Deep Shell Problems Weigh On New Boss Van Beurden
Royal Dutch Shell's chief executive Ben van Beurden has, on the face of it, played the classic "new boss" card - using a barely justified profit warning to brighten his own future by making the past look bad. The truth is quite different, the energy company says, and possibly far more worrying for investors. Three trading days after van Beurden's warning last Friday that quarterly net profit will fall far short of expectations, Shell's shares are barely down 1.5 percent in a flat market.
Robin Thicke's Marriage To Paula Patton Is Officially OVER!
He put their huge house on the market Monday, so we knew it was getting real. Now, people from Robin Thicke's camp are revealing that he and Paula Patton are totally done — with an attorney already working on a financial settlement! Neither side has hired a divorce lawyer and sources added that the singer will not be the one who files for the legal split, so it's up to Paula to make the final move!
Facebook Stock Hits New High, Doubling Its IPO Price
What a difference two years make. Facebook stock topped $76 a share in early trading Thursday, a new all-time high for the company and more than double its IPO price of $38 in May 2012. The company now has a market cap of $193 billion. The stock surged more than 6% overnight following a strong second quarter earnings report thanks to continued growth in ad sales.
In China, Apple's Focus Pays Off While Samsung Feels Squeeze
The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changing markets, while Apple loses out by rigidly sticking to its high-end gadgets. But manufacturers' recent earnings reports challenge those assumptions, at least in China, the world's biggest mobile market. Apple's latest quarterly results showed sales of its high-end phones in China grew at nearly twice the pace analysts had expected. Meanwhile, budget offerings from Chinese firms won at the cheaper end, effectively squeezing industry leader Samsung Electronics
Venice Film Festival To Kick Off With Black Comedy 'Birdman'
Mexican director Alejandro Inarritu opens this year's Venice film festival with the premier of "Birdman", a black comedy that heads a 55-strong selection leaning heavily toward war and recession, festival director Alberto Barbera said on Thursday. The world's oldest film festival opens on Aug 27 and runs to Sept 6 with jury president Alexandre Desplat heading a judging panel that includes British actor Tim Roth, Palestinian director Elia Suleiman and Italian actor Carlo Verdone.
United 1st US Airline To Resume Flights To Israel
United Airlines will be the first U.S. carrier to resume flights to Israel after a two-day hiatus caused by combat in the Gaza Strip. The Chicago-based airline says it will resume service to Ben Gurion Airport in Tel Aviv with a 4:45 p.m. eastern flight from Newark Liberty International Airport in New Jersey. A second United flight will leave Newark at 10:50 p.m. eastern. The decision comes hours after the Federal Aviation Administration lifted its ban on U.S.
There's No Photobomb Like A Queen Of England Photobomb
Here's a selfie photobomb to rule them all — no, really. The Queen of England is in it. Hockey players Jayde Taylor and Anna Flanagan captured one of the most regal selfies of all time, featuring the one and only Queen Elizabeth. Better yet, the Queen is actually smiling — a rarity for Her Majesty. The picture was taken at the Glasgow National Hockey Centre where the Commonwealth Games are currently taking place. Taylor and Flanagan are members of the Australian hockey team the Hockeyroos.
Israeli Fire Hits UN Facility In Gaza, Killing 7
Gaza health officials say at least seven people were killed when Israeli tank shells hit a compound housing a U.N. school in the northern Gaza Strip during clashes with Palestinian militants. Gaza health official Ashraf al-Kidra says the seven were among hundreds of people seeking shelter in the school from heavy fighting in the area. The Palestinian Red Crescent confirmed that seven people were killed by tank shells at the school in the northern town of Beit Hanoun. UNRWA, the Palestinian refugee agency, has said it has found militant rockets inside two vacant schools.
Pope Blesses Mom Sentenced To Death Over Her Faith
A mother put on death row for refusing to reject Christianity met Pope Francis at the Vatican on Thursday, just hours after she fleeing Sudan. Meriam Ibrahim was flown out of the country with her American husband and two young children. After an almost year-long ordeal that triggered outrage around the world, the State Department had been negotiating with Sudanese officials for weeks to secure the family's safe passage out of the country . Embassy in Khartoum for almost a month. That crime is punishable by death under Sudan’s strict Islamic law.
U.N. Panel Tells Japan To Compensate 'comfort Women'
A United Nations human rights agency is calling on Japan to guarantee independent investigations of wartime sex slavery and provide a public apology and compensation to the women who were victims. Some historians estimate that as many as 200,000 so-called comfort women, many from China and South Korea, were forced into the Imperial Japanese Army's brothels before and during World War Two. The U.N. Human Rights Committee, which was reviewing the human-rights records of several countries, said on Thursday that all claims for reparation brought by victims before Japanese courts have been dismissed. It also said all complaints seeking criminal investigations and prosecutions have been rejected on grounds of the statute of limitations. The panel said, citing articles of the U.N. civil and political rights treaty ratified by Japan that, "The Committee considers that this situation reflects ongoing violations of the victims' human rights, as well as a lack of effective remedies available to them as victims of past human rights violations."