BP boosts dividend by 10 in sign of confidence To repurchase more shares Increases spending on oil and gas and renewables Expects to produce more oil and gas for longer LONDON, Feb 7 Reuters BP on Tuesday reported a record profit of 28 billion for 2022 while boosting its dividend in a sign of confidence as […]

Q4 net profit down 6.7, below Refinitiv consensus Confident on risk management, raises 2025 targets Plans 5 bln euros worth of share buybacks in 2023 Shares down by more than 1 PARIS, Feb 7 Reuters Shares in BNP Paribas fluctuated between red and green territory in early trading on Tuesday after the euro zone39;s biggest bank […]

Feb 6 Reuters The New York Stock Exchange NYSE on Monday said it plans to reimburse investors who incurred losses due to a trading glitch last month that caused widespread confusion and resulted in thousands of trades being nullified. NYSE members had submitted compensation claims for losses, and the exchange could potentially face additional claims […]

BEIJING, Feb 7 Reuters China39;s Baidu Inc said on Tuesday it would complete internal testing of a ChatGPTstyle project called Ernie Bot in March, joining a global race as interest in generative artificial intelligence AI gathers steam. Erniemeaning Enhanced Representation through Knowledge Integration, is a large AIpowered language model introduced in 2019, Baidu said. It has […]

Feb 6 Reuters Bed Bath Beyond Inc said on Monday it was planning to raise some 1 billion through an offering of preferred stock and warrants in a lastditch effort to stave off bankruptcy. The home goods retailer said in securities filings that if it can39;t complete the complex transaction, it would likely file for bankruptcy […]

Net loss in Q1 widened to 598 mln euros Shares fall 2.3 in premarket trade Plans to raise up to 1.5 bln euros to help fund Gamesa takeover FRANKFURTDUESSELDORF, Feb 7 Reuters Siemens Energy said on Tuesday its net loss more than doubled in the first quarter, blaming charges related to quality issues at Siemens Gamesa which […]