Plus, tech results and UK bank taxes
Excerpt from Financial Times. Original publication ↗
Source: Financial Times
At a glance
- Topic
- Business
- Country
- 🇬🇧 GB
- Publisher language
- EN
- Added to Allnira
Business / 🇬🇧 GB / EN
The Fed plays for time (but doesn’t have much)
More on Business
The AgeEN
The oil market should brace for a forever stalemate in Iran
The oil market sees the future of the war in the Middle East as binary. Either Iran or the US reach a deal or they head into a worsening conflict. There is, however, a third path - and it’s not pretty.
Al Jazeera EnglishEN
‘Economic incentives are limited’: What does Russia really offer Africa?
African nations weigh political incentives as Moscow offers limited economic benefits compared with China and the West.
The GuardianEN
Shell profits double to $10.8bn as Iran war pushes up profit margin on oil
<p>Energy firm to return $5bn to shareholders as climate campaigners criticise high profits</p><p>Shell has doubled its profits in the last quarter after the Middle East conflict drove up the price of oil and gas and created shortages in the global market.</p><p>Shell reported on Thursday morning that it made an adjusted profit of $10.8bn (£8.1bn) in the Jul