Shell shareholders vote on move to London

Europe's biggest energy firm says the move would simplify its tax and share arrangements, and accelerate its transition to net-zero emissions.

The meeting of shareholders is due to start at 10 am in Rotterdam's Ahoy auditorium, which just months ago hosted the Eurovision Song Contest. Royal Dutch Shell was formed in 1907 from a merger of Koninklijke Nederlandsche Petroleum Maatschappij and British firm Shell Transport and trading. Shell also suffered a blow earlier this year when a Dutch court ruled that it must slash greenhouse gas emissions, a landmark victory for climate activists.

However, Shell chair Andrew Mackenzie later admitted the company was also "driven to go to the UK" by Dutch Prime Minister Mark Rutte's decision in 2018 to abandon plans to scrap a tax on big companies' dividends.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Uyghur tribunal rules that China 'committed genocide' against the Uyghurs and other ethnic minoritiesThe judgment follows a series of tribunal hearings in London this year, during which a panel of jurors reviewed evidence and testimony.
Source: CNN Philippines - 🏆 13. / 63 Read more »

Starbucks faces key union organizing voteA closely watched bid to organize Starbucks employees could take a decisive step Thursday, as votes to organize three stores in Buffalo, New York, are scheduled to be counted.
Source: CNN Philippines - 🏆 13. / 63 Read more »

Philippine stocks: Gainers, losers, market-moving news – December 2021Bookmark and refresh this page for the latest news and analysis on stock market movers, corporate and financial news, business deals, and the economy in the Philippines %
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Boris and Carrie Johnson announce birth of baby daughterUK Prime Minister Boris Johnson and his wife Carrie Johnson have announced the birth of a 'healthy baby girl,' according to the UK's Press Association. The baby was born on Thursday morning at a London hospital.
Source: CNN Philippines - 🏆 13. / 63 Read more »