The British energy major said Friday that it anticipates booking $500 million to $1.5 billion in after-tax impairment charges alongside its second-quarter earnings. These charges are considered ...

The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight. Tariff uncertainty is ...

BP Warns of Up to $1.5 Billion Impairment, Earnings Hit From Lower Prices The energy major said that while upstream production is expected to rise quarter-on-quarter, lower oil and gas sales could ...

Warehouse REIT has been at the center of a competitive takeover since Blackstone announced plans to acquire it in June for 109.0 pence a share, an offer contested by Tritax on June 25. Tritax offered ...

The U.K. economy unexpectedly contracted for a second consecutive month in May, a sharp reversal in fortune following a stronger-than-expected start to the year that makes it more likely the Bank of ...

BP said that while upstream production is expected to rise quarter-on-quarter, lower oil sales could hurt earnings by up to $800 million and lower gas sales could drag earnings by as much as $300 ...

Kuaishou maintains a strong financial position, with a net cash balance of CNY 82 billion as of end-2024. Combined with its favorable operating cash flow outlook, we believe the company is ...