Dutch Consumer Confidence Strengthens In August

Dutch consumer confidence improved in August after falling in the previous month, while consumer spending growth accelerated for the first time in three months in June, figures from the Central Bureau of Statistics showed Thursday.

U.S. gives Shell final nod to drill for oil in Arctic

WASHINGTON (Reuters) – The Obama administration granted Royal Dutch Shell final clearance on Monday to resume drilling for oil and gas in the environmentally fragile Arctic Ocean for the first time since 2012, a move green groups vowed to fight.

Royal Dutch Shell receives final nod to drill for Arctic oil from Obama administration

WASHINGTON — The Obama administration on Monday granted Royal Dutch Shell the final permit to drill for oil and gas in the Arctic for the first time since 2012, a move environmentalists vowed to fight. The Interior Department gave Shell the final permit to drill into the oil zone in the Chukchi Sea off northern Alaska after the Fennica, an icebreaker the company leases that carries emergency well-plugging equipment, was repaired after suffering a gash in its hull.