• Shell’s profit beats expectations at US$6.9 billion, cuts share buybacks

    Oil and gas output falls 4% compared with the previous quarter due to the Iran warPublished Thu, May 7, 2026 · 02:41 PM[LONDON] Shell’s first-quarter adjusted earnings, its definition of net profit, rose to US$6.92 billion, the company said on Thursday (May 7), beating an analyst consensus of US$6.36 billion in a company-provided poll and up from US$5.58 billion a year earlier.Shell also cut the pace of its quarterly share buyback programme to US$3 billion from US$3.5 billion.Shell’s oil and gas output fell 4 per cent compared with the previous quarter due to the US-Israeli war on Iran, including damage…

  • The Prediction Market That Doesn’t Take Your Money

    In January, Polymarket processed roughly four million euros in wagers on the Portuguese presidential election in the hours before results were announced. Within forty-eight hours, the country’s gambling regulator ordered…

Business

  • Nike Cuts Jobs Amid Sales Pressure

    Nike to cut about 1,400 jobs globally Layoffs target technology and operations roles across multiple regions Company faces slowing sales and rising competition from rival brands Restructuring aims to improve efficiency and support turnaround strategy Nike said it will cut around 1,400 jobs globally as part of a restructuring effort…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Gold Demand Drops Despite Festival

    India gold demand muted during Akshaya Tritiya amid record prices Jewellery buying declines while overall spending rises due to higher prices Consumers shift toward coins as investment demand increases India updates list of banks authorised to import gold and silver Gold demand during one of India’s key buying festivals stayed…

World

  • Scoot tops Cirium’s global airline emissions efficiency rankings for 2025

    High seat density of 242 seats per aircraft and longer average flight sectors of 2,157 km have driven its performance Published Wed, Apr 15, 2026 · 05:34 PM [HONG KONG] Scoot has been named the world’s most emissions-efficient airline, according to aviation analytics firm Cirium’s 2025 EmeraldSky annual review, becoming…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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