 Surging oil and gas prices have helped Exxon Mobil to unveil the highest quarterly profits reported by a publicly-traded US company. Fourth-quarter earnings jumped to $10.7bn (£8.8bn) from $8.4bn in the same period last year. The results drove Exxon's annual profit to $36.13bn - 42% up on last year. In the past year, oil prices have soared on concerns about supplies prompted by tensions in oil producing countries and hurricanes in the US. Meanwhile, Exxon also got a boost from a one-off $390m payment to settle a lawsuit in the last three months of the financial year. Without the exceptional item, earnings for the quarter came in at $1.65 per share, still significantly better than analyst forecasts of $1.45. ...
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Editor - 08:33:00 01-30-06
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 UN unveils plan to release untapped wealth of...$7 trillion (and solve the world's problems at a stroke) |
| The most potent threats to life on earth - global warming, health pandemics, poverty and armed conflict - could be ended by moves that would unlock $7 trillion - $7,000,000,000,000 (£3.9trn) - of previously unt.. full News |
Editor - 00:08:00 01-30-06
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| MOD accused of hiding real cost of Iraq war |
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Editor - 23:50:00 01-29-06
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| Direct Talks—U.S. Officials and Iraqi Insurgents |
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Editor - 23:25:00 01-29-06
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| UK troops in Iraq under threat once pullout begins |
| LONDON: British soldiers in Iraq will face greater risk as Britain begins to withdraw its troops from the country, Defence Secretary John Reid said on Sunday. British officials have said they hope to reduce the.. full News |
Editor - 23:21:00 01-29-06
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| Bush Will Use `Bully Pulpit' in Bid to Recover From 2005 Damage |
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Editor - 22:59:00 01-29-06
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| post The Good, The Bad and The Ugly |
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