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Shell CEO expects no valuation hit from climate accord
AMSTERDAM Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing concerns that production limits in the wake of the Paris climate accord could hit the energy giant's valuation.In an interview with Dutch newspaper Het Financieele Dagblad, Ben
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Shell CEO expects no valuation hit from climate accord
AMSTERDAM Royal Dutch Shell expects to pump out all the fossil fuel reserves listed on its balance sheet, its chief executive said, dismissing concerns that production limits in the wake of the Paris climate accord could hit the energy giant's
Peugeot poised to buy GM's Opel, creating European car giant
PARIS/LONDON France's PSA Group (PEUP.PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday after striking an agreement with the U.S. carmaker and winning the blessing of its board for the acquisition.The maker of
Morgan Stanley ups European earnings forecasts, says financials in 'sweet spot'
LONDON A stronger-than-anticipated economic recovery, the return of inflation and the region's financial sector in a "sweet spot" has spurred Morgan Stanley to lift its earnings forecasts and targets for European benchmark indexes.The U.S. bank now sees earnings per share
