With no sign of oil price rebound, Shell wields axe again

LONDON (Reuters) - Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts as it seeks to reassure investors it can withstand an extended period of lower oil prices, even through its planned $70 billion acquisition of BG Group.

Buffett Increases Wells Fargo, U.S. Bancorp, IBM Holdings

Berkshire Hathaway Inc. increased its holdings in some of billionaire Chairman Warren Buffett’s favorite companies in the first quarter, including Wells Fargo & Co. and International Business Machines Corp.

Car sales in the UK in 2014 return to pre-recession levels

British consumers bought more new cars in 2014 than in any year in the last decade as cheap finance deals and a growing economy fuelled confidence.

Shell to sell $15 billion of assets including some North Sea fields: Report

LONDON: Royal Dutch Shell could look to sell $15 billion worth of assets over the next two years including some North Sea fields, said a media report on Tuesday, expanding on its existing guidance that divestments would accelerate this year.

Airlines promise a return to civility, for a fee

NEW YORK: Airlines are introducing a new bevy of fees, but this time passengers might actually like them. Unlike the first generation of charges which dinged fliers for once-free services like checking a bag, these new fees promise a taste of the good life, or at least a more civil flight.