28-07-2016 12:43 via uk.news.yahoo.com

Shell disappoints market as weak oil, BG deal costs hit profits

By Karolin Schaps and Dmitry Zhdannikov LONDON (Reuters) - Royal Dutch Shell has disappointed investors with a 72 percent fall in quarterly profit that it blamed on weak oil prices and costs related to its $54 billion (£41 billion) takeover of BG Group, showing how much strain it faces after the bumper deal. Shell missed analysts' estimates for second-quarter current cost of supplies - its definition of net income - by $1.1 billion mainly because they had expected a better performance at t
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