The settlement is significantly higher than a previously announced deal in which BP was set to pay USD 18.7 billion to resolve claims from US government entities.
Posts tagged MC
BP to pay record $20.8 bln over Gulf of Mexico oil spill (06-10-2015)
Bull’s Eye: Buy JK Tyre, NIIT, Adani Power, Punj Lloyd (06-10-2015)
Manish Sharma of Destimoney Securities is of the view that one may sell Federal Bank with a target of Rs 61.
Wall Street rises as investors eye rate hike delay, oil up (06-10-2015)
The Dow Jones industrial average rose 304.06 points, or 1.85 percent, to 16,776.43, the SP 500 gained 35.69 points, or 1.83 percent, to 1,987.05 and the Nasdaq Composite added 73.49 points, or 1.56 percent, to 4,781.26.
TPP deal, US rally lifts Asian stocks (06-10-2015)
Asian equities extended gains into a second session on Tuesday following another US rally, while investors also kept an eye on the region’s central banks. Markets in China remain closed until Wednesday for National Day holidays.
Nifty likely to open above 8200 on strong global cues (06-10-2015)
The Indian market started trade on a strong footing and it is likely to continue the same today. The SGX Nifty, an indicator of the market opening, was trading at 8206, up 66 points at 7:15 hours.
Nifty may open trade in 8200 range on strong global cues (06-10-2015)
The Indian market started trade on a strong footing and it is likely to continue the same today. The SGX Nifty, an indicator of the market opening, was trading at 8206, up 66 points at 7:15 hours.
Jack Dorsey to continue as permanent CEO at Twitter (05-10-2015)
Twitter today said its co-founder and Chairman Jack Dorsey will continue as the chief executive at the microblogging site.
OECD’s new global tax standards its impact on Indian Cos (05-10-2015)
This BEPS report will have a far-reaching impact on tax policies of countries and hence taxation of corporations.
Mumbai Metro Corp to start work on phase 3 by January 2016 (05-10-2015)
In order to reduce delays and to fast track the remaining phases, the MMRDA has broken up the planned 33.5 km route into 7 packages, which have been awarded to different companies and consortiums.
RBI initiates corrective action on Indian Overseas Bank (05-10-2015)
Under RBI rules a prompt corrective action is triggered if a lender sees its capital base eroding, a sharp jump in bad loan ratios or its return on assets dropping below 0.25 percent.