Shell abandons climate target after $28bn profits
Energy giant Shell has dramatically scaled back its carbon reduction ambitions while reporting staggering $28bn profits, sparking outrage from climate campaigners.
Energy giant Shell has dramatically scaled back its carbon reduction ambitions while reporting staggering $28bn profits, sparking outrage from climate campaigners.
Shocking new report reveals nearly a third of UK farmers operated at break-even or loss in the past year, threatening the future of British agriculture and food security.
Pharmaceutical giants face mounting pressure to justify massive tax incentives amid concerns over NHS funding and pandemic-era profit surges. Westminster demands clarity on whether public investment delivers fair returns.
Budget airline Ryanair reports record profits amid industry-wide flight disruptions, with passengers facing higher fares due to ongoing air traffic control challenges across Europe.
Energy giant Shell reports third-quarter profits of $6.2 billion, defying expectations despite lower gas prices and refining margins. Discover how trading operations and LNG performance drove these impressive results.
Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.
Global markets surge as Trump and Xi announce landmark trade agreement, sending oil prices skyrocketing while Shell posts staggering £7.4 billion quarterly profit amid energy sector boom.
Microsoft's latest earnings reveal the costly impact of a major Azure cloud outage, while Xbox sales decline continues. Discover how the tech giant navigated these challenges in Q1 2025.
Meta faces investor rebellion as colossal AI investments trigger dramatic stock drop despite revenue growth. Discover why the tech giant's metaverse pivot is facing its toughest test yet.
Fashion giant Next posts better-than-expected profits and upgrades forecasts, while new data reveals thousands of UK businesses face critical financial distress.
British luxury carmaker Aston Martin Lagonda reports strong profit growth and sales surge, navigating challenging US tariffs while maintaining its premium positioning.
Energy regulator Ofgem is under fire to redirect £4 billion in network company profits back to consumers as bills remain stubbornly high despite falling wholesale prices.
Shocking revelations emerge as former Paddy Power chairman reveals how government officials allegedly exploited pandemic for financial gain while public faced lockdown restrictions.
Exclusive behind-the-scenes look at The Block's most dramatic auction yet, featuring staggering profits and emotional moments that left contestants reeling.
NatWest CEO Paul Thwaite urges UK government to resist increasing banking taxes despite reporting a 27% profit surge, warning it could harm competitiveness and economic growth.
Tesla reports dramatic 48% profit decline amid production delays and fierce Chinese competition. Discover how Elon Musk's EV empire is navigating its toughest quarter yet.
Orkney Islands Council announces groundbreaking plan to reinvest all profits from new wind farm directly into local services, creating a sustainable funding model for the community.
Donald Trump launches legal offensive against George Soros-backed non-profits, alleging political interference in US democratic processes ahead of elections.
The International Monetary Fund delivers a stark warning about Britain's overheating economy, where corporate profits soar while wages stagnate, creating dangerous economic imbalances.
Merlin Entertainments reports impressive profit surge driven by strong performance at Thorpe Park and Alton Towers, with visitor numbers exceeding expectations across their UK attractions.
Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.
Regulator Ofwat proposes cutting water company profits by £70 per household, targeting underperforming firms like Southern Water and Thames Water in major industry shake-up.
Popular UK homeware retailer BM launches major price reduction event, cutting costs on household essentials and furniture to drive sales and improve financial performance amid challenging market conditions.
A high-flying City trader is suing his former employers after they allegedly withheld a seven-figure bonus following his team's extraordinary £6 billion profit-making performance during market turbulence.
Britain's automotive crown jewels Aston Martin and Jaguar Land Rover deliver stunning financial turnarounds with surging sales and profits, signalling strong global demand for luxury vehicles.
British technology powerhouse Dyson reports impressive profit growth to £1.4 billion despite revenue decline, showcasing remarkable resilience in turbulent global markets.
Celebrity chef Jamie Oliver and his wife Jools paid themselves £2.5 million despite their restaurant group seeing pre-tax profits fall by 75%. The financial revelations come as the hospitality sector faces ongoing challenges.
Britain's largest supermarket chain reports staggering profits while shoppers face ongoing cost-of-living pressures, sparking political debate about corporate responsibility.
Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.
An investigation reveals how AI-generated research papers and soaring profit margins are pushing academic publishing toward breaking point, threatening scientific integrity worldwide.