Royal Dutch Shell's profit last year dropped to its lowest in at least two decades as the coronavirus pandemic hit energy demand worldwide though the company's retail network and trading business helped cushion the blow.
- Global shares closed in on their record peak on Friday, with Asian shares taking their lead from Wall Street, as progress in vaccine distribution prompted bets on further normalisation in the global economy and earnings recovery.
Nigeria plans to use unclaimed dividends held by companies and dormant bank accounts to finance its growing deficit and revive an economy hobbled by low oil prices, an official said.
Prime minister designate Mario Draghi is holding formal consultations with Italy's parties in an attempt to find enough backing in parliament to form a government.
Prodeco, a wholly-owned subsidiary of Glencore, will hand back its Colombian mining contracts after a review found restarting the unit's operations would not be economical, the London-listed miner said on Thursday.