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Shell beats second-quarter profit expectations, launches $3.5 billion share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News |...

Hermès heir’s $13B fortune has seemingly vanished after vowing to award huge chunk to his gardener

The multi-billion dollar fortune belonging to the reclusive Hermès heir has seemingly vanished months after he promised to donate a large chunk of his colossal inheritance...

US September Rate Cut Looks More Likely Than Ever

Dear Evening Briefing readers: Our email domain is changing, which means the briefing will arrive in your mailbox from a different address,...

Boeing reports wider-than-expected loss, weaker revenue

Boeing on Wednesday reported a bigger quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to...

Wine mogul told to pay millions of pounds for misleading investors

Wine tycoon Richard Balfour-Lynn has been ordered to pay millions of pounds...

Schroders, Phoenix Plan Private-Market Firm for UK Pensioners

Schroders Plc and Phoenix Group Holdings Plc have agreed to establish a new investment management firm that will deploy billions of pounds in private...

Miliband to add £1.5bn to energy bills in record offshore wind investment

The funding boost comes after Labour ministers also announced sweeping changes to...

Microsoft shares drop as cloud miss overshadows better-than-expected revenue and earnings

Microsoft CEO Satya Nadella speaks during the Microsoft Build conference at Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024. Jason Redmond...

St James’s Place shares soar after unveiling £500m of cost cuts

Concern among investors peaked in March when the group was forced to book...

Air New Zealand becomes first major airline to scrap its 2030 climate goal

An Air New Zealand plane is seen during game two of the Women's ODI series between New Zealand and Pakistan at Hagley Oval on...

Europe’s growth lags U.S. as Germany remains the eurozone’s economic problem child

FRANKFURT, Germany -- Europe’s economy saw modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap....

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