ANGLO-Dutch oil giant Royal Dutch Shell put beleaguered rival BP in the shade today with a 34% hike in second-quarter profits to 4.2 billion US dollars (£2.7 billion). The forecast-beating performance in an "uncertain" economic climate came as Shell unveiled a 5% increase in production and faster than expected progress on its 3.5 billion dollar (£2.2 billion) cost-saving plans, which will see 7,000 jobs go.Read
