Hints and tips:
...The decision was made in November 2022, Beccari says — with the support of Bernard Arnault and his son, Alexandre, also a friend of Williams....
...Together they take on the love-hate relationship at the heart of George Bernard Shaw’s Mrs Warren’s Profession....
...No doubt Mr Looney wants to make good on plans to cut BP’s output by 40 per cent to 1.5m b/d in 2030 (not including Rosneft)....
...Tiffany, like some of its gems, has rarity value — there is no Plan B acquisition that would match it. Besides, Mr Arnault can afford some perspective....
...Mr Casimiro said....
...These days, BP seems to describe its every move as part of chief executive Bernard Looney’s plan to transform the company....
...Also out this morning are results from one non-high street retailer on a roll: discounter B&M....
...The headteachers of which fictional school have included Mr Llewellyn, Mr CJ Humphries and Mrs Bridget McCluskey?...
...US production has bounced back from sub-10m barrels a day to around 11m b/d....
...“With the current state of the high-yield bond market it’s a big nut to digest,” said Mr Norris of a Walgreens deal. “They will have to come up with some innovative financing.”...
...Mr Garnier — whose purchase came on the same day new chief financial officer Bernard Bot bought a further £104,000 of shares — has his work cut out to turn around the group’s fortunes....
...Brian Gilvary, the UK oil major’s chief financial officer, said 300,000-500,000 barrels a day were at risk this year — a big chunk of 1.2m b/d growth initially expected by the company and global energy agencies...
...In the UK and Ireland, B&Q sales fell 3.4 per cent while trade-focused Screwfix saw sales rise 3.7 per cent, having been up by 5.1 per cent at the half year....
...Bernard Looney, BP’s chief executive since January, has staked his tenure on a promise to set the company on a path to “net zero” emissions....
...“From the first moment that I saw the beautiful gem table of Mr [Paolo] Bulgari, I felt like a kid in a toy store,” recalls Silvestri....
...Mr Riahi disagreed with the plan, say people familiar with his thinking, which was supported by Laurent Mignon, who heads BPCE....
...for a Plan B within a “few weeks”....
...Regardless of whether Mr Jordan’s look has mass appeal, LVMH will remain in fashion with shareholders....
...Opec estimated that the world would need 31.4m b/d of its oil next year, down 2.1m b/d from 2017, principally as a result of surging production from US shale....
...“This is a paradigm shift under way now,” says Mr Bellamy. Maps: Steve Bernard...
...d and the non-Opec countries by 400,000 b/d....
...Mr Looney said BP would sell its holding in the Greater Kuparuk Area, which had average production of around 108,000 b/d in 2017 through the namesake oilfield and several satellite ones, in order to focus...
...By the time he left office, that had risen 72 per cent to 8.8m b/d. Chart of the week This is from a piece that I wrote this week....
...The 800,000 b/d that BP is planning to bring on stream between 2016 and 2020 is expected by the company to deliver an average cash margin 35 per cent higher than previous output....
...There’s no Plan B.”...
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