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Oil-and-gas producer Coterra Energy (CTRA) on Thursday delivered a top-and -bottom-line beat for the first quarter, while reiterating its commitment to return at least half of its free cash flow to shareholders like us. Revenue for the three months ended March 31 increased 6% year-over-year, to $1.78 billion, beating analysts’ forecasts of $1.61 billion, according
The Conservatives have lost control of three councils, while Labour gained two in early local election results. Labour candidate Chris Cooke also won the race to become mayor of Middlesbrough – taking the role from an independent incumbent. Sir Keir Starmer’s party has taken Plymouth and Stoke-on-Trent from no overall control, and the Tories have
May 4, 2023, 04:37 PM ET Napoli have won their first Italian Serie A title in 33 years, clinching the Scudetto on Thursday with a 1-1 draw at Udinese. Needing only a draw to take an unassailable 16-point lead with five games still remaining, Serie A’s top scorer Victor Osimhen equalised for Napoli in the
Apple has beat Wall Street expectations and market trends in reporting increased iPhone sales in its second quarter results. Both revenues and profits were above investor predictions as a record number of iPhones were sold for the second three month period in its financial year. Sales for the year ending 1 April dropped overall –
Members of the biggest rail workers union have voted to renew their mandate to strike during the next six months in the long-running dispute over pay and conditions. The Rail, Maritime and Transport union (RMT) said staff across 14 train companies overwhelming backed taking more industrial action. RMT general secretary Mick Lynch said the result
Russia’s “early” spring offensive designed to pre-empt Ukraine’s own Western-supported offensive has rapidly run out of steam, and by any military metric has been an abject failure. Putin judged that by throwing overwhelming force at the battle-weary Ukrainian defences instead, has taken huge casualties and left his deployed military forces vulnerable. Now is the time
Shell reported adjusted earnings of $39.9 billion for the full-year 2022. Sopa Images | Lightrocket | Getty Images British oil giant Shell on Thursday posted stronger-than-anticipated first-quarter profit, extending a record run of bumper results after commodity prices surged in 2022 following Russia’s full-scale invasion of Ukraine. Shell reported adjusted earnings of $9.6 billion for