Royal Dutch Shell Plc

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LONDON: British shares inched lower on Wednesday as a jump in COVID-19 cases across Europe stoked worries about its...
Published 25 Mar, 2021 05:08am
Goldman Sachs board nominates Royal Dutch Shell CFO for director role
Business & Finance

Goldman Sachs board nominates Royal Dutch Shell CFO for director role

  • If her appointment is approved by shareholders, Jessica Uhl will be the fifth woman director on Goldman's board and its only member to come from the fossil fuel industry.
  • Shell, where Uhl has worked since 2004, recently vowed to eliminate net carbon emissions by 2050, as it prepares to expand its renewables and low-carbon business in the face of growing investor pressure on the oil and gas sector to battle climate change.
Updated 15 Mar, 2021 09:24pm
Brazil's Raizen to buy Louis Dreyfus sugar unit Biosev
Business & Finance

Brazil's Raizen to buy Louis Dreyfus sugar unit Biosev

  • Raizen said in a securities filling it will pay 3.6 billion reais ($670.34 million) to Biosev shareholders, which will also receive 3.5% of Raizen preferred shares, plus 1.49% of redeemable shares.
  • The deal boosts Raizen's credential as the world's largest sugar maker, and one of the largest ethanol producers.
Published 08 Feb, 2021 07:15pm