Rally in tech stocks but shares little changed overall
Traders are navigating lighter volumes at the start of a holiday-shortened week
BP
Albert Manifold is shaking things up at BP
Green ambitions are giving way to a tougher, US-style oil-and-gas-first agenda
Circle K’s Ciara Foxton: ‘The grid isn’t strong enough’ for EV charging in all areas
Circle K MD talks about not being able to get some service stations connected to the grid, building big and serving up healthier food options in-store
Global shares jump as markets cheer US inflation surprise
ECB opted to keep rates unchanged but offered more positive commentary on euro area economy
BP replaces CEO after less than two years
Move comes weeks after former CRH boss Albert Manifold became chairman
Shares muted as investors digest US jobs data
European defence stocks dip amid hopes for Ukraine peace deal
Stocks gain as investors cheer delayed US economic data
S&P 500 rises to a hair below October’s record
Amazon deal lifts tech stocks as Wall Street rally fizzles
Ryanair lifts Iseq index after reporting record second quarter performance
French political turmoil drags down European stocks
US shares surge, propelled by AMD’s mega deal with OpenAI
Nestlé joins global trend of ousting chief executives for romance
Chief executives are on notice that what begins as personal can swiftly become very public
Global stocks rally stalls while US bond yields rise
European shares touch two-week highs despite dip in momentum
Can former building giant CRH boss Albert Manifold bring clarity to struggling BP?
It comes as the energy giant struggles with debt, strategic confusion, and activist investor pressure
Albert Manifold will not indulge sacred cows or ‘box ticking’ as incoming BP chairman
Former CRH boss faces myriad of issues at UK oil major
Albert Manifold, Irish cement veteran hired to chair BP for pivot back to oil and gas
Muted market response to former CRH chief’s appointment belies reputation as ‘shrewd operator’ and ‘man on a mission’
BP appoints Irishman Albert Manifold as new chairman
Former CRH chief executive to succeed Helge Lund as chair of the UK oil major
BP offloads US onshore wind business as it pivots back to oil
Sale to LS Power is part of plan to generate $20bn from divestments
Shell denies takeover talk, but BP’s woes persist
BP is in play, even if Shell doesn’t plan on buying it
Global shares little changed after UK market rout
Unexpectedly weak US jobs reports adds to atmosphere of caution
European shares hit one-month low amid rising Middle East tensions
Shares of Kenmare Resources fell more than 20 per cent after it walked away from takeover talks
Global markets mixed ahead of key central bank meetings
Iseq index advances 0.5%, dragged higher by Ryanair and the main Irish banks
Weakening corporate climate pledges is a symptom of waning momentum
Recent high-profile corporate backtracking from climate commitments shows the fragility of pledges when attention and accountability drift
BP’s low-carbon team axed as company returns to oil and gas
Staff told it is not ‘commercially viable’ to keep unit dedicated to low-emissions vehicles
BP’s chief aims to more than double market value to $200bn
Murray Auchincloss predicts ‘tremendous’ demand for oil and gas beyond 2050
BP to slash renewables spending in pivot back to oil and gas
Shift follows pressure from activist hedge fund Elliott Management
BP to abandon pledge to cut oil and gas output as chief fights for group’s survival
Auchincloss must convince activist investor Elliott Management he can turn around troubled oil major
Big tech firms sought early meetings with Michael McGrath immediately after he took office as an EU commissioner
The best news, analysis and comment from The Irish Times business desk
BP’s future at stake as Elliott circles and the Telegraph mourns
Company’s pivot towards green energy under Bernard Looney certainly alienated investors
Safe, transparent, trustworthy AI? No thanks, say US and UK
Planet Business: Plastic straw update, Elon Musk’s 19-year-old Doge lieutenant and the latest in Gulf of America appeasement
Shares edge up as investors weigh Trump tariffs
Threat of 25% charge on steel imports hit some stocks
BP to drill new Gulf of Mexico oil field as profits beat forecasts
Oil major announces expansion plans and pledges to sustain pace of share buybacks
Irish Stock Exchange plans to woo start-ups
Seen & heard: US pressure on airport slots; Dave’s Hot Chicken eyes Ireland; a new Dublin brewery; and BP on peak oil
Bernard Looney plots Abu Dhabi comeback from BP scandal
Adnoc’s Sultan al-Jaber has discussed projects with ex-CEO following exit in disgrace from oil major
They’re tax efficient – but should you invest in trusts?
Investment trusts have historically appealed to investors seeking income as like other public companies they will often pay out dividends
BP toughens workplace intimacy rules in wake of Looney sacking
Oil major updates its conflicts of interest policy after dismissal of CEO over his failure to disclose past relationships to board
European stocks slip as US bond sales struggle amid concerns over Fed rate cuts
Iseq index falls 1.3% amid a large decline for Ryanair shares
Shares jump on positive earnings reports from European banks
Iseq index underperforms, adding just 0.3% amid slump in Ryanair shares
BP promises to cut costs as profit misses forecast
Oil major says it will trim $2bn of cash costs and announces another $1.75bn of share buybacks
US shares advance as markets eye Apple results
Iseq index outperforms its peers, adding 1.5% after positive updates from Smurfit Kappa and Glenveagh Homes
The E in Environmental, Social and Governance is fast becoming a dead letter
Wall Street giants and oil majors continue to roll back support for climate action
Leaving the London stock market won’t cure Shell’s share price woes
The LSE has already lost companies such as CRH, Flutter and Ferguson to the US market in recent times
Greenhouse gases: Major oil and gas companies still the main polluters since 2016 Paris Agreement to cut emissions
Climate change: Database update reveals 57 large multinationals are responsible for 80 per cent of emissions since 2016
Why more CFOs are becoming CEOs
Chief financial officers have been taking more responsibilities in everything from corporate strategy to sustainability
As more companies go quiet about greenness, many people are still distracted from the real issue
Social media content creators are hesitant about producing sustainability material due to the backlash risk
Global markets little changed as investors seek interest rate clues
Hotel group Dalata up 0.8% in Dublin as its share price climbed above pre-Covid levels for first time
Shares pause ahead of key central bank meetings
Paddy Power-owner Flutter surges on Wall Street debut
BP names Auchincloss as new CEO after Bernard Looney scandal
New boss replaces Irishman Bernard Looney forced out in September
Planet Business: A $1 billion mega-tour and other numbers of the year
From flight cancellation misery and forfeited pay to corporation tax hauls and obesity drug bonanzas, everything in 2023 had either a value or a cost
Escalating Houthi attacks making Red Sea a no-go area for shipping
Big firms are ordering their vessels to reroute around the tip of Africa as Yemen’s Houthis step up missile strikes in response to Israel’s military campaign in Gaza
BP memo denies Bernard Looney pay decision was ‘unduly harsh’
Oil major briefed leaders on fielding queries over £32.4m clawback from its ex-chief
ESRI cuts growth forecasts, Esprit’s plan for a 300-bedroom hotel in Dublin 2, and drones as a weapon of war
The best news, analysis and comment from The Irish Times business desk
Former BP boss, Irishman Bernard Looney, to forfeit £32.4m after ‘serious misconduct’
Oil group says it has ‘dismissed’ ex-chief for failing to disclose past relationships with colleagues
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Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
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