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Ahold reports 3 percent rise in Q2 profits (AP)

AP – Royal Ahold NV, the Dutch operator of the Stop & Shop and Giant grocery chains in the United States, said Thursday its second quarter profits rose just three percent due to a loss at its Scandinavian joint venture ICA.

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European shares rise before US jobs data (AFP)

AFP – Europe’s main stock markets rose on Friday as the market saluted a return to profits for state-rescued Royal Bank of Scotland and before publication of key US jobs data.

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State-rescued bank RBS scrapes into profit (AFP)

AFP – Royal Bank of Scotland, rescued by the taxpayer at the height of the financial crisis, scraped into profit in the first half of 2010, it said on Friday, capping a strong recovery for Britain’s main banks.

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Royal Bank of Scotland returns to profit (AFP)

AFP – Royal Bank of Scotland, rescued by the taxpayer at the height of the financial crisis, scraped into profit during the first half of 2010, its latest earnings statement showed on Friday.

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Exxon, Shell growth now led by natural gas (Reuters)

Reuters – Exxon Mobil and Royal Dutch Shell Plc (RDSa.L) reported strong growth in production on Thursday after years of largely falling output, helping to send second-quarter profits soaring.

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Shell Q2 net profit up 15 percent (AP)

AP – Royal Dutch Shell, Europe’s largest oil company, reported a 15 percent rise in net profit for the second quarter thanks to higher oil and gas prices and the early completion of a cost-cutting program.

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Major RBS order starts third day at Farnborough (Reuters)

Reuters – Government-controlled British bank Royal Bank of Scotland acknowledged being the mystery buyer of nearly $8 billion in new passenger jets, as an expected flurry of new orders shook up the third day of the Farnborough Airshow.

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Philips Q2 profits up on strong sales (AP)

AP – Royal Philips Electronics NV, the world’s largest maker of lights, said Monday its second quarter profit rose sharply, thanks to strong sales at its lighting and consumer electronics divisions, particularly in emerging markets.

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RBS may seek more after $100 million Goldman payout (Reuters)

Reuters – Royal Bank of Scotland may pursue Goldman Sachs for substantially more than the $100 million it received as part of a settlement over the marketing of a subprime mortgage product.

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Royal Dutch Shell: deep drilling must continue (AP)

AP – Royal Dutch Shell says rising demand means deep-water drilling must continue, but that competitor British Petroleum’s massive Gulf of Mexico spill offers lessons.

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