BP expects to pay up to 1 billion pounds in UK taxes in 2022

BP expects to pay up to 1 billion pounds ($1.25 billion)in taxes in Britain on its 2022 profits, it said on Tuesday reporting its highest profit in over a decade.

newspaper

03-05-2022

Portugal's Galp quarterly profit rises six-fold on soaring crude prices

Portuguese oil and gas company Galp Energia on Tuesday reported a six-fold rise in adjusted first-quarter profit, boosted by soaring global crude prices and higher production.

newspaper

03-05-2022

Startups apply artificial intelligence to supply chain disruptions

Over the last two years a series of unexpected events has scrambled global supply chains. Coronavirus, war in Ukraine, Brexit and a container ship wedged in the Suez Canal have combined to delay deliveries of everything from bicycles to pet food.

newspaper

03-05-2022

BMW, Mercedes-Benz to sell car-sharing joint venture to Stellantis

BMW and Mercedes-Benz are selling their car-sharing joint venture Share Now to Stellantis for an undisclosed sum, they said on Tuesday, instead focusing on the more promising software leg of their mobility alliance.

newspaper

03-05-2022

Musk says he wants to boost Twitter use from 'niche' to most Americans

Tesla Inc Chief Executive Elon Musk said on Monday he wants to expand the reach of Twitter beyond the current "niche" until most Americans use the social media platform.

newspaper

03-05-2022

Alibaba stock falls, then recovers, after state media report

Alibaba shares fell as much as 9% on Tuesday after a state media report that Chinese authorities had taken action against an individual surnamed Ma, but recouped losses after those reports were revised to make clear it was not the company's founder.

newspaper

03-05-2022

The Machiavellian way: How 'The Prince' can help women at work

When it comes to the status of women in the workplace, there are decades of talk and not enough action. The gender pay gap is still enormous, and CEOs are still overwhelmingly male, as are corporate boards.

newspaper

03-05-2022

Citi behind trade that caused brief European share plunge -sources, Citi

LONDON (Reuters) -The sudden fall in European shares driven by a brief crash in Nordic markets was caused by a single sell order trade by Citigroup Inc, people familiar with the matter told Reuters, and confirmed by Citi.

newspaper

03-05-2022

Citigroup acknowledges trader error in sudden fall of European shares

Citigroup Inc acknowledged late on Monday that one of its traders made an error in the sudden fall of European shares early in the day.

newspaper

03-05-2022