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Shell to stop using declining oil and gas reserves by 2040

Shell's reserve dropped by 1.972bn barrels of oil equivalent Royal Dutch Shell (LON:RDSA) anticipates that it will have produced 75% of its current oil and...

Morgan Stanley profit far exceeds estimates

Morgan Stanley net revenue jumped 61% to $15.72bn Morgan Stanley (NYSE:MS) confirmed a 150% increase in its Q1 profit on Friday that blew past expectations....

Ocado invests in autonomous vehicle software company Oxbotica

Ocado news comes one day after rival buys stake in autonomous vehicle company Ocado (LON:OCDO), the British online supermarket, confirmed on Friday that it is...

Facebook now running entirely on renewable energy

Facebook will aim to reach net-zero emissions across its entire "value chain" by 2030 Facebook (NASDAQ:FB) said on Thursday that it has reached its target...

Deliveroo expecting slowdown in growth as restrictions ease

Deliveroo shares trading at 256.8p Deliveroo (LON:ROO) is expecting its current rate of growth to slowdown as the easing of lockdown restrictions comes into effect,...

THG posts sizeable loss but makes positive start to 2021

THG sales jumped by 41% thanks to beauty and nutrition businesses THG (LON:THG) (The Hut Group) posted a substantial loss for 2020 after baring the...

FTSE 100 returns to pre-pandemic levels

The UK markets opened strong on Thursday morning, though it was still a relatively quiet start to the session. Adding another 0.3%, the FTSE...

Lockdowns hold Entain back despite surge in online gambling

Betting shops reopened on Monday following prolonged closures Entain (LON:ENT), owner of Ladbrokes, has confirmed its revenue fell during Q1 as the closure of...

Coinbase makes New York debut in watershed moment for crypto

Coinbase trades 50% over its reference price Coinbase shares (NASDAQ:COIN) traded at $381 on its New York debut, over 50% above its $250 reference price,...