Chess BP agrees to $20 billion spill fund and cuts dividend

WASHINGTON (Reuters) - Under intense pressure from U.S. President Barack Obama, BP Plc said on Wednesday it will set up a $20 billion fund for damage claims from its huge Gulf of Mexico oil spill, sell assets and suspend dividend payments to shareholders. So


Chess BP agrees to $20 billion spill fund, cuts dividend

WASHINGTON (Reuters) - Under intense pressure from President Barack Obama, BP Plc agreed on Wednesday to set up a $20 billion fund for damage claims from its huge Gulf of Mexico oil spill and suspended dividend payments to its shareholders. Source


Chess BP agrees to $20 billion spill fund

WASHINGTON (Reuters) - Under intense pressure from President Barack Obama, BP Plc agreed on Wednesday to set up a $20 billion fund for damage claims from its huge Gulf of Mexico oil spill and suspended dividend payments to its shareholders. Source


Chess BP cuts dividend and capex to pay for oil spill

LONDON (Reuters) - Oil giant BP said it would not pay three quarters of dividends, significantly reduce its investment program and sell $10 billion of assets to fund a planned $20 billion fund to pay for its Gulf of Mexico oil spill. Source


Chess Fairfield gearing up for $500m flotation

The bulk of the funds that would be raised is likely to be used for developing its Dunlin North Sea fields, with about $100m going toward exploration


Chess Small Business News: Trends, Tech and Tools

As the U.S. government passes legislation it claims will save small business, in the real world grassroots entrepreneurs focus on the tools, techniques and tech necessary to make their bottom line. Small business operation requires a multifaceted skill set. In this


Chess Uruguay Crush World Cup Hosts South Africa 3:0

The national team of Uruguay has defeated 3:0 the World Cup hosts from South Africa in the first match of the second round in Group A. After Diego Furlan scored in 24th minute, Uruguay was in the lead the entire match. He scored for the second time in the 80th min


Chess Reforming France: State of denial

Reactions to a modest plan to increase the retirement age show how hard reform is in FranceTHE French government’s long-awaited pension reform, which was announced on June 16th, turns out to be at once symbolically bold and yet ultimately disappointing. Under


Chess EC Puts Off Setting Bulgaria under Excessive Deficit Procedure

The European Commission has delayed the start of setting Bulgaria under the so called excessive deficit procedure as it expects new macroeconomic data from the country. This has been clarified by Amadeu Altafaj, Spokesperson for the EU Economy Commissioner Olli Re


Chess 20 Tips Your Small Business Can Use To Build Web Credibility

A web site is a must have for any small business in today’s digital age but to stand out among the crowd you need to build credibility. That is, you need to come across as a company that can be trusted to do business with. When your website visitors trust you, yo


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