The company confirmed it is cutting more than 10,000 positions – of which around 7,500 jobs have already gone and a further 2,800 will be lost as a result of the BG deal
Shell cuts 10% of its workforce after oil price hits profits; Cost of average London home rises to £500,000
Shell said it will push ahead with plans to acquire its smaller rival BG for $52 billion
The same year, the six companies in the top 10 of the London stock exchange made a combined global profit of 30bn.
Outlook: It strains credibility to see HSBC establishing its headquarters in New York, Toronto, or anywhere else on the North American continent
Collapse of oil price prompts Standard Life to question logic of £35bn takeover
Some analysts have questioned the wisdom of the deal as the oil price has continued to slide
Chief financial officer Simon Henry said the company would need to continue to cut costs
This millennium, Britain’s dragonfly contingent has been in the throes of revolution. Several sparkling species have crossed the sea to start colonising the UK. In this ambitious itinerary, you might see up to seven magnificent dragonflies unknown in Britain two decades previously.
Fourth quarter profits declined to $2.1 billion from $7.3 billion a year earlier
Egypt accounts for nearly a fifth of group's production
Spend most of the first day in Largo Bay, south-west of Kirkcaldy. There may be no finer location to watch the wintering seaduck for which Scotland is renowned. If the tide is high and the sun shining, start with the light behind you at the bay’s eastern edge, Ruddon’s Point. Look westwards for dense black rafts of scoters, mainly common scoter. A flash of white wings draws your attention to velvet scoters secreted among them. Check the flock carefully and you could even see surf scoter. There is no more regular British site for this North American visitor.
Shocking figures revealed as winter fuel costs are hiked by up to £120
From sleek smartphones to the latest tablets and next-generation gaming consoles, David Phelan picks his favourite devices
Brent crude fell as much as $3 a barrel to a four-week low of $108.50
Petrol stations, takeaways and newsagents across Northern England are stocking ‘legal highs’ like “peanuts in a pub”, as drug sales spread from ‘head shops’ to the high street, a report from a major drugs charity claims.