BP PLC
Here are the European exporters most exposed if Trump’s Greenland tariffs kick in
U.S. President Donald Trump speaks to members of the press before boarding Marine One on the South Lawn of the White House on Jan. 16, 2026 in Washington, DC. Tom Brenner | Getty Images U.S. President Donald Trump has threatened a rising wave of tariffs on several European allies, raising the alarm for industries and […]
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How activist investors plan to take on Big Oil at the 2026 AGM season
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Dutch group Follow This on Wednesday launched a newly revised strategy to take on Big Oil at the upcoming proxy season, seeking to increase shareholder pressure on the financial sustainability of fossil […]
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European stocks hit record high as focus shifts to Greenland talks; BP warns of $5 billion impairment charge
The flags of Denmark, left, and Greenland fly side-by-side outside Hotel Soma in Ilulissat, Greenland, on Monday, Jan. 12, 2026. Juliette Pavy | Bloomberg | Getty Images LONDON — European stocks opened in broadly positive territory on Wednesday as investors in the region focus on an upcoming meeting between U.S., Greenlandic and Danish officials to […]
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Big Tech is poaching energy talent to fuel its AI ambitions
Big Tech has been on an energy hiring spree. Technology companies investing heavily in artificial intelligence are bolstering their workforce with energy experts as they look to overcome the biggest bottleneck in scaling AI: access to power. Energy-related hiring jumped 34% year-on-year in 2024, according to data compiled by Workforce.ai for CNBC. Last year’s hiring […]
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European markets in positive territory; Greenland remains in focus
LONDON — European markets opened in positive territory on Friday. The pan-European Stoxx 600 was up 0.37% at 8:30 a.m. in London (3:30 a.m. ET), with major regional bourses and most sectors in the green. It was confirmed Friday morning that British mining firm Rio Tinto was in preliminary talks to acquire Swiss firm Glencore, […]
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European defense stocks extend rally amid geopolitical tensions; Leonardo, Renk jump 4%
LONDON — European stocks were in negative territory at the opening bell on Thursday as market nerves linger over U.S. President Donald Trump’s threat to annex Greenland. The pan-European Stoxx 600 was last seen almost 0.3% lower. Global markets have been focused on rising geopolitical tensions this week after the U.S.’ deposing last weekend of […]
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CNBC’s UK Exchange newsletter: Is Britain back? Five things to watch for the U.K. in 2026
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch A new year brings with it optimism for the coming 12 months The main hope for the U.K. must be that 2026 proves to be better — for the economy, households and individual businesses — than […]
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Economy grows, chip tariff delay, new S&P 500 record and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Shop ’til you drop A person carries shopping bags during Black Friday shopping at Garden State Plaza on November 28, 2025 in Paramus, New Jersey. Eduardo Munoz […]
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Oil giant BP to sell 65% stake in $10 billion Castrol unit
Britain’s BP has agreed to sell a 65% shareholding in lubricants business Castrol to Stonepeak for $6 billion, months on from the oil giant seeking a buyer for the unit. The deal comes as the company looks to launch a strategic reset, including a green strategy U-turn and the divestment of $20 billion of assets […]
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BP has appointed its fourth CEO in 6 years – but will she be radically different?
Meg O’Neill, chief executive officer of Woodside Energy Group Ltd., attends the company’s annual general meeting in Perth, Australia on Thursday, May 8, 2025. Photographer: Matt Jelonek/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images BP is changing its CEO again, but not its direction. The appointment of Woodside Energy boss Meg O’Neill as […]
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