Shell increases dividend payout as profits surge: Shell’s adjusted earnings were above an average analyst forecast of $3.125 billion and also ahead of earnings of $2.9 billion last year, boosted by assets sales as well as higher oil and liquefied natural gas (LNG) prices, the energy firm said on Thursday.
Unilever Plc sets up new firm to manage its global tea business : In a regulatory filing, the household product manufacturer said the new company, New TeaCo will take over its Nigeria Tea Business in a bid to improve its competitiveness in the tea.
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