oil
UK
Invesco Perpetual head of investments Neil Woodford says it is 'reckless' to believe BP's $20bn compensation package will mark the end of the oil giant's worries.
21 June 2010
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Global
BP is trying to raise $50bn to cover the cost of the Gulf of Mexico disaster, while the oil giant is also preparing to sue a partner in the Deepwater Horizon rig.
21 June 2010
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1 min read
UK
Royal London has scaled back its UK earnings forecast, following the BP oil spill, though it believes UK equities look attractive over the longer term.
21 June 2010
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Investment Trusts
BlackRock's Sam Vecht is bullish about the long-term prospects for Russia, arguing there is more to the country's economy than oil.
21 June 2010
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Economics
Schroders' Income Maximiser fund has used its call writing strategy to obtain high yields from BP at a time when other equity income funds were hit by the oil giant cancelling its dividend.
21 June 2010
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2 min read
Europe
Russian President Dmitry Medvedev believes the Gulf of Mexico spill could lead to the "annihilation" of oil giant BP.
18 June 2010
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UK
Besieged BP chief Tony Hayward yesterday declared his "deep sorrow" over the Gulf of Mexico oil spill after US Congressman accused his company of "astonishing complacency" and of having a "cavalier attitude to risk".
18 June 2010
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2 min read
