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Added on the 23/01/2015 14:10:21 - Copyright : Reuters EN
BP reports a near halving in Q3 earnings and cuts its investment plans by another $1 billion - but beats estimates. And, as Hayley Platt reports, a strong set of numbers from Shell also came in ahead of forecasts
The OECD raises its forecast for global growth in 2024, boosted by a dynamic recovery in the United States as the eurozone lags behind. The Paris-based organisation says it now sees this year's global growth at 3.1 percent, up from its February projection of 2.9 percent SOUNDBITE
NATO chief Jens Stoltenberg says that the US-led defence alliance's European members are making "real progress" on their defence spending, with 2024 set to be the first year their spending amounts to "two percent of their combined GDP". Stoltenberg's comments come after Donald Trump rattled the alliance by saying he would "encourage" Russia to attack members who were not meeting the two percent obligation. SOUNDBITE
The COP28 president says that the climate summit is making progress but "not fast enough" as he urges all countries to set aside narrow self-interest. "The window is closing to close the gaps. We are making progress, but not fast enough and not satisfying enough," Sultan Al Jaber the Emirati oil boss who is leading the summit in Dubai, tells a late-night session. SOUNDBITE
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