Shell considers increase output on the higher profits

Source: BBC
Royal Dutch Shell announced it plans to invest more to boost production. The company reported it would invest 30 billion US Dollars into the new gas and oil projects in 2012 as compared to 24 billion US Dollars invested in 2011. The move came after the company announced the annual rise in net income by 50% to 28 billion US Dollars in 2011.


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Fri, 03 Feb 2012 08:53:13 GMT

Australian servicer sector jumped in January

The services activities soared in January after three month fall, reported the Australian Industry Group. Australian PSI advanced by 0.29 points to 51.6 in January on a seasonally adjusted basis. The strongest growth was registered in cafes and restaurants, finance and insurance, accommodation and recreational services.

Fri, 03 Feb 2012 10:10:25 GMT

European stocks ended higher on Thursday

European shares surged on Thursday, supported by US macroeconomic statistics and merger talks between Glencore International and Xstrata Plc. Stoxx 600 index finished 0.2% higher, FTSE 100 climbed 0.1% and French CAC 40 index gained 0.3%. German DAX jumped 0.6% but Greek Athens general index fell 0.5% to 792.44. 

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