Shell LNG trading provides quarterly boost despite output drop
Earnings from Shell’s liquefied natural gas (LNG) trading operations are likely to have been significantly higher in the fourth quarter of last year despite a sharp output drop owing to plant outages, it said on Friday.
Analysis: The hardest part is yet to come for gas-hoarding Europe
Europe faces a much tougher task to rebuild gas stocks next year compared with this winter, meaning energy bills are likely to stay high and governments could have to implement painful rationing measures they have so far avoided.
EXCLUSIVE McDonald’s faces Italian antitrust probe into franchise terms – document
Italy’s antitrust authority AGCM will investigate McDonald’s (MCD.N) terms and conditions in its agreements with franchise operators following several complaints, according to an AGCM document seen by Reuters.
AstraZeneca’s Soriot: we didn’t overpromise on COVID-19 vaccine supplies
AstraZeneca (AZN.L) Chief Executive Pascal Soriot said on Friday the drugmaker had not overpromised on the supply of COVID-19 vaccines around the world, as he defended big cuts in deliveries that prompted a lawsuit by the European Union. The European Commission has launched legal proceedings against the Anglo-Swedish drugmaker for not respecting its contract for the supply […]
