stocks, news, data and earnings

stocks, news, data and earnings

City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London.  Mike Kemp | In Pictures | Getty Images LONDON — European stocks were higher Thursday morning, spurred on by overnight … Read more

SunPower files for bankruptcy, plans to sell assets — stock plummets

SunPower files for bankruptcy, plans to sell assets — stock plummets

Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023. David Paul Morris | Bloomberg | Getty Images The rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its reporting practices. SunPower … Read more

Oil giant posts stronger-than-expected profit

Oil giant posts stronger-than-expected profit

The Shell logo is displayed outside a petrol station in Radstock on February 17, 2024 in Somerset, England. Matt Cardy | Getty Images News | Getty Images British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe. Shell reported adjusted earnings of $7.7 billion for … Read more

Norway wants to store carbon under the North Sea

Norway wants to store carbon under the North Sea

The receiving dock at the Northern Lights carbon capture and storage project, controlled by Equinor ASA, Shell Plc and TotalEnergies SE, at Blomoyna, Norway, on Friday, Jan. 19, 2024. Bloomberg | Bloomberg | Getty Images Norway’s government wants to show the world it is possible to safely inject and store carbon waste under the seabed, … Read more

Shell beats expectations for full-year 2023 profit

Shell beats expectations for full-year 2023 profit

A Shell logo displayed on a sign at a gas station in Nakuru, Kenya. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday beat expectations for full-year profit, announcing a 4% increase to its dividend and a $3.5 billion share buyback program. Shell reported adjusted earnings of $28.25 billion for the full-year 2023, … Read more