BP has said it expects to write down up to $5bn (£3.7bn) from its green and low-carbon energy businesses as it refocuses on fossil fuels under new chair Albert Manifold. The writedowns will mainly affect BP’s gas and transition businesses but are not expected to impact underlying profits when full-year results are reported in February. The move follows BP’s struggles to offload a stake in its solar arm Lightsource and the cancellation of hydrogen projects in the UK, Oman and Australia. Shares fell after BP also warned of weaker oil trading in the final quarter, echoing similar concerns from FTSE…
Author: Andrew Rogers
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
Diageo is reportedly exploring the sale of its Chinese assets as part of an early strategic review under new chief executive Dave Lewis. According to Bloomberg News, the Guinness and Johnnie Walker owner is working with Goldman Sachs and UBS to assess its operations in China, where sales have declined sharply. Diageo holds a majority stake in Sichuan Swellfun, a Shanghai-listed producer and distributor of baijiu, whose shares have fallen significantly over the past year. Lewis, who began the role in January after leading turnarounds at Tesco and Unilever, is known for aggressive cost-cutting and portfolio simplification. Diageo faces mounting…
Same-sex sexual behaviour among non-human primates may help reinforce social bonds and maintain group stability during environmental or social stress, according to new research. Writing in Nature Ecology & Evolution, scientists analysed reports across 59 primate species, including chimpanzees, Barbary macaques and mountain gorillas, finding the behaviour to be widespread. The study was co-authored by Prof Vincent Savolainen of Imperial College London, who said the findings could also shed light on early human behaviour, given shared evolutionary pressures. The researchers found same-sex sexual behaviour was more common in species living in harsh, dry environments with scarce resources and higher predation…
West Ham United edged past Queens Park Rangers after extra time to reach the FA Cup fourth round, easing pressure on manager Nuno Espírito Santo. The 2-1 win, West Ham’s first since early November, was far from convincing and underlined their struggles despite eventual progress. January signing Taty Castellanos proved decisive, heading in the winner after supplying energy and presence up front. Crysencio Summerville also impressed, scoring once and assisting the winner in one of his strongest performances for the club. QPR matched their Premier League opponents for long spells and forced extra time through Richard Kone’s equaliser, earning praise…
Chelsea began the Liam Rosenior era with a convincing 5-1 victory over Charlton Athletic to reach the FA Cup fourth round. Despite a controlled and dominant display from a rotated Chelsea side, the match was overshadowed by vocal protests from travelling supporters aimed at the club’s ownership. Chelsea took the lead through teenager Jorrel Hato before goals from Tosin Adarabioyo and Marc Guiu put them in command. A brief lapse allowed Miles Leaburn to pull one back for Charlton, but further strikes from Pedro Neto and Enzo Fernández sealed a comfortable win. Rosenior largely retained the tactical structure left by…
Bukayo Saka has agreed a new five-year contract with Arsenal that will make him one of the highest-paid players in the club’s history. The deal, which is expected to be confirmed soon, will run until 2031 and significantly increases Saka’s salary from his current contract signed in 2023. His new terms are understood to be worth more than £15m per season, placing him among Europe’s elite earners and reflecting his importance to the team. The England forward has been a priority renewal for Arsenal’s sporting director, Andrea Berta, following long-term deals agreed last year for Gabriel Magalhães, William Saliba, Ethan…
People who stop taking weight-loss jabs regain all the weight they lost in under two years, according to a major new analysis. The study, led by researchers at the University of Oxford and published in the BMJ, reviewed 37 studies involving more than 9,300 participants. Weight-loss drugs known as GLP-1 agonists help reduce appetite, but the analysis found weight returns rapidly once treatment ends. On average, people regained weight at a rate of 0.4kg per month, returning to their original weight within 1.7 years. Weight regain occurred almost four times faster than after behavioural programmes such as diet or exercise…
Nottingham Forest boosted their survival hopes with a dramatic late victory over West Ham United at a sparsely populated London Stadium. West Ham looked set for a vital win after taking the lead, but a disallowed goal early in the second half proved a turning point. Forest responded immediately through Nicolás Domínguez before capitalising on another defensive error. A clumsy punch from Alphonse Areola led to a VAR review and a late penalty, calmly converted by Morgan Gibbs-White in the 89th minute. The defeat leaves West Ham seven points adrift of Forest in 17th and winless in 10 matches under…
Manchester City will be without Rúben Dias for up to six weeks due to a hamstring injury. The setback deepens Pep Guardiola’s defensive crisis, with Josko Gvardiol also sidelined after surgery. City may enter the transfer market and are monitoring Marc Guéhi of Crystal Palace. Meanwhile, City are close to signing Antoine Semenyo from Bournemouth, having agreed to pay his £65m release clause, with a medical booked. The academy defender Max Alleyne has been recalled as City prepare for Brighton, with Guardiola expressing confidence his squad can cope despite limited options.
Novo Nordisk has launched the first GLP-1 weight-loss pill in the United States.The once-daily Wegovy pill is the only oral GLP-1 treatment currently on the market.It is priced far below injectable versions, accelerating competition across the sector.Cash-paying patients can access the starting dose for $149 per month.Higher doses will rise to between $199 and $299 monthly later this spring.Patients with insurance may pay as little as $25 per month.The pill is needle-free, potentially broadening appeal and improving adherence.Novo aims to regain market share after intense rivalry with Eli Lilly.The drug is available through major pharmacies including CVS and Costco.Regulatory approval…