The U.K. economy expanded 0.7 percent in the fourth quarter, ending the best year since 2007 amid growth in every industry except construction. The increase in gross domestic product followed a 0.8 percent gain in the third quarter, the Office for National Statistics said today in London. It was in […]
Tag: Fourth Quarter
Shell warns of “significant” profit miss
Royal Dutch Shell (RDSa.L) warned on Friday that its fourth-quarter figures are expected to be significantly lower than recent levels of profitability because of oil and gas prices and problems with its refining business. The sharp cut in forecasts for earnings on a current cost of supplies basis (CCS), excluding […]
Goldman Sachs fourth-quarter profit hit by lower bond trading revenue
Goldman Sachs Group Inc reported a 21 percent drop in quarterly profit on Thursday as revenue from fixed-income trading fell in what Chief Executive Lloyd C. Blankfein described as “a somewhat challenging environment.” The bank’s bond trading revenue slid 11 percent, adjusted for an accounting charge, and was greater than […]
