Shell sees 70% fall in profits

Royal Dutch Shell today announced a 70% slide in profits to $2.3bn (€1.6bn) in the period between April and June.

Royal Dutch Shell today announced a 70% slide in profits to $2.3bn (€1.6bn) in the period between April and June.

The Anglo-Dutch firm achieved profits of €25.7bn last year, but, in line with BP on Tuesday, it said the weaker global economy had impacted its performance in the second quarter.

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