News

Energy major BP (NYSE:BP) was gaining for the seventh straight session on Friday as its shares rose 2.33% to reach $31.64 during afternoon trading. The company added more than 6% in the preceding six ...
With rampant backsliding on climate pledges, dozens of major companies have recently begun abandoning or weakening their ...
BP is indefinitely pausing multibillion-dollar hydrogen project projected to create 16,000 construction jobs in Northwest Indiana.
Apollo Global Management (NYSE:APO) was in the spotlight this past quarter, driven by its bid to take Papa John's private, contributing to a 6% share price increase. This M&A buzz highlighted market ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
BP's size, asset complexity and limited buyer interest make a near-term takeover highly unlikely, say Moelis bankers.
The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co.
They think, "What's the point when it comes to saving for the future?" Alev said.
London stocks edged up in early trade on Friday as investors eyed the latest US non-farm payrolls report. At 0825 BST, the ...
The Swiss franc has appreciated 10% against the U.S. dollar since the beginning of the year. A strengthening franc has put deflationary pressure on the Swiss economy, which returned to deflation last ...
Lydia Rainforth, head of European energy, equity research at Barclays, discusses takeover speculation over a BP takeover and the valuation gap between European and U.S. oil majors.
Rumors of a potential takeover of BP are circulating, with ExxonMobil being a possible key contender. Big Technologies, a provider of electronic tagging services, is experiencing significant ...