The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor ...

UK energy giant BP said it will cut more than 5% of its global workforce, as the company continues a plan to reduce costs as ...

bp is set to cut 4,700 jobs and 3,000 contractor roles, 5% of its staff, to help save the £1.6bn — and cost-cutting efforts are set to continue ...

The oil and gas industry spent more in 2024 than in any previous election. Now they want Trump to follow through on his pledge to "drill, baby, drill." ...

Confirming the job losses, the FTSE 100 company said the reduction in its workforce was down to cost cutting measures.

The oil giant, which announced the cuts in a staff memo, has about 90,000 workers globally and 14,000 in the UK.

U.K.-based oil company is cutting 4,700 jobs worldwide and a further 3,000 contractor roles as part of a cost-saving drive.

The loan guarantees are one of the final attempts by the outgoing Biden administration to encourage power companies to cut ...

Four of President-elect Trump's cabinet nominees, including Scott Bessent for Treasury Secretary, Doug Burgum for Interior ...

BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on ...

Hedge fund executive Scott Bessent will face a Senate confirmation hearing for Treasury secretary on Thursday, which could ...