BP will buy $8bn worth of shares and keep $4.4bn in reserve following the formal sale of half of its Russian joint venture to Rosneft
Former UN climate convention executive secretary tells IBTimes UK that carbon trading can help make up for slow political progress.
H&M's first quarter profit dips due to persisting European debt crisis and unfavourable weather conditions.
Eurotunnel Group finds it difficult to achieve passenger traffic surge in 2013 due to absence of big-ticket events.
Chairman Sir John Peace admits he was legally and factually incorrect on sanction busting.
China Resources looks to team up with market leaders in the future as the retail sector remains challenging.
Osborne's generous new tax regime is welcome but planning is the issue that needs to be addressed, argues Dan Byles MP.
EXCLUSIVE: Vince Cable PPS says she still has dozens of concerns about way banks handle FSA review process.
Asos bucks the dismal trend in retail sector with 34% rise in first-half sales.
Greggs' full-year profit falls to £51.9m despite sales rise as consumer spending remained under pressure.
German lender increases mortgage-related lawsuits and unrelated litigation provision to €2.4bn.
German auto-maker Volkswagen sells more cars in China than any other foreign car maker.
ANA says it will take a month to fit the new battery systems to its fleet after Boeing gets all regulatory approvals.
Ryanair order comes as Boeing suffers battery problems with Dreamliner jets.
Citigroup agrees to pay investors of bonds and stock who say they were misled by the bank's company disclosure
HSBC is facing criminal charges in Argentina that could lead to substantial fines for the troubled bank.
Rio Tinto plans to go ahead with expansion plans despite concerns on falling iron ore prices.
Qatar Investment Authority reported to be looking to invest in the British retailer.
Eurozone rescue package for Cyprus calls for unprecedented €5.8bn levy on savers.
Airbus' deal with Indonesia's Lion Air brings in focus the competition between global aircraft makers.
China is getting tougher on manufacturers that deliver poor after sales service, and VW and Apple are in the spotlight.
BP claims that the court-appointed administrator of settlements is exposing the firm to further losses by allowing fictitious claims.
Sony looks to recover from four straight yearly losses with the sale of its New York City headquarters.
Emails show Bruno Iksil, the so-called "London Whale", grew concerned with management's efforts to stem losses at the chief investment office
Boeing incorporates additional safety features in the battery system to make it reliable.
Shell not permitted to drill until its operations are overhauled to meet harsh Arctic conditions.
Lloyds Banking Group’s job cuts are in line with CEO Antonio Horta-Osorio's strategy to slash headcount by 15,000 by 2014.
Swiss bank reduces bonus pool by 7% on 2011 but still pays out sums equivalent to net loss for 2012.
Trinity Mirror posts decline in 2012 profits and revenue partly due to competition from rival Sun on Sunday.
Home Retail's Argos division benefits from increased sales of consumer electronics, white goods and core electricals.
