Energy giant Shell has posted massive profits of $11.5bn for the second quarter, smashing its previous record three months of trading earlier this year when it reported $9.2bn earnings. The company’s performance has been driven by soaring commodity prices in an increasingly turbulent economic environment. The London-listed company has now announced a share buyback programme […]
Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses the Fed raising its benchmark interest rate by 75-basis points, what the hike means for markets and the economy. He speaks on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with […]
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
Car manufacturing in the UK rose by 5.6 per cent in its best June since the pandemic as the shortage of semiconductors and supply chain issues began to ease, figures show. The second consecutive month of growth is a cause for optimism, the Society of Motor Manufacturers and Traders said, after supply problems slowed production […]
Forterro, a European provider of software solutions to more than 10,000 small and midsized industrial companies, has announced its acquisition of Wise Software, a provider of ERP software solutions for industrial companies with retail, wholesale, ecommerce, and distribution requirements. OrderWise’s specialised, highly-integrated financials, order management, Point of Sale (POS), warehouse management (WMS), transportation management (TMS) […]
Allbirds won fans around the world with their reinvention of footwear to fit in with a more sustainable ethos, growing from just an idea to a public company worth more than half a billion dollars in just 6 years. Joey Zwillinger, Cofounder and CEO of Allbirds joins Bloomberg’s Francine Lacqua for a wide-ranging conversation around […]
Samsung Electronics Co.’s second quarter profit missed analyst estimates on cooling demand for consumer gadgets, along with the chips and displays they use. Youkyung Lee reports on Bloomberg Television. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: https://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/