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Shell Q1 beats estimates as profit hits $7 7bn, launches $3 5bn buyback

Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.

Polymetal to sell Russian business for $3 7bn

Polymetal International said on Monday that it has agreed to sell its Russian business to Russian precious metals miner Mangazeya Mining for around $3.69bn.

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