GM plunges to $15.5bn loss
General Motors lost a towering $15.5bn in the second quarter as it was hammered by falling sales in its core North American market and a dramatic shift from big pick-up trucks and sport-utility vehicles to more fuel-efficient but less profitable cars.





Royal Dutch Shell yesterday said it shut down production from an offshore oil field that produces about 200,000 barrels per day.
This was after after the most powerful militant...