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File photo of BP Chief Executive Tony Hayward

To Russia with relief

Along with one of the biggest write-downs in British corporate history, BP announced on Tuesday 27 July 2010, that its Chief Executive Officer, Tony Hayward, is to step down on 01 October. He will be replaced as CEO by Executive Director and the company's current head of US operations, Robert Dudley.
A logo is seen at a BP fuel station in London

BP petrol stations closed by Greenpeace activists

Greenpeace protestors descended upon BP petrol stations bearing signs and placards today in response to the news that the energy group would be replacing its CEO Tony Hayward with Robert Dudley, following months of controversy and criticism over his response to the ecological disaster caused by the oil spill in the Gulf of Mexico.
BP CEO Tony Hayward testifies about BP oil spill in the Gulf at House Energy and Commerce Committee hearing on Capitol Hill in Washington

BP makes Q2 loss of $17 billion, CEO Tony Hayward will leave in October

Troubled energy giant BP has announced that it made a loss of over $17 billion in the second quarter of the year, thanks to the disastrous impact of the oil spill in the Gulf of Mexico, which started in April and has confirmed that CEO Tony Hayward will be stepping down in October.
File photo of the Boeing 787 Dreamliner on the tarmac at Boeing Field in Seattle Washington after its maiden flight

Boeing vs Boeing: The North-South Seattle rivalry

Once every two years, Farnborough, a town of 58,000 in the north-east corner of Hampshire, finds itself for a few summer days at the centre of world aviation attention when it hosts the Farnborough International Airshow and companies and their representatives gather to buy, sell and promote their wares and services.
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