BP’s overhaul can start with a new Chair
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
BP shares climb on prospect Elliott stake will drive change
Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
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BP gave a bleak outlook. Now it’s reportedly slashing jobs.
BP is going to cut 4,700 staff jobs and another 3,000 contractor jobs. Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a ...