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 ...

DNB Bank's second-quarter results came in just short of analysts' expectations, but the lender said the Norwegian central bank's recent rate cut had prompted strong demand for mortgages while income ...

Although the economy grew at a fast clip in the first quarter of 2025, it contracted by 0.3% in April as exports to the U.S. fell sharply in response to an increase in tariffs. That puts it on course ...

Unilever Picks New Ben & Jerry's CEO, Escalating Dispute With Independent Board Jochanan Senf, a longtime Unilever executive, starts in the role this month. Air India Probe Puts Early Focus on Pilots' ...

The U.S. will put a 35% tariff on imports from Canada effective Aug. 1, President Trump announced on Thursday evening. But an exemption for goods that comply with the nations' free-trade agreement, ...

U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday. Exxon just warned ...

--Panasonic Holdings is delaying full production of electric-vehicle batteries at a new plant in Kansas, Japanese business daily Nikkei reported Friday, without citing sources.