uk
Shell plc, the British multinational oil and gas company, just released its quarterly earnings today for the Q1 of FY24. The Q1 adjusted earnings were of $7.7 billion, reflecting a strong operational performance across the business. Shell announced the commencing a $3.5 billion share buyback programme, which is expected to be completed by the second quarter. The 2024 cash capex outlook of $22 – 25 billion remains unchanged. CFFO of $13.3 billion for this quarter includes a working capital outflow of $2.8 billion, given higher crude and oil products prices towards the end of Q1. CFFO reflects t...
Invezz
Aston Martin Lagonda’s (LON: AML) share price collapsed to a low of 128p on Wednesday, its lowest level since November 2022. The stock crashed by over 65% from its highest point in 2023. It has lagged behind other UK companies now that the FTSE 100 index has soared to a record high. Aston Martin’s woes are continuingAston Martin, the biggest luxury vehicle company in the UK, is facing substantial challenges and it is unclear whether it will survive. The company published an extremely weak financial statement. Its wholesale volumes dropped by 26% in the first quarter to 945. Unit sales dropped ...
Invezz
Energy ministers representing the Group of Seven (G7) major democracies are set to sign an agreement aimed at ending the use of coal in electricity production by 2023 and 2035. However, two diplomatic sources say Germany and Japan may be exempt from this agreement. Outlines of the agreementSources state that G7 nations promise to close their coal-fired plants by the early 2030s, however, these countries could also choose to have a deadline aligned with maintaining the global temperature increase below 1.5°C. This would give Berlin and Tokyo flexibility, given that their coal-fired plants gener...
Invezz
London (AFP) - The UK on Thursday joined the United States and Canada in announcing a fresh set of sanctions against Iran's drone and missile industries after its recent attack on Israel. Tehran launched its first direct military assault on Israeli territory nearly two weeks after an April 1 air strike -- widely blamed on Israel -- that killed seven members of the Islamic Revolutionary Guard Corps in Damascus. Iran's large-scale attack involved more than 300 drones and missiles, most of which were shot down by Israel and its allies including Washington and London, causing little damage. The U...
AFP
British Prime Minister Rishi Sunak will announce a 500-million-pound ($617 million) uplift in military support for Ukraine during his visit to Poland on April 23. The announcement will come with a warning that defeating Russia is imperative to halt any further advancement of its troops into Europe. Sunak's trip to Poland to meet Prime Minister Donald Tusk marks his first international visit in months. The purpose is to demonstrate to his restless party that he remains in control ahead of an upcoming election, which many anticipate he will not win. Sunak will then travel to Germany to meet Chan...
Kyiv Independent (CA)
British Prime Minister Rishi Sunak will announce a 500-million-pound ($617 million) uplift in military support for Ukraine during his visit to Poland on April 23. The announcement will come with a warning that defeating Russia is imperative to halt any further advancement of its troops into Europe. Sunak's trip to Poland to meet Prime Minister Donald Tusk marks his first international visit in months. The purpose is to demonstrate to his restless party that he remains in control ahead of an upcoming election, which many anticipate he will not win. Sunak will then travel to Germany to meet Chan...
Kyiv Independent (UK)
British Prime Minister Rishi Sunak will announce a 500-million-pound ($617 million) uplift in military support for Ukraine during his visit to Poland on April 23. The announcement will come with a warning that defeating Russia is imperative to halt any further advancement of its troops into Europe. Sunak's trip to Poland to meet Prime Minister Donald Tusk marks his first international visit in months. The purpose is to demonstrate to his restless party that he remains in control ahead of an upcoming election, which many anticipate he will not win. Sunak will then travel to Germany to meet Chan...
Kyiv Independent
Washington (AFP) - The United States and Britain announced widespread sanctions against Iran's military drone program on Thursday, in response to its weekend attack against Israel. "Today, we are holding Iran accountable -- imposing new sanctions and export controls," US President Joe Biden said in a statement. Tehran launched its first-ever direct military attack on Israel late Saturday in retaliation for an April 1 air strike on the Iranian consulate in Damascus -- widely blamed on Israel -- that killed seven members of the Islamic Revolutionary Guard Corps, including two generals. The la...
AFP
The first piloted flying taxi could take off in the UK in 2026. The Department for Transport has unveiled its Future of Flight Action Plan that predicts that by 2030 they will have taxis flying above the ground without pilots. It also anticipates that drone technology will boost the economy by a whopping £45 billion by 2030. Aviation and technology minister Anthony Browne said: "Cutting-edge battery technology will revolutionise transport as we know it - this plan will make sure we have the infrastructure and regulation in place to make it a reality. "From flying taxis to emergency service dro...
BANG Showbiz English
U.K. Foreign Secretary David Cameron opposed sending Western troops to Ukraine, including for training the Ukrainian military, in an interview with Süddeutsche Zeitung, published on March 9. The comments came after French President Emmanuel Macron recently said that Western military presence in Ukraine cannot be "ruled out" in the future. The U.S. and multiple European allies, as well as NATO Secretary-General Jens Stoltenberg, have distanced themselves from Macron’s statement. U.K. Prime Minister Rishi Sunak's spokesperson said that there was a "small number of (British) personnel" in Ukraine...
Kyiv Independent
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