Business · 1 hour ago
London's top stock index rises after Shell reports its highest profits since 2022
Nopple via Wikimedia Commons (Creative Commons CC0 License)
The oil giant saw its shares jump 3.2% on Thursday after it announced a larger stock buyback programme. That strong performance lifted the broader market, offsetting a 15.6% slide for the consumer health firm Haleon after it lowered its sales forecast. Defence contractors BAE Systems and Rolls-Royce also saw their shares increase following a £4.7 billion government funding promise.
Reported by Reuters · How we write briefs