Shares in oil major BP fell today after the US' Environmental Protection Agency temporarily blocked it from bidding for new contracts in the US.
Oil giant BP is planning to spend up to £3.7bn in a share buyback, in an attempt to breathe new life into its flagging share price, according to reports.
BP has agreed to pay $4.5bn to settle charges related to the 2010 Deepwater Horizon disaster.
Mining stocks and oil giant BP provided a lift for London's FTSE 100 today as a huge storm hit the eastern United States, keeping Wall Street closed for a second day.
BP has raised its dividend by 12.5% to 9c a share, but reported a fall in profits in the third quarter.
One of the key positive aspects of equity investment is that you can buy and sell stakes in small and larger companies, safe in the knowledge prospective and existing owners of a business are being treated equally.
What should we do about Russia as an investment opportunity? Until recently, I have been incredibly negative about Russian equities, but I have largely been happy to let the numbers speak for themselves.
BP's shareholders have called for a cash payout to be made if the sale of its 50% stake in TNK-BP goes through, as talk it is poised to offload its holding imminently picks up.
Concentration risk in the UK equity income sector is a well-versed issue, but how can wealth managers find a way around the problem? Katie Holliday reports.
Bruce Stout, manager of Murray International Trust, examines how companies in Europe, Asia and Latin America are changing their attitudes towards equity income investors.