How BP’s ‘sharp-elbowed’ chair lost patience with its chief executive
CEO Murray Auchincloss clashed repeatedly with Albert Manifold over strategy before his abrupt departure
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US regulator loosens some compliance burdens for Citigroup
Move may be a sign Wall Street bank has made progress in correcting compliance mis-steps of recent years
Ukraine seals restructuring of controversial growth-linked debt
Deal replaces $2.6bn of GDP warrants that had become a ‘serious fiscal risk’ for Kyiv, says finance minister
BP’s new broom has a lot of sweeping to do
On the face of it, this doesn’t look like a knockout hire — but the oil major needs a clean-up not a new vision
Former Tory donor hit with UK sanctions over alleged Russian energy role
Murtaza Lakhani is the highest-profile oil trader to have been targeted by western sanctions since 2022
November consumer prices rose at a 2.7% annual rate, lower than expected, delayed data shows
Economists polled by Dow Jones expected CPI to have risen 3.1% on an annualized basis.