SHELL: UP TO $5.27 BLN
Royal Dutch Shell PLC on Thursday reported a 24% jump in third-quarter earnings, bucking falling oil prices and the recent sagging profits of its European peers.
The Anglo-Dutch energy giant also named Charles O. Holliday as its new chairman, replacing Jorma Ollila, who has held the position for nine years. Mr. Holliday, a former chief executive of DuPont Co. , will take over the role next year.
Shell's current cost-of-supplies profit—a measure similar to the net profit reported by U.S. oil companies—rose to $5.27 billion, from $4.25 billion a year earlier. The company increased its quarterly dividend to 47…
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