National / International News

Oil giant Shell has a nasty surprise for the markets

Marketplace - American Public Media - Fri, 2014-01-17 04:56

Royal Dutch Shell is Europe's biggest oil company, but had to warn the markets this morning that its profits for the fourth quarter were less than half what they were last year.

That was in an early earnings report that erased about $10 billion in shareholder value.

The BBC's Rob Young says this isn't good for the big man in charge. 

"It’s not a great start for Shell’s new Chief Executive Ben van Beurden. He’s only been in the job 17 days, and he says this isn’t what he expects. Shares fell four percent, wiping about $10 billion off the value of the company."

The company issued what's called a "profit warning" -- meaning it won't meet analyst's expectations.

The BBC's Rob Young, joined Marketplace's Lizzie O'Leary to discuss. 

Parents arrested over baby's death

BBC - Fri, 2014-01-17 04:53
The parents of a nine-month-old girl who died in hospital are arrested on suspicion of her murder.

Job advert sparks Welsh language row

BBC - Fri, 2014-01-17 04:51
A council is accused of a 'scandalous attitude' towards the Welsh language after its website said applicants for social work jobs had 'no need to worry' if they were not bilingual.

The rise, fall and rise of the mini-supermarket

BBC - Fri, 2014-01-17 04:49
Sainsbury's will have more convenience stores than supermarkets this year. The mini-supermarket is on the march.

Israel berates 'pro-Palestinian EU'

BBC - Fri, 2014-01-17 04:35
Israel summons the ambassadors of Britain, France, Italy and Spain to accuse their countries of hypocritical pro-Palestinian bias .

Obama Expected To Say NSA Should Not Hold 'Metadata'

NPR News - Fri, 2014-01-17 04:30

One change that privacy advocates have been pushing for is that the NSA no longer store the records from millions of phone calls — including those of Americans. Officials are telling Reuters and NPR that the president will endorse the idea of having a third party, not the NSA, hold that data.

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Masked gunman shoots 74-year-old man

BBC - Fri, 2014-01-17 04:29
A 74-year-old man is shot by a masked gunman at a shed in Ballycastle, County Antrim, in what police have described as attempted murder.

Nothing has changed - Ecclestone

BBC - Fri, 2014-01-17 04:21
F1 supremo Bernie Ecclestone says it is 'business as usual' for the sport despite his indictment on bribery charges.

Australia thwart England in thriller

BBC - Fri, 2014-01-17 04:08
James Faulkner hits an unbeaten 69 as Australia beat England by one wicket to take a 2-0 lead in the one-day series.

VIDEO: 'Dancing peacock' inspires airport

BBC - Fri, 2014-01-17 04:05
Mumbai is set to open its new international airport terminal in February. The developers claim it will be one of the best terminals in the world.

Google buys Nest plus a silly mix-up: This week's Silicon Tally

Marketplace - American Public Media - Fri, 2014-01-17 04:02

It's time for Silicon Tally. How well have you kept up with the week in tech news?

This week, Marketplace's Queena Kim faces off against host Mark Garrison in our weekly Silicon Tally quiz. Play along at home, below.

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Welsh Open snooker to leave Newport

BBC - Fri, 2014-01-17 03:53
Next month's Welsh Open will be the last to be held in Newport, the chairman of World Snooker announces.

Syria proposes prisoner exchange

BBC - Fri, 2014-01-17 03:49
The Syrian government says it is ready to offer a prisoner exchange with rebels, as the opposition meets to discuss attendance at peace talks.

Blast targets Bangkok protest rally

BBC - Fri, 2014-01-17 03:37
A blast at an anti-government protest rally in Thailand's capital, Bangkok, injures more than 30 people, amid an ongoing political crisis.

Hague wades into Scots-EU debate

BBC - Fri, 2014-01-17 03:27
Foreign Secretary William Hague says an independent Scottish state may not be able to negotiate the same terms of EU membership as the UK.

NI firm wins major bus contract

BBC - Fri, 2014-01-17 03:23
Wrightbus, the County Antrim bus building firm, has won the lion's share of a £70m contract to provide 425 vehicles to the UK firm FirstGroup.

VIDEO: House of Commons

BBC - Fri, 2014-01-17 03:19
The Citizenship (Armed Forces) Bill completes its final stage in the House of Commons.

VIDEO: Kemp 'found slave trade in London'

BBC - Fri, 2014-01-17 03:17
The British do not understand the scale of the slave trade and 'people don't want to talk about it', says actor turned documentary maker Ross Kemp.

December sees strong retail sales

BBC - Fri, 2014-01-17 03:08
UK retail sales in December were up 5.3% from a year earlier, official figures show - the fastest annual sales growth in more than nine years.

VIDEO: Redford philosophical on Oscar snub

BBC - Fri, 2014-01-17 03:07
Sundance Film Festival founder Robert Redford says he is "not disturbed" after being overlooked for an Oscar nomination for his performance in All Is Lost.

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