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Thursday, 23 June 2016
Shell Planning To Topple Exxon
Shell Rig Ben Van Beurden, Chief Executive Officer of Royal Dutch Shell has laid out an ambitious plan to overtake ExxonMobil as the number one oil company in the world. Prior to the 1990s, Shell was the leader in total shareholder returns, however, its rivals went on a deal-making spree to gain the lead, while Shell shied away from making any acquisitions. Now, Mr. Beurden believes that Shell will be able to regain its lost glory post the acquisition of the BG group. “I am determined to get us to that number one place,” Mr. Beurden said after outlining the company’s long-term strategy in London. “I want to create a world class investment case for Shell and our shareholders,” reports Bloomberg . Shell, with a market capitalization of $216.6 billion , has a lot of catching up to do if it wants to surpass Exxon’s market capitalization of $379.5 […]
The mood was echoed on stock markets, where the FTSE 100 index hit a two-month high. The index of leading shares was up 1.5% at 6357 in mid-morning trading, buoyed by mining shares as copper prices rose. There were also gains for other bourses around Europe with Germany and France’s main share indices up almost 2%.
"I Don't Need A War In The Black Sea" - Another NATO Member Folds As Bulgaria Refuses To Join Naval Task Force
"We're going to be there," Mabus said of the Black Sea. "We're going to deter. That's the main reason we're there -- to deter potential aggression." Mabus spoke days after Russia criticized NATO discussions about a creating a permanent force in the Black Sea. The NATO summit is set to tale place as relations between Russia and the alliance are severely strained over Moscow's role in the Ukraine crisis and in Syria. While Russia says it poses no threat to alliance, NATO is considering what to do to counter what it sees as growing Russian aggression.
With 5 percent of the world’s population and 25 percent of the world’s prison population, the United States has the largest incarcerated population in the world. No other society in history has imprisoned more of its own citizens. There are half a million more prisoners in the U.S. than in China, which has five times our population. Approximately 1 in 100 adults in America were incarcerated in 2014. Out of an adult population of 245 million that year, there were 2.4 million people in prison, jail or some form of detention center.
Posted by Unknown at 16:31
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