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Shell, Exxon Mobil profits drop due to lower oil and prices

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia s invasion of Ukraine. ....

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Facebook turns 20: How the social media giant grew to 3 billion users

Still the world’s largest social media platform, Facebook celebrates its 20th birthday on February 4. ....

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Big Tech stocks drive Wall Street to another record high

Big Tech stocks, including Meta Platforms and Amazon, propelled Wall Street to achieve a new record high, despite concerns about a hot economy. The S&P 500 rose by 1.1% and the Nasdaq composite surged by 1.7%, driven by the momentum of these influential tech giants. However, the Dow Jones Industrial Average saw a more modest 0.3% increase, and smaller stocks, reflected by the Russell 2000 index, experienced a decline. Higher bond market yields due to better-than-expected job reports added pressure to the overall stock market trend, raising concerns about inflation and the Federal Reserve s future interest rate decisions. Stay updated with the market and consumer sentiment through our recommended tracking methods. ....

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Pakistan elections 2024: Which are the major political parties?

From the left to the right, mapping the major stakeholders in the general election on February 8. ....

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Shell, Exxon Mobil profits drop due to lower oil and prices

Oil giant Shell experienced a significant decline in profits in 2023, with post-tax earnings falling by 29% to $28.3 billion. This drop was primarily attributed to lower oil and natural gas prices, which had surged the previous year following Russia s invasion of Ukraine. ....

South Carolina , United States , Exxon Mobil , London Based Shell , Ee National ,