A better-than-expected reading of Eurozone manufacturing data helped cement gains for equity markets on Friday morning, as investors await the all-important jobs data due out in the US this afternoon. [1 Feb '13]
Royal Dutch Shell's fourth-quarter results were a mixed bag. In the final quarter of last year, profits on a current cost of supply basis - which strip out the effect of movements in the oil price on inventories - rose 15 per cent to 5.58bn dollars (3.5bn pounds), lower than a consensus view of 6.2bn dollars. This was down to weaker US fuel prices and higher production costs. Europe's largest oil group also said it would spend more than expected in its capital investment prog [1 Feb '13]
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