BP’s new chair signals further asset sales as he demands faster restructuring
Albert Manifold describes oil major’s global business as ‘overly complex’ in a letter to staff
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It’s zero hour for the zero-coupon convertible bond
Beyond Meat creditors face a painful restructuring, but at least they will finally receive an interest payment
Brussels backs Trump-style tariffs on cheap Chinese steel
New measures would protect industry, but some countries fear that curbing low-cost imports could drive up prices
UK accounting watchdog to ease its probes of audit firms
FRC’s proposals follow sustained complaints from the industry about lengthy investigations
Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls saw their biggest decline in two-and-a-half years during September, ADP said.
Investors embrace ‘cat’ bonds
Reinsurers fear extra issuance is leading to flighty capital