ho The British auction house Christie’s will auction some 700 pieces of jewelry estimated to be worth $150 million from late Austrian heiress Heidi Horten, whose late German husband began to acquire his fortune from Jews fleeing Nazi oppression. The auction house,
French energy firm EDF announced that its UK business had profits of more than £1 billion thanks to soaring wholesale electricity prices. As the cost of wholesale gas skyrocketed following Russia’s invasion of Ukraine, it had a knock-on effect on electricity prices,
British Gas parent company Centrica has reported a surge in its annual underlying operating profits. The firm’s earnings skyrocketed as Britons struggled to meet the cost of living, reaching £2.8 billion. The reported profits mark a threefold increase from £392 million in
BP’s annual profits more than doubled in 2022 to $28billion (£23billion), while Shell announced record annual profits of $39.9billion (£32.2billion) as a result of higher gas prices following Russia’s invasion of Ukraine last February. So do you think energy giants should face
The head of the energy giant BP has announced he plans to cut back on renewable energy projects and stick with oil and gas investments after fossil fuel energy raked in record profits in 2022. Bernard Looney, chief executive of BP, said
Energy Shell has announced that it has raked in a record 84.3 billion dollars (£68.1 billion) in profits in 2022 off the back of soaring oil and gas prices. Earning a staggering 53 percent increase in profits, the London-based oil major reported
The King has requested that profits from a £1billion a year crown estate windfarm deal should be used for the “wider public good” rather than as a financial boost for the monarchy. Under the sovereign grant, funded by the taxpayer which is
Energy giant Shell is expected to take a staggering $2.4billion (£1.9billion) hit after getting slapped with a tax on its excess profits by the EU and UK. It also marks the first time in five years that the oil major paid tax in
Since the beginning of Vladimir Putin’s attack on Ukraine, Russia’s sex workers have seen a shift in their parlours as clients were either sent to the frontline or were quick to re-evaluate their family status. Russians who were lucky enough to remain at