Europe Markets: Financial sector propels Europe stocks to gains
European shares advance, with UBS and Deutsche Bank gaining sharply in the banking sector, while BP edges up after the oil giant announces a new CEO at the same time as it posts a hefty loss. Click here to read the full story
Read more..BP replaces CEO Hayward, makes record loss
By JANE WARDELL 2010-07-27T08:39:41Z LONDON (AP) — BP’s embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday, as it reported a record quarterly loss and set aside $32.2 billion to cover the costs [...]
Read more..BP to replace CEO Hayward with Robert Dudley
By JANE WARDELL 2010-07-27T07:41:54Z LONDON (AP) — BP’s embattled Chief Executive Officer Tony Hayward will be replaced by American Robert Dudley on Oct. 1, the company said Tuesday, as it reported a record quarterly loss and set aside $32.2 billion to cover the costs [...]
Read more..Europe Markets: UBS, Deutsche Bank help lift European stocks
European shares advance, with UBS and Deutsche Bank gaining sharply in the banking sector, while BP edges up after the oil giant announces a new CEO at the same time as it posts a hefty loss. Click here to read the full story
Read more..BP puts oil spill cost at $32.2bn
BP says it is setting aside $32.2bn (£20.8bn) to cover the oil spill clean up costs, and confirms chief Tony Hayward is leaving. Click here to read the full story
Read more..Dudley’s path followed unusual turns to CEO of BP
By DAVID KOENIG 2010-07-27T07:01:27Z Bob Dudley’s sudden rise to the top at BP PLC shows how the Gulf oil spill has dramatically changed the fortunes of people from local fishermen to corporate executives…. Click here to read the full story
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