Topic: Tony Hayward
Europe's main stock markets climbed on Tuesday, after overnight US gains, as investors welcomed positive banking earnings and the departure of BP's under-fire boss Tony Hayward. In late morning deals, London's FTSE 100 index rose 0.66 percent to 5,386.31 points, Frankfurt's DAX ...
New home sales up, but sales remain slow WASHINGTON (AP) — Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers skittish about shopping for homes. New home sales rose ...
ABU DHABI (Reuters) - BP Chief Executive Tony Hayward met representatives of Abu Dhabi government investment body Mubadala Wednesday after discussions with the Abu Dhabi Investment Authority (ADIA). Reuters reporters saw Hayward with Mubadala Chief Operating Officer Walid al-Muhairi at Mubadala premises ...
BP shares fall further amid fears the it will bow to political pressure and cut dividendsShares in BP PLC fell further on Wednesday amid fears the British oil company will bow to U.S. political pressure to cut dividends to help pay for ...
British energy giant BP said on Tuesday that its third-quarter net profit sank 34 percent to 5.34 billion dollars (3.59 billion euros), hit by lower oil prices and despite higher production. The company said in an earnings release that total sales fell ...
Oil prices fell under 66 dollars on Wednesday as traders mulled sliding US consumer confidence and awaited an update on crude stockpiles in the world's biggest energy consuming nation. New York's main contract, light sweet crude for September, sank 1.69 dollars to ...
Energy giant BP said on Tuesday its second-quarter net profits slumped 53 percent to 4.39 billion dollars (2.65 billion pounds) due to falling oil prices and despite higher output. Stripping out oil inventories held, net profit was also down 53 percent to ...
British energy major BP said Tuesday that second-quarter net profit slumped 53 percent to 4.39 billion dollars (3.07 billion euros) due to falling oil prices and despite higher output. Stripping out oil inventories held, net profit was also down 53 percent to ...
British oil major BP on Tuesday reported a 62-percent slide in first-quarter net profits to 2.387 billion dollars (1.834 billion euros), as the price of crude halved. The data excludes changes in the value of oil held in stock, a key measure ...
British energy giant BP said on Tuesday that third-quarter net profit soared 83 percent to 8.049 billion dollars (6.434 billion euros) on record high oil prices which have since slumped. Net profit, excluding gains from the value of its crude oil inventories, ...