Nucleus hires from Shell with latest appointment
Platform builds out its tech team with newly-created position
Platform builds out its tech team with newly-created position
Climate change has landed oil majors offside with a number of investors representing $10.4trn worth of assets ahead of their annual general meetings (AGMs) over the next couple of weeks.
Markets were non-plussed by equity income favourites, Vodafone, Unilever and Royal Dutch Shell, on Thursday despite the latter two producing a decent set of final results.
BT’s bottom line continued to be impacted by rising pension costs during the first half of the year, as Shell’s figures were boosted by higher crude oil prices.
Last week’s oil price slump has analysts rattled, with experts questioning the recent gains in the commodity’s prices.
The FTSE 100 smashed the 7,270 mark on Thursday morning after Shell reported earnings growth and HSBC’s profits beat analyst expectations.
Predicting a backdrop of rising interest rates, inflation and bond yields, the managers of Liontrust Macro Equity Income are forgoing bond proxies and mega oil companies.
Courtiers has sold its holdings in two F&C ethical funds and an LGIM ethical trust over concerns about the strictness of their screening processes.
Shares in BP fell by 3.8% to 465.6p mid-morning on Tuesday, as shares in rival Royal Dutch Shell soared upward by 3.5% to 2188.1p.
The FTSE 100 slipped 1.2% this morning as a number of its companies including Royal Dutch Shell released their latest performance numbers.
Shares in Royal Dutch Shell climbed 6.4% on Thursday morning as the company revealed full year profits down 80% on the previous year to $3.8bn.
Royal Dutch Shell has issued a warning its fourth quarter profits could be only half what was booked in the same period a year ago as it struggles with the oil price slump.