[ad_1] (Reuters) – Royal Dutch Shell, which plans billions of dollars in spending on shale drilling projects, boosted output in the top U.S. shale field to 250,000 barrels per day in December, the company’s Permian
Wall Street rises for third session on private jobs data, virus treatment talks
[ad_1] (Reuters) – U.S. stocks surged for a third straight day on Wednesday and the Nasdaq hit a new record high, helped by strong monthly domestic private jobs data and reports of progress in developing
GM forecasts flat 2020 profit after a rough 2019; shares gain
[ad_1] DETROIT (Reuters) – General Motors Co on Wednesday forecast flat profits for 2020 and reported a better-than-expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares
Spotify promotions boost paid subscribers, dents revenue
[ad_1] (Reuters) – Spotify Technology SA on Wednesday forecast current quarter revenue largely below analyst estimates, as the streaming service spends more on promotions to keep and lure listeners in its battle against Apple Music
GM forecasts flat 2020 profit after a rough 2019
[ad_1] DETROIT (Reuters) – General Motors Co on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to win over investors stampeding
UK government hints BBC licence fee could be scrapped
[ad_1] LONDON (Reuters) – Culture minister Nicky Morgan hinted on Wednesday that the annual BBC licence fee on Britain’s television-watching households could be scrapped after the next review of its royal charter, as crunch funding
Malaysia’s AirAsia X forms committee to review Airbus bribery allegations
[ad_1] FILE PHOTO: AirAsia crew members pose for a photograph in front of an Airbus A320-200 plane at Kuala Lumpur International Airport in Sepang, Malaysia, July 22, 2019. REUTERS/Lim Huey Teng/File Photo KUALA LUMPUR (Reuters)
Chipotle’s earnings beat estimates on higher prices, digital boost
[ad_1] (This corrects the Feb 4th story’s third-to-last paragraph on to show quarterly revenue rose 17.6%, not 17.5%. The error also occurred in previous two versions of the story) FILE PHOTO: The logo of Chipotle
UK economy’s post-election rebound strengthens in January – PMI
[ad_1] LONDON (Reuters) – The British economy’s post-election bounce gained strength in January as services companies enjoyed the strongest influx of new orders since mid-2018, a closely watched survey showed on Wednesday. FILE PHOTO: People
Qatar Airways CEO says interested in increasing stake in LATAM to 20%
[ad_1] FILE PHOTO: Qatar Airways Chief Executive Officer Akbar Al Baker is seen during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, June 17, 2019. REUTERS/Pascal Rossignol DOHA (Reuters) –