The economy is doing better than expected: 0.4 percent growth last quarter

Shell profit growth exceeds expectations, oil and gas giant announces billion-dollar buyback of its own shares

Energy giant Shell has posted a significantly higher profit for its third quarter than the market had expected. The world’s largest LNG trader sees a recovery in demand. The oil markets are also picking up. CEO Wael Sawan announces the buyback of its own shares worth 3.5 billion dollars.