BP Flags $3 Billion to $4.5 Billion in Impairments
BP flagged another $3 billion to $4.5 billion of impairments, analyst Biraj Borkhataria writes. Combined with prior write-downs, charges total nearly $10 billion.
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LIVE MARKETS — Europe before the bell: steady — ish
(Adds blog post) Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at Europe Before The Bell: Steady-ish The start to Europe's trading day is looking like it could be a somewhat mixed, but broadly steady, after a slide in Asian stocks overnigh
UPDATE 1 — BP flags $3 — 4.5 billion in impairments for third quarter
(Adds details from paragraph 2) By Stephanie Kelly and Shadia Nasralla LONDON, Oct 13 (Reuters) — BP expects to report $3 billion to $4.5 billion of impairments in its third quarter results, relating to its gas and low-carbon energy segment, the oil major said on Tuesday. This is the second time in a year that the Brit