Business

Shell turning a corner?

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Shell made more money than Exxon Mobil in the second half of 2016, despite the Anglo-Dutch oil major's annual profit hitting its lowest level in more than a decade as it grappled with a deep downturn. As David Pollard reports, Europe's largest oil and gas company showed stronger signs that it was turning a corner following deep spending cuts, divestments and thousands of job losses last year.