logo
Shell Says It Isn't in Talks to Take Over Oil Rival BP

Shell Says It Isn't in Talks to Take Over Oil Rival BP

Bloomberg5 hours ago

Shell Plc denied a Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP Plc.
'This is further market speculation. No talks are taking place,' a Shell spokesperson said.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

European Retail Distress Has Overtaken Industrials, Real Estate
European Retail Distress Has Overtaken Industrials, Real Estate

Bloomberg

time27 minutes ago

  • Bloomberg

European Retail Distress Has Overtaken Industrials, Real Estate

Retail is now the most distressed sector in Europe, overtaking industrials and real estate companies, according to Weil, Gotshal & Manges ' latest measure of corporate distress in the region. Retail and consumer goods companies are suffering from weak discretionary spending, margin compression and tightening credit conditions, the report said, pushing distress to the highest level since the global financial crisis in 2009. The deterioration has been rapid, with retail jumping two spots among sectors in Weil's European Distress Index since the firm last published the report in April.

Starmer Seeks to Expand Service Exports in UK Trade Strategy
Starmer Seeks to Expand Service Exports in UK Trade Strategy

Bloomberg

time30 minutes ago

  • Bloomberg

Starmer Seeks to Expand Service Exports in UK Trade Strategy

The UK is seeking to increase the recognition of British professional certifications abroad, a move aimed at boosting the nation's service-sector exports by making it easier for highly skilled employees to work for clients overseas. Prime Minister Keir Starmer's government said on Wednesday that it wants to use trade deals to expand the acceptance of such professional accreditations outside the UK. That could open up new markets for UK firms engaged in law, accounting, and other highly regulated occupations by removing a major hurdle for their workers.

See how much NATO countries spend on defense and how that has changed
See how much NATO countries spend on defense and how that has changed

Washington Post

time35 minutes ago

  • Washington Post

See how much NATO countries spend on defense and how that has changed

As NATO's yearly summit concluded in The Hague on Wednesday, alliance leaders agreed to increase defense spending to 5 percent of national income across member countries by 2035. NATO Secretary General Mark Rutte heralded the hike as a 'quantum leap' for collective defense, expected to strengthen alliance members' ability to invest in new military hardware, cybersecurity and energy projects.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store