The chief executive of BP has taken a £2.3m pay cut as profit was slashed at the FTSE 100 giant, it has been revealed.

The S&P 500 Index ( $SPX) ( SPY) on Friday closed up +2.13%, the Dow Jones Industrials Index ( $DOWI ) ( DIA) closed up +1.65%, and the Nasdaq 100 Index ( $IUXX) ( QQQ) closed up +2.49%. March E-mini ...

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BP’s under-fire chief executive was awarded no bonus from the company’s financial performance last year as his overall pay ...

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Former Disney/Pixar veteran Michael Agulnek has joined Sony Pictures as EVP Global Publicity, where he will report to Danielle Misher, Co-Head of Theatrical Marketing. In addition, Rose Phillips ...

Chevron is not alone. In January, BP began cutting around 4700 employees, around 5% of its workforce, and 3000 contractors – again to reduce costs. BP’s profits have fallen behind competitors such as ...