BEIJING (Reuters) – China opposes the use of a country’s domestic laws to control others, a foreign ministry spokeswoman said on Thursday, when asked if Chinese tech company Huawei had violated U.S. sanctions related to Iran.
BERLIN (Reuters) – Volkswagen on Thursday posted a surprise drop in first-quarter operating profit as accounting changes, currency headwinds and technology costs weighed on group results.
Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas prices.
FRANKFURT (Reuters) – Deutsche Bank announced cutbacks to its bond and equities trading on Thursday in a major overhaul of its troubled investment bank, after posting a 79 percent drop in net profit in the first quarter.
LONDON (Reuters) – Royal Dutch Shell on Thursday reported a 42 percent rise in profits in the first quarter of 2018, the highest in over three years, boosted by higher oil prices and beating analysts’ expectations.