Rallying banks push FTSE higher
By Reuters UK
The top share index rallied on Thursday, led by banking stocks which recovered some of the previous session's falls as investors positioned ahead of a European Central Bank meeting and Friday's key U.S. jobs report. (May 03)
MORE TOPICS: GOLD, FTSE, COURT, COPPER, EUROPEAN CENTRAL BANK, MEXICO
BP's $7.8 billion Gulf spill pact wins initial court OK
By Reuters UK
BP Plc won preliminary court approval of an estimated $7.8 billion (4.82 billion pounds) settlement to resolve more than 100,000 claims by individuals and businesses stemming from the 2010 Gulf of Mexico oil spill. (May 03)
MORE TOPICS: COURT, MEXICO, NEW YORK, BP PLC, SETTLEMENT
U.S., Alabama urge no delay in BP oil spill trial
By Reuters UK
The U.S. government said a trial to assign blame and damages among BP Plc and others over the 2010 Gulf of Mexico oil spill should not be delayed until after a hearing over a $7.8 billion (4.81 billion pounds)settlement of private party claims. (May 02)
MORE TOPICS: COURT, MEXICO, NEW YORK, BP PLC, ATTORNEY GENERAL, SETTLEMENT
ConocoPhillips Fined $257M For Chinese Oil Spill
By IBTimes
Houston-based oil ang gas giant ConocoPhillips (NYSE: COP) has been fined $257 million to settle charges brought by the Chinese government following a massive oil spill. The company's Chinese venture partner, CNOOC Ltd., was also fined, to the tune of $76 million. (May 01)
MORE TOPICS: CHINA, NYSE, CONOCOPHILLIPS, COURT, NEW YORK, LAWSUIT
Alabama urges no delay in BP oil spill trial
By Reuters UK
A trial to assign blame and damages among BP Plc <BP.L> and others over the 2010 Gulf of Mexico oil spill should not be delayed until after a hearing over a $7.8 billion (4.81 billion pounds) settlement of private party claims, the state of Alabama said on Tuesday. (May 01)
MORE TOPICS: COURT, MEXICO, NEW YORK, BP PLC, ATTORNEY GENERAL, SETTLEMENT
BP Earnings Fall As Gulf Spill Costs Continue To Weigh
By Reuters
BP Plc (BP.L) reported a bigger-than-expected profit drop on the back of a fall in production prompted by the need to sell oil fields to pay for the Gulf of Mexico disaster, raising concerns about the oil group's turnaround plan. (May 01)
MORE TOPICS: CITIGROUP, EXXON MOBIL, CONOCOPHILLIPS, MEXICO, BP PLC, DEPARTMENT OF JUSTICE
FTSE stays higher as earnings hold sway
By Reuters UK
The top share index held firm on Tuesday led by banks as results from Lloyds offered some reassurance, while data on the economy was again bearish and traders remained unconvinced by the overall flow of corporate results. (May 01)
MORE TOPICS: CHINA, FTSE, MANUFACTURING, GDP, COPPER, MEXICO
Lloyds leads FTSE gains, oils fall
By Reuters UK
The FTSE 100 bounced higher early on Tuesday, with Lloyds <LLOY.L> among the top gainers after quarterly results, offsetting a fall in integrated oils led by BP <BP.L>, which reported worse-than-expected results. (May 01)
MORE TOPICS: CHINA, ROYAL BANK OF SCOTLAND, FTSE, MANUFACTURING, GDP, MEXICO
BP Profits Fall on Lower Production Following Gulf of Mexico Oil Spill
By IBTimes UK
Lower production following the Gulf of Mexico oil spill pulls down profits despite the rise in oil prices over the last year (May 01)
MORE TOPICS: MEXICO, DEPARTMENT OF JUSTICE, LONDON
Lloyds leads FTSE higher after first quarter update
By Reuters UK
The FTSE 100 bounced higher early on Tuesday, with Lloyds <LLOY.L> among the top gainers after quarterly results, while PMI data from the UK and the United States will be scrutinised later for guidance as to the health of the global economy. (May 01)
