US-China trade war Tag

BP’s profits in the third quarter took a significant hit after taking a one-off US$2.6 billion charge linked to asset sales, however outgoing chief executive Bob Dudley said underlying cash flow and earnings remained strong in the period. The $2.6 billion charge resulted in a $700...

Royal Dutch Shell’s profits fell to their lowest since 2016 in the second quarter of the year, with the oil major referencing ‘challenging macroeconomic conditions’ and lower oil and gas prices. The Anglo-Dutch firm profits dropped by 25% to US$3.5 billion in the three months to...