Exclusive: BP’s Looney halves top management roles in energy transition plan
BP is more than halving the size of its senior management team as part of Chief Executive Bernard Looney’s drive to make the 111-year-old oil...
Unemployment rose in all 50 U.S. states in April: Labor Department’s BLS
Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus...
Exclusive: Pentagon halts rare earths funding for Lynas, MP Materials – sources, document
The U.S. Department of Defense last month reversed its decision to fund two projects to process rare earth minerals for military weapons, one of which...
Breakingviews TV: Luxury spend
European stores are reopening, and more bling is being sold in mainland China, Burberry and peers say. But purchases by tourists won’t rebound at once...
Polish president’s lead in polls narrows sharply ahead of election
Conservative Polish President Andrzej Duda has seen his lead narrow sharply ahead of an election expected to take place in coming weeks, opinion polls have...
GM delays resumption of second shift at three North American truck plants: source
General Motors Co is delaying the resumption of second shifts at truck assembly plants in Michigan, Indiana and Mexico because of a lack of parts...
Deere signals recovery as U.S. farmers to benefit from relief program
Deere & Co on Friday topped quarterly sales and profit estimates and forecast a smaller-than-expected fall in farm equipment sales for the year, signaling a...
Take Five: Coronavirus vaccine race is on
U.S. President Donald Trump has put his faith in anti-malarial drug hydroxychloroquine to ward off COVID-19, but governments and investors are focusing on a vaccine....
Pakistani PIA plane carrying 99 crashes in Karachi, many feared dead
An Airbus plane with 99 on board crashed into a residential area of the Pakistani city of Karachi on Friday while on approach to the...
Iran lauds arms supply to Palestinians against ‘tumor’ Israel
Iran’s Supreme Leader on Friday denounced Israel as a “tumor” to be removed and hailed Tehran’s supply of arms to Palestinians, drawing swift condemnation from...