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Shell names former BHP boss Mackenzie as chairman

Royal Dutch Shell on Thursday announced Andrew Mackenzie, a former BHP CEO and BP veteran, as its next chairman who will help lead the energy company through a major shift away from oil and gas to low-carbon energy.

Markets

Shell’s 2020 carbon emissions fall on the back of fuel sales drop

Royal Dutch Shell, owner of the world's largest fuel retail network, said on Thursday its total greenhouse gas emissions dropped 16per cent in 2020 as oil and gas sales fell sharply due to the coronavirus pandemic.

Markets

China’s JD.com quarterly revenue rises 31per cent on e-retail strength

Chinese e-commerce company JD.com Inc reported a 31per cent jump in fourth-quarter revenue on Thursday as more shoppers flocked to its website on the back of a broader shift to online shopping triggered by the COVID-19 pandemic.

Markets

Apple starts iPhone 12 assembly in India

Apple Inc has started the assembly of iPhone 12 in India, the U.S. tech giant said, as the company ramps up manufacturing operations in the world's second-biggest smartphone market.

Markets

Pakistani court orders government to ban social media app TikTok – lawyer

A Pakistan high court on Thursday said it would order the government to ban social media app TikTok in the country, a lawyer representing Pakistan's telecommunications regulator said.

Markets

Norwegian Air makes final restructuring offer to creditors

Norwegian Air submitted its final restructuring offer to creditors on Thursday in what the budget airline said was a major step in its plan to slash debt and reduce its fleet to survive the coronavirus pandemic.

Markets

With eye on China, ‘Quad’ nations to tie up in rare earths – Nikkei

TOKYO: The United States, Japan, India and Australia will work together to secure rare earth metals that are essential to the production of electric car motors and other products, the Nikkei newspaper reported on Thursday. The four-nation group, referred to as the "Quad" countries, are on ...

Markets

Israel Aerospace, UAE weapons maker team up on anti-drone tech

JERUSALEM: Israel Aerospace Industries (IAI) said on Thursday it will jointly develop an advanced drone defence system with United Arab Emirates' state-owned weapons maker EDGE. Israel and the UAE formalised relations last year, brought closer by commercial interests and concern over Iran ...

Markets

Russia says it offered Twitter talks after slowdown, but firm not responding – Interfax

Russia's state communications watchdog said on Thursday it had offered discussions with Twitter after restricting access to the platform for Russian users, but that the company was not responding, the Interfax news agency reported.

Markets

ECB likely to signal faster money printing to combat yield rise

The European Central Bank is likely to signal faster money printing on Thursday to keep a lid on borrowing costs but stop short of adding firepower to its already aggressive pandemic-fighting package.

Markets

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