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Shell logs 'strong' quarter as earnings fall but top expectations
Shell logs 'strong' quarter as earnings fall but top expectations
by  AFP

British oil and gas giant Shell announced Thursday that first-quarter earnings fell but beat expectations in a "strong" performance, and unveiled another bumper stock buyback. Shell had already warned last month that it expected lower natural gas sales in the first quarter after a particularly strong performance in the final three months of 2023.

OECD lifts 2024 growth forecasts, driven by US
OECD lifts 2024 growth forecasts, driven by US
by  AFP

The OECD raised its global economic growth forecast for 2024 on Thursday, driven by strong performances in the United States and emerging countries while Europe lags behind. Central banks worldwide raised interest rates in efforts to combat inflation, which rose after countries emerged from Covid lockdowns and soared further following Russia's assault on Ukraine in 2022.

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