Royal Dutch Shell Cuts Its Way to a New Look

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The U.K. oil and gas major is chopping jobs, costs and investment. That looks like as much an image makeover, as a financial one.

RBS Offers Big Rewards for Patient Buyers

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The U.K. bank’s radical restructuring launched in February promises to build a big capital surplus.

Time Warner Profit Falls, Despite Strong Subscriber Growth

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Time Warner Cable said profit fell 7.2% in its latest quarter, as higher programming costs and a pension expense offset higher revenue and subscriber growth.

Thrifty Sony Still Has Some Explaining to Do

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Sony has made great strides rationalizing costs and wooing back disillusioned investors. But color is still needed on how it plans to spend investors’ cash.

Nokia, Alcatel-Lucent Shares Soar on Profit News

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Nokia recorded a net profit for the second quarter, while Alcatel, which the Finnish company is acquiring, saw its first quarter of positive free cash flow since 2006.

Renault Shares Plunge Despite Strong Results

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French car maker Renault reported an 86% rise in net income as strong European demand and an increase in sales to its partner auto makers boosted revenue, but investors punished the company for failing to do even better.

At SodaStream, a Rush Away From Sugar

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SodaStream, a pioneer in make-it-at-home soda, is recasting itself as a “sparkling water’’ dispenser as Americans cut back on soft drinks. It also is rushing to remake itself before Keurig launches its cold-drink machine.

Global Stocks Steady

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Global stock markets were steady after the U.S. Federal Reserve refrained from sending a clear signal that it would raise interest rates in September.

AstraZeneca Boosted by Licensing Deals

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AstraZeneca reported an increase in second-quarter revenue, driven by income from licensing deals, though profit continued to fall as the company plowed heavy investment into new drugs it hopes will replace its old blockbusters.

AB InBev Profits Fall on Lower U.S., Brazil Sales

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Anheuser-Busch InBev said its net profit fell in the second quarter, missing analysts’ expectations as weakness in the U.S., Europe and Brazil weighed on sales.

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