2023 - 10:47 GMT

China to regulate AI: Elon Musk

Argentinians Expected to Consume Largest Quantity of Beef in Five Years
June 6th, 2023 - 10:46 GMT

Argentinians expected to consume largest quantity of beef in 5 Years

Spotify to Lay off Nearly 200 Employees from Its Podcasting Unit
June 6th, 2023 - 10:33 GMT

Spotify to Lay off Nearly 200 Employees from Its Podcasting Unit

US bank stocks slip on debt insurance, liquidity concerns
June 6th, 2023 - 10:26 GMT

US bank stocks slip on debt insurance, liquidity concerns

DMCC appoints leading building operations management firm mace group as it gears up to launch uptown tower
June 6th, 2023 - 10:24 GMT

DMCC appoints leading building operations management firm mace group as it gears up to launch uptown tower

du pioneers the UAE’s first Arabic sustainability podcast featuring experts on sustainability challenges and practices
June 6th, 2023 - 10:16 GMT

du pioneers the UAE’s first Arabic sustainability podcast featuring experts on sustainability challenges and practices

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