BP reiterates long-term Russian strategy

BP reiterates long-term Russian strategy

Oil and gas group alert to threat to relationship and investment with Russian partner from international sanctions over clashes in Ukraine

Shipping tycoon's aide steps down

Shipping tycoon's aide steps down

Tor Olav Trøim's partnership with John Fredriksen set to end after he says he will quit his role at the group's main holding company

Companies fear Russian sanctions impact

Companies fear Russian sanctions impact

BP and Renault become the first major European groups to warn of the potential negative effect on their businesses from EU and US actions

Bank of Cyprus raises €1bn in share sale

Bank of Cyprus raises €1bn in share sale

US investor Wilbur Ross and EBRD to take part in fundraising only a year after lender was saved from collapse by international rescue deal

Orange cost-cutting efforts bear fruit

Orange cost-cutting efforts bear fruit

French telecoms group's earnings beat consensus forecasts, but operator pledges to maintain its focus on costs as it faces growing competition

Drugmakers juggle non-core assets

Drugmakers juggle non-core assets

Reckitt's planned spin-off of its pharmaceuticals unit highlights trend to split pharmaceuticals and consumer healthcare

Renault boosted by low-cost Dacia brand

Renault boosted by low-cost Dacia brand

French automaker's no-frills Romanian cars offset Russia weakness, helping the company to record a 25% rise in first-half earnings

BP: watch your steppe

BP: watch your steppe

The oil major has reported better upstream results, but what effect will Russian sanctions have on the company with a stake in Rosneft?
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