Black British Business Awards announce 2020 finalists

BP lower its dividend for the 1st time in a ten years and reported a big quarterly decline as the coronavirus pandemic compelled it to compose down the worth of assets.

The strength large said its second-quarter dividend would halve to five.25 cents a share, as opposed to ten.five cents in the 1st quarter. It customarily generates the largest dividend payment amid the major blue chip FTSE 100 providers.

BP also declared it missing $sixteen.eight billion in the second quarter, included a net submit-tax charge of $ten.nine billion for non-operating products. On an adjusted foundation, it missing $six.7 billion as opposed with a $two.eight billion earnings a yr back.

“These headline effects have been pushed by an additional very tough quarter,” CEO Bernard Looney said in a information launch. In particular, he extra, “our reset of long-expression rate assumptions and the related impairment and exploration compose-off rates experienced a major

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BP lower its dividend for the 1st time in a ten years and reported a big quarterly decline as the coronavirus pandemic compelled it to compose down the worth of assets.

The strength large said its second-quarter dividend would halve to five.25 cents a share, as opposed to ten.five cents in the 1st quarter. It customarily generates the largest dividend payment amid the major blue chip FTSE 100 providers.

BP also declared it missing $sixteen.eight billion in the second quarter, included a net submit-tax charge of $ten.nine billion for non-operating products. On an adjusted foundation, it missing $six.7 billion as opposed with a $two.eight billion earnings a yr back.

“These headline effects have been pushed by an additional very tough quarter,” CEO Bernard Looney said in a information launch. In particular, he extra, “our reset of long-expression rate assumptions and the related impairment and exploration compose-off rates experienced a major

Read More
Posted on 1 week ago

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BP lower its dividend for the 1st time in a ten years and reported a big quarterly decline as the coronavirus pandemic compelled it to compose down the worth of assets.

The strength large said its second-quarter dividend would halve to five.25 cents a share, as opposed to ten.five cents in the 1st quarter. It customarily generates the largest dividend payment amid the major blue chip FTSE 100 providers.

BP also declared it missing $sixteen.eight billion in the second quarter, included a net submit-tax charge of $ten.nine billion for non-operating products. On an adjusted foundation, it missing $six.7 billion as opposed with a $two.eight billion earnings a yr back.

“These headline effects have been pushed by an additional very tough quarter,” CEO Bernard Looney said in a information launch. In particular, he extra, “our reset of long-expression rate assumptions and the related impairment and exploration compose-off rates experienced a major

Read More
Posted on 1 week ago

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BP lower its dividend for the 1st time in a ten years and reported a big quarterly decline as the coronavirus pandemic compelled it to compose down the worth of assets.

The strength large said its second-quarter dividend would halve to five.25 cents a share, as opposed to ten.five cents in the 1st quarter. It customarily generates the largest dividend payment amid the major blue chip FTSE 100 providers.

BP also declared it missing $sixteen.eight billion in the second quarter, included a net submit-tax charge of $ten.nine billion for non-operating products. On an adjusted foundation, it missing $six.7 billion as opposed with a $two.eight billion earnings a yr back.

“These headline effects have been pushed by an additional very tough quarter,” CEO Bernard Looney said in a information launch. In particular, he extra, “our reset of long-expression rate assumptions and the related impairment and exploration compose-off rates experienced a major

Read More
Posted on 1 week ago

Chinese Hackers Indicted on 11 Counts, Including Attack on British AI Firm

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Duo helped steal “terabytes” of facts from high technological know-how firms

Two Chinese hackers have been indicted right now by the US Section of Justice (DOJ) for a prolific, eleven-yr international campaign that allegedly observed them steal program supply code, weapons style product and pharmaceutical intellectual property.

Starting in September 2009, through to July 2020, the two allegedly stole “terabytes” of sensitive facts. Amongst their most recent alleged international victims: an unnamed British isles “Artificial Intelligence and cancer investigate firm”, dubbed “Victim 25”.

The eleven-count indictment alleges that LI Xiaoyu (李啸宇), 34, and DONG Jiazhi (董家志), 33 hacked a range of technological know-how industries in the British isles, US, Australia, Belgium, Germany, Japan, Lithuania, the Netherlands, Spain, South Korea and Sweden.

chinese hackers indictedThe two, who went to the same university, exploited recognized program vulnerabilities in well-liked web server program, web application development suites, and program collaboration packages.

See

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