The Traderszone Network

Published in TZ Latest News 20 January, 2016 by The TZ Newswire Staff

Shell expects 4th Q profits to drop by at least 40 percent

LONDON (AP) — Royal Dutch Shell expects its fourth quarter profits to drop by at least 40 percent to between $1.6 billion and $1.9 billion after a sharp drop in crude oil prices, but underscored its determination to press ahead with the proposed mega-merger with BG Group plc.