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To: jbe who wrote (32820)12/14/1998 2:22:00 PM
From: Captain James T. Kirk  Read Replies (1) | Respond to of 95453
 



Shell to take $4.5 billion charge

LONDON, Dec. 14 — Oil giant Royal Dutch/Shell Group said Monday it will take $4.5 billion in special charges in the current quarter as it slashes costs and sells major parts of its business in a bid to improve returns to stockholders. The Anglo-Dutch group plans to cut annual costs by $2.5 billion by 2001 with a radical restructuring that will include the sale of