Nomura now anticipates the Federal Reserve will hold interest rates steady in December, reversing its prior expectation of a cut. This shif...

The US dollar remained stable as investors awaited key inflation data. These reports will influence the Federal Reserve's interest rate dec...

Standard Chartered anticipates a significant 50 basis point interest rate cut by the U.S. Federal Reserve at its September 17 meeting. This...

Oil and gas company layoffs 2025: Global oil and gas firms plan more job cuts in 2025. This follows reductions last year due to falling oil...

Donald Trump has slammed that cut as politically motivated given the proximity to the November presidential election.

BP will reduce its workforce by around 4,700 staff and cut 3,000 contractor positions as part of CEO Murray Auchincloss' cost-cutting plan....

The dollar reached a two-week high against the euro on Monday as traders adjusted expectations for Federal Reserve policy. With inflation s...

Rising inflation and the war in Ukraine have led European companies to freeze hiring or cut jobs. Key organizations such as TSB, PKP Cargo,...

The dollar hit its lowest levels against the euro and sterling in over a year due to a dovish Federal Reserve and weak U.S. job market data...

Chief Executive Bernard Looney, who is overseeing a transition away from crude oil and toward greener energy, revealed the share award sche...

The oil major announced plans in June to lay off almost 15% its 70,000-strong workforce as part of Chief Executive Bernard Looney's plan to...

Bernard Looney told employees in a global online town hall call that the London-based company will cut 10,000 jobs from the current 70,100,...

In May , UK's BP sold 11.5% stake in the lubricant maker to reduce its holding in the company from 70.9% to 59.4% for about Rs 2,072 crore.

In May UK's BP sold 11.5% stake in the lubricant maker to reduce its holding in the company from 70.92% to 59.42% for about Rs 2072 crore.

"We will be here for a very long time. We realize this is just the beginning", says BP CEO Tony Hayward. Operation oil spill | oil spill | ...

BP is planning cut 600 jobs in Germany, the local head of BP told the WAZ daily in an interview published on Wednesday, as the British oil ...

British energy giant BP, fresh from unveiling an 83-per cent jump in third-quarter net profits, is planning to cut more jobs than previousl...