Latest news with #SHELL
Scottish Sun
9 hours ago
- Business
- Scottish Sun
Fashion giant H&M predicts summer sales rebound after profits fall
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) H&M yesterday posted a fall in profits which was smaller than feared — and it now predicts a sales rebound despite heavy discounting in the fashion industry. Operating profits at the Swedish giant fell to £455million for the three months to the end of May. 1 H&M posted a fall in profits that was smaller than feared Analysts had expected a bigger dip, and the news helped H&M's shares jump seven per cent in Stockholm yesterday morning. It came despite a slightly worse-than-forecast performance for sales, which edged just one per cent higher in the quarter. H&M, the world's second-largest listed retailer, shut 153 stores in the year to May 31, leaving it with 4,166 globally. With the closures stripped out, it said sales rose by three per cent. The clothes retailer now expects a three per cent sales jump this month, an improvement from the six per cent drop seen this time last year. H&M said earnings were impacted by the higher costs of clothing due to a stronger dollar, as well as giving 'customers even more value for money'. It is keeping a keen eye on changes and restrictions in global trade. Boss Daniel Erver said: 'In uncertain times, we monitor developments closely. 'Our plan, with its focus on the product offering, the shopping experience and the H&M brand, is confirmed by the progress we see in key parts of the business.' SHELL DENIES BID FOR BP SHELL has shut down speculation about a possible takeover of BP, confirming it has no plans to make an offer for its rival. Reports earlier this week suggested the two energy giants were in early talks over a merger, with BP reportedly considering the approach. But Shell told investors yesterday that it 'has not been actively considering making an offer for BP'. It also denied making an approach to BP and insisted no talks have taken place with regards to a possible offer. The statement added that Shell had 'no intention' of making an offer. FUEL'S ERRAND THE UK's largest bioethanol plant has warned it will shut down by mid-September without Government support for the industry. Hull-based Vivergo Fuels, owned by Associated British Foods, says the UK-US trade deal removed tariffs on US ethanol imports, making it impossible to compete with subsidised US products. The Government said it is in talks with Vivergo to find a solution.
Business Upturn
28-04-2025
- Business
- Business Upturn
Crypto update: Bitcoin at $94k, Ethereum and Solana dip; SIGN soars 160%, FLM plunges 21%
By News Desk Published on April 28, 2025, 20:38 IST The cryptocurrency market remained mixed on Monday evening, with Bitcoin (BTC) holding steady while several altcoins witnessed sharp movements. Bitcoin was trading at $94,389.67, marking a 0.49% gain over the past 24 hours. Ethereum (ETH), however, slipped 0.68% to $1,782.82. Binance Coin (BNB) saw a mild uptick of 0.25%, trading at $601.87. Among altcoins, Solana (SOL) declined by 1.09% to $147.15, while Ripple (XRP) gained 2.26% to reach $2.29. Meanwhile, Cardano (ADA) edged higher by 0.42% to $0.7002, and Dogecoin (DOGE) slipped 1.94% to $0.1778. Top Gainers: SIGN soared by 160.13% to $0.07804 , emerging as the biggest gainer. SHELL rose 21.03% to $0.2049 . PENGU added 16.96% , now priced at $0.0120 . VIRTUAL advanced 15.50% to $1.24 . ARDR gained 15.09%, trading at $0.12601. Other notable gainers included CETUS, BAR, CGPT, EDU, and ALPACA. Top Losers: FLM plunged 20.88% to $0.0341 , making it the worst performer of the day. VIB fell 18.33% to $0.01707 . INIT dropped 17.26% to $0.6322 . PERP slipped 12.69% to $0.3096 . WING declined 12.39% to $0.99. Other cryptocurrencies like LTO, CHESS, PDA, BMT, and LEVER also posted losses. The overall sentiment appeared cautious, with investors reacting to broader market cues while selectively rotating into specific altcoins showing positive momentum. Disclaimer: Cryptocurrency investments are subject to market risks. Readers are advised to conduct their own research or consult with a professional advisor before making any investment decisions. News desk at
Globe and Mail
31-03-2025
- Business
- Globe and Mail
Director/PDMR Shareholding
