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LONDON BRIEFING: Lloyds Banking to Embark on wealth management drive

LONDON BRIEFING: Lloyds Banking to Embark on wealth management drive Thu, 29th Jul 2021 08:23 (Alliance News) - Lloyds Bankings on Thursday followed peer Barclays in announcing a big improvement to second-quarter results, while also restoring its payout and announcing an acquisition to accelerate its push into wealth management. Lloyds said it swung to a GBP3.91 billion pretax profit in the first half of 2021, from a GBP602 million loss a year earlier. The lenders net income rose 2.0% to GBP7.5...
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Source: lse.co.uk

Shell Shareholders Back Energy Transition Strategy at AGM

By Jaime Llinares Taboada Royal Dutch Shell PLC shareholders on Tuesday backed the companys energy transition strategy at the annual general meeting. An advisory vote on Shells energy transition strategy received 88.74% of support at the meeting, the Anglo-Dutch energy major said. Meanwhile, a shareholder proposal urging Shell to set and publish targets consistent with the goals of the Paris Climate Agreement, and to report on the strategy, policies and progress made at least on an a...
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Shell plays down risk of stranded oil and gas reserves

3 Min Read LONDON (Reuters) -Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to reduce its greenhouse gas emissions in the coming decades. Slideshow ( 2 images ) The disclosure is a rare admission by a major oil and gas company that some of its reserves may be worthless in a world shifting to renewable energy from fossil fuels in an effort to stem global warming. The Anglo-Dutch company...
France General City Of United Kingdom Ben Van Beurden Adam Matthews Barbara Lewis

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Shell plans to boost nature-based offsets and carbon-capture technology to mitigate emissions

Shell plans to boost nature-based offsets and carbon-capture technology to mitigate emissions Ron Bousso and Shadia Nasralla LONDON Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Benoit Tessier/Reuters Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition fro...
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