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Shares of BP PLC (LON: BP.) rose 8% on Tuesday after the oil giant announced a dividend ‘reset’ by 50%. BP stock price is now trading above GBX300 again as it attempts to break the descending tren
Asian stocks rallied on Tuesday while European stocks edged back from the previous day’s stellar gains, as traders priced in a wave of strong manufacturing data released across the globe.
U.S. stock futures wavered as a slew of major companies reported earnings, some of them beating already low expectations from coronavirus economic troubles.
The company expects oil and gas production to drop by about 40% over the same period. To help finance this strategic shift, BP says it will cut dividends to 5.25 cents a share from 10.5 cents in the
All major oil companies suffered in Q2 as lockdowns to contain coronavirus limited travel and oil prices fell to their lowest in two decades
There, now that wasn’t so bad, was it?  Since he took on the top job at BP, Bernard Looney has been behaving like a schoolboy playing hookey to avoid his tetanus shot. He knows it’s unavoidable,
BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up i
BP to cut oil and gas production by 40% as it sets out road to net-zero
Weak quarterly earnings reports from spirits maker Diageo and engineer Babcock pressured London-listed stocks on Tuesday, while BP tracked its best day in two months after delivering a widely expected
Weak quarterly earnings reports from spirits maker Diageo and engineer Babcock pressured London-listed stocks on Tuesday, while BP tracked its best day in two months after delivering a widely expected
The quarterly loss after tax of almost $16.85 billion (14.10 billion euros) compared with net profit of $1.82 billion in the second quarter of 2019, BP said.BP set out details on how it expects to ach
Worset result since Deepwater Horizon disaster comes as CEO looks to create net zero emissions business
European stocks were steady on Tuesday, after a wave of manufacturing reports suggested a stronger economic recovery across the globe.
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