BP profits hammered by lower energy prices
BP said its underlying replacement cost profit - its preferred measure - totalled £2.2billion in the opening three months of 2024, compared to £4billion last year.
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BP said its underlying replacement cost profit - its preferred measure - totalled £2.2billion in the opening three months of 2024, compared to £4billion last year.
Analysts said the bid needs to be more than £40bn to tempt Anglo to accept the deal. A bidding war could push the valuation higher.
Analysts said the bid needs to be more than £40bn to tempt Anglo to accept the deal. A bidding war could push the valuation higher.
Rolling coverage of the latest economic and financial news, as FTSE 100 hits another record high as Anglo rebuffs BHP’s approach
The board of Anglo American, the majority owner of De Beers, has unanimously agreed to turn down a $39 billion all-stock buyout offer from mining giant BHP.