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES Shell plc (the "Company") has been notified that following the payment of the interim dividend on March 24, 2025 in respect of the fourth quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 20-F for the year ended December 31, 2024 ( PDMR Date Acquired Share Type Number of dividend shares acquired Purchase price per Share Sinead Gorman 27 March 2025 SHEL (LSE) 1,046.03927 GBP 28.051639 Philippa Bounds 27 March 2025 SHELL (AMS) 0.00569 EUR 33.8917 Philippa Bounds 27 March 2025 SHEL (LSE) 89.26932 GBP 28.051639 Robin Mooldijk 27 March 2025 SHELL (AMS) 725.54619 EUR 33.8917 Rachel Solway 27 March 2025 SHEL (LSE) 5.00148 GBP 28.051639 Huibert Vigeveno 27 March 2025 SHELL (AMS) 1,124.75351 EUR 33.8917 Zoe Yujnovich 27 March 2025 SHELL (AMS) 1,110.95 EUR 33.8917 The Notification of Dealing Form for each PDMR can be found below. Deputy Company Secretary ENQUIRIES Shell Media Relations International, UK, European Press: +44 20 7934 5550 LEI number of Shell plc: 21380068P1DRHMJ8KU70 Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom. 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Sinead Last Name(s) Gorman 2. Reason for the notification Position/status Chief Financial Officer Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency GBP Price 28.051639 Volume 1,046.03927 Total 29,343.116 Aggregated information Price 28.051639 Volume 1,046.03927 Total 29,343.116 Date of transaction 27/03/2025 Place of transaction London 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Philippa Last Name(s) Bounds 2. Reason for the notification Position/status Legal Director Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency EUR Price 33.8917 Volume 0.00569 Total 0.193 Aggregated information Price 33.8917 Volume 0.00569 Total 0.193 Date of transaction 27/03/2025 Place of transaction Amsterdam 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Philippa Last Name(s) Bounds 2. Reason for the notification Position/status Legal Director Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency GBP Price 28.051639 Volume 89.26932 Total 2,504.151 Aggregated information Price 28.051639 Volume 89.26932 Total 2,504.151 Date of transaction 27/03/2025 Place of transaction London 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Robin Last Name(s) Mooldijk 2. Reason for the notification Position/status Projects & Technology Director Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency EUR Price 33.8917 Volume 725.54619 Total 24,589.994 Aggregated information Price 33.8917 Volume 725.54619 Total 24,589.994 Date of transaction 27/03/2025 Place of transaction Amsterdam 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Rachel Last Name(s) Solway 2. Reason for the notification Position/status Chief Human Resources & Corporate Officer Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency GBP Price 28.051639 Volume 5.00148 Total 140.300 Aggregated information Price 28.051639 Volume 5.00148 Total 140.300 Date of transaction 27/03/2025 Place of transaction London 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Huibert Last Name(s) Vigeveno 2. Reason for the notification Position/status Downstream, Renewables & Energy Solutions Director Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency EUR Price 33.8917 Volume 1,124.75351 Total 38,119.809 Aggregated information Price 33.8917 Volume 1,124.75351 Total 38,119.809 Date of transaction 27/03/2025 Place of transaction Amsterdam 1. Details of the person discharging managerial responsibilities/person closely associated First Name(s) Zoe Last Name(s) Yujnovich 2. Reason for the notification Position/status Integrated Gas and Upstream Director Initial notification/ amendment Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Full name of the entity Shell plc Legal Entity Identifier code 21380068P1DRHMJ8KU70 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted Description of the financial instrument Ordinary shares of €0.07 each Identification Code GB00BP6MXD84 Nature of the transaction Dividend shares in respect of shares previously delivered under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Currency EUR Price 33.8917 Volume 1,110.95 Total 37,651.984 Aggregated information Price 33.8917 Volume 1,110.95 Total 37,651.984 Date of transaction 27/03/2025 Place of transaction Amsterdam
