Corporate profits up, crisis, what crisis?


This BBC video from Britain is called Shell sets new UK profits record.

From Dutch NOS TV:

Shell and Unilever have made much bigger profits in the third three month period of this year than a year ago. Shell reports profits of 10.9 billion dollars, up 71 percent. Unilever, 1.7 billion euro, made 72 peroent more profit.

Shell profited from oil prices, high on average. Even though production went down from 3.1 million barrels a day to 2.9 million barrels.

Shell and Exxon join the profits bonanza: here.

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