Between april and june, the company made a Profit Ofjust over 30 billion, a lot of money by anyones metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period. So i put it to our middle east Business Correspondent Sameer Hashmi that even with falling profits, the biggest winner is the saudi government, which is aramcos biggest shareholder. The saudi government owns around 90 of the c
the uk based bank makes much of its profit in china and has been trying to expand there in recent years. the bank has subsquently said that sir sherard cowper coles made the comments at a private roundtable discussion and shared his personal views , and that they do not reflect those of the bank. the company behind the barbie movie says it s taken more than $1bn in ticket sales in its first 17 days. it means greta gerwig has become the first woman to reach the milestone as a solo director. european markets have been tracking asia a bit lower today. there are some concerns over the strength of the us economy and that has done a lot of the markets. that s all from