Shell profit doubles to record as war drives up energy costs
Global energy giant Shell says annual profits doubled to a record high last year as oil and gas prices soared after Russia’s invasion of Ukraine.
Business
Turkey slams West for security warnings ‘harming’ tourism
Turkey has slammed a group of Western countries which temporarily closed down their consulates in Istanbul over security concerns.
High-level Kyiv visit aims to deepen EU-Ukraine ties
Senior members of the European Union’s executive branch are in Ukraine looking to boost relations with the war-torn country and pave the way for it to one day join the bloc.
Heathrow airport boss quits after turbulent year
CEO John Holland-Kaye to resign after nine years at helm amid public souring of ties with airlinesHeathrow’s chief executive has announced his resignation after a difficult year for Britain’s biggest airport. John Holland-Kaye will leave his £1.5m role…
Labour renews call for ‘proper’ windfall tax as Shell declares record £32.2bn profit – UK politics live
As it happened: Prime minister speaks in interview on TalkTV to mark his 100th day in officeOn the subject of Rishi Sunak reaching his 100th day in office, my colleague Jessica Elgot has a great assessment of how it’s going. Here is an extract.After Li…
European Central Bank set to outdo Fed with half-point hike
The European Central Bank is set to go big again, with another half-point interest rate increase.
Trump’s Scottish golf courses recorded more losses in 2021
The company said closure for part of the year due to the Coivd-19 pandemic contributed to pre-tax losses of £3.7 million
Britain has missed out on £400bn of growth since 2010, says TUC
Tories blamed for creating economic ‘doom loop’ that fails to recognise negative impact of spending cutsThe failure of successive Conservative governments to recognise the negative impact of public spending cuts on the wider economy has meant Britain m…
Austria expels 4 Russian diplomats based in Vienna
The Austrian government says it has ordered four diplomats based in Vienna, including two at Moscow’s mission to United Nations agencies in the city, to leave the country.
Sony chief financial officer to lead electronic giant as president
Sony is forecast to report a decline in earnings in its corporate results update later in the day