Progressive News and Commentary from the UK, EU and US by Europe-Based US Journalist Denis Campbell and Colleagues.

Posts Tagged ‘profits’

Oil Company Abandons Wind for… More Oil!

By Denis Campbell • Aug 19th, 2008 • Category: Business Issues

 (reprise article)
Surprise! Royal Dutch Shell abandoned its 33% stake in the London Array off the coast of Kent, the world’s largest wind harnessing project and at the same time announced it was making a major investment in Canadian Oil exploration.
In an official corporate statement reported originally in The Guardian, Shell said “the decision to sell [...]



BBC Worldwide Profits from Global Dearth of Quality TV

By Denis Campbell • Jul 14th, 2008 • Category: Media

Yes Virginia, there is quality television and the BBC (referred here in the UK as the Beeb) via worldwide broadcasts of Dr. Who, Jeremy Clarkson’s Top Gear, the dignified BBC News and countless documentaries, proved last week there is a global appetite for it by posting a £118 ($234) million pound profit for the past [...]



Top 10 Business Headlines of this Past Week

By Denis Campbell • Apr 29th, 2008 • Category: Business

1. BJ’s Warehouse CEO’s compensation included $762,000 in private jet flights
The Boston Globe 
The nearly $11 million in total compensation that the top executive at BJ’s Wholesale Club Inc. was awarded in 2007 included more than $762,000 for private jet flights, according to an analysis of a regulatory filing by the nation’s third-biggest discount warehouse club.