CNN's ChristineRomans has today's top business headlines before the opening bell on Wall Street
London 1. Shell earnings: Shares in Royal Dutch Shell moved higher in London after the company's first quarter profit topped analyst expectations.
While net income declined slightly from the previous year to $5.4 billion, the energy giant reported strong growth in its trading and natural gas businesses. Crude oil prices zoomed higher in the first three months of 2019, but they were still much lower on average than the same period a year ago. That has weighed on results from rival producers including Exxon Mobil and BP , both of which reported steep profit declines for the first quarter.2.
Thursday — Bank of England policy update; Under Armour and Dunkin' earnings; weekly jobless claims; Caixin China manufacturing PMI
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Shell has cover to take the high ground in BruneiA shareholder group wants the $260 bln energy giant to use its clout in the tiny Asian state to press for gay rights. Shell will be cautious of fallout elsewhere, but talks are possible. It has the leverage to open meaningful dialogue too. A fix, though, won’t be quick.
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Dutch court to hear case vs. Shell brought by widows of hanged Nigeria activistsA Dutch court said on Wednesday it has jurisdiction to hear a damages suit broug...
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In a trade deal with China, the US may get an empty shellChina will not submit to an intrusive American trade enforcement procedure with triggers of discretionary and unilateral sanctions, writes Michael Ivanovitch.
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Strong trading, LNG sales underpin Shell's first-quarter profitRoyal Dutch Shell reported on Thursday a small drop in quarterly profits which s...
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Shell first-quarter profit slips but easily beats forecastsRoyal Dutch Shell on Thursday reported a 2 percent fall in first quarter profits...
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Shell outperforms rivals in first quarter on strong trading, LNGRoyal Dutch Shell reported on Thursday a small drop in first quarter profit to $...
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Behold the ‘beautiful nightmare’ crab that had wrench-like claws and enormous, cartoonish eyesMeet Callichimaera perplexa, an ancient, quarter-sized crab that sported a lobster-like shell, legs like oars and huge peepers protruding from its head.
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Newly discovered ‘beautiful nightmare’ crab had wrench-like claws and enormous, cartoonish eyesMeet Callichimaera perplexa, an ancient, quarter-size crab with a lobster-like shell, legs like oars and huge peepers protruding from its head.
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Finance’s green activists see path to climate hopeAn annual Wall Street-heavy confab on environmental risks is offering plenty to worry about. But a group of 340 investors like CalPERS and AXA is notching up wins, including against Equinor, Shell and other polluters. More concerted pressure can help slow global warming.
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Russian central bank holds key rate, signals future cutsRussia's central bank held its key interest rate at 7.75 percent on Friday in line with market expectations, but said it could consider cutting rates as early as June.
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