Exxon Record Profits

 Yet another global corporation disclose a bumper year of profits while workers endure austerity and cuts in their living standards.

 ExxonMobil reaped a record $55.7bn (£45.2bn) in profit last year, more than double 2021's figure and about $6.3m an hour.

Exxon boss Darren Woods said, "Of course, our results clearly benefited from a favourable market..." By which he meant, the oil prices surge following Russia's invasion of Ukraine.

Oil majors are expected to break their own annual records on high prices and soaring demand, pushing their combined take to near $200bn.