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Shell shares up as it confirms 10,000 job cuts and falling profits

Royal Dutch Shell shares rose after it confirmed it would cut 10,000 jobs and a sharp fall in annual profits.

Shell rose 4% as it said it made $1.8bn (£1.23bn)for the fourth quarter of the year, compared with a $4.2bn profit for the same period the year before. 517 more words

Countries scaled to the size of their stock markets

This brilliant map shows countries scaled to the size of their stock markets. buff.ly/1Lnvlqf http://t.co/AyoV77nZWe
Ninja Economics (@NinjaEconomics) August 21, 2015

Financial Economics

Have central banks made the rich richer?

The question above has been posed this morning by Paul Marshall of Marshall Wace in the Financial Times. He quickly addresses one of the themes of this website. 1,472 more words

General Economics

Wall St. ends sharply down on global growth concerns

The S&P 500 closed at more than a five-month low and in negative territory for the year on Thursday on concerns a deceleration in the Chinese economy would translate into slower global growth. 28 more words

Finance

Two Years After Oil Train Disaster, Profound Scars Remain in Lac-Mégantic,Quebec

A week of direct actions across Canada and the U.S. to stop so-called “bomb trains” began on Monday, the two-year anniversary of the Lac-Mégantic rail disaster… 652 more words

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