BP hikes dividend as profits rise

Shares in BP soared by more than 4 per cent yesterday after the oil giant unveiled a better-than-expected third-quarter profit and hiked its dividend by 12.5 per cent to $0.09.

Tom Bawden: Relief at end of TNK-BP relationship from which both partners were desperate to escape

Anyone who has been following the TNK-BP Russian joint venture can only conclude that the two partners desperately needed a divorce.

Rosneft offers BP $28bn for its half of Russian venture

Rosneft circled in on TNK-BP yesterday as the state-owned oil giant tabled a bid of about $28bn (£17.5bn) for BP's half of the Russian joint venture – just two days after offering the same amount for the other 50 per cent.

BP receives $28bn offer from Rosneft for Russian venture

State-controlled oil giant makes bid to take over TNK-BP

Rosneft's TNK-BP takeover set to create biggest oil firm

Rosneft was on course to buy both halves of the TNK-BP Russian joint venture for an estimated $56bn (£35bn) last night after holding audacious overlapping takeover talks with the owners, BP and the AAR consortium.

Rosneft takeover of TNK-BP set to create biggest oil firm

BP to get stake in Russian giant with access to massive oil reserves in Arctic

Editorial: What would Shakespeare make of the protests?

But who comes here? Is this an oil company I see before me? Marry, it is. No less than global multinational BP, sponsoring Shakespeare in Stratford-upon-Avon. And who comes hither, yon rabble of disaffected youth? Are they now mounting upon the very Stratford stage, where actors strut and fret, amidst a great caterwauling?

The still small voice of the comms expert

A majority of FTSE 100 firms still do not have a communications expert on their executive board.

Convention Diary: Minding manners around (hot) microphones

It's tricky being a reporter in Tampa if part of your job is keeping your own biases under wraps, particularly so in the age of Twitter, a repository for all our cheers or jeers as successive speakers take the stage. But some things should not be said, ever.

Hurricane Isaac: New Orleans battered by powerful winds as torrential rain brings heavy flooding to the city's suburbs

New Orleans was battered by powerful winds and torrential rain today, as Hurricane Isaac tore across the Gulf Coast, bringing storm damage and heavy flooding to under-protected suburbs of the City.

Tropical Storm Isaac threatens Republican Party convention

Emergency personnel in Florida rushed yesterday to finalise contingency plans to postpone or relocate next week's Republican Party convention in Tampa, should the area be lashed by Tropical Storm Isaac.

Business week in review

In profit ...

BP to sell American refinery

BP continued its giant sell-off after agreeing to dispose of its Carson refinery in California to America's Tesoro for $2.5bn (£1.6bn) yesterday.

Refinery sell-off raises $2.5bn towards BP's Gulf of Mexico spill bill

BP continued its giant sell-off after agreeing to dispose of its Carson refinery in California to America's Tesoro for $2.5bn (£1.6bn) yesterday.

Scorched earth: The River Platte, near Yuta, Nebraska, last week

Heatwave turns America's waterways into rivers of death

Falling water levels are killing fish and harming exports

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue