The energy giant said the rapid prices helped him offset a $ 25.5 billion surcharge that arose after it left its stake in Russian producer Rosneft. The first quarter was $ 6.2 billion, the highest in a decade.
5 things to start your day with
- Brussels accuses Apple of violating competition over contactless payments The iPhone maker has been accused of violating competition law by restricting competitors’ ability to create contactless payment applications.
- Why Russian restaurants in London fear a backlash against Ukraine Food hotspots that once boasted of their ties to Putin now speak openly against the invasion.
- London is hit by the rise of work from home The capital lags behind other cities as commuters avoid the office.
- Britain turns to South Korea in fight to boost Kwasi Kwarteng nuclear power in talks on new generation of reactors as UK seeks stronger energy security
- Julian Jessop: Brexit is not to blame for the explosion of inflation and rising food prices Experts rely more on forecasts and models than on hard facts in the recent commentary on Britain.
What happened overnight
Asian stocks fell mainly on Tuesday as markets prepared for a sharp rise in US interest rates. Hong Kong returned from a long break at the weekend to lead the decline, losing more than 2% at one point. Sydney also fell in anticipation of an expected rate hike by the Reserve Bank of Australia later in the day, while Taipei and Wellington were also down. Seoul rose slightly, while Tokyo, Shanghai, Mumbai, Singapore and Jakarta were closed.
He is coming today
Full year results: Card factory Intermediates: BP Finance: Manufacturing PMI, BRC store price index (United Kingdom). Unemployment rate (EU); factory orders (US)
