Tony hayward

LONDON - European stock markets mostly rose Tuesday as investors warmed to another batch of better than expected earnings and economic data from Germany, while the euro pushed briefly above the $1.30 mark once again.

LONDON - Greenpeace activists protesting British Petroleum's (BP) "reckless" oil pursuit, shut down 50 petrol filling stations in central London Tuesday morning.

LONDON - Oil giant BP Tuesday announced a record quarterly loss of $17.1 billion as a direct result of the Gulf of Mexico oil spill and said its embattled chief executive, Tony Hayward, would be leaving the company on Oct 1.

LONDON - BP is jettisoning CEO Tony Hayward, whose verbal blunders made the oil giant's image even worse as it struggled to contain the Gulf oil spill, and will assign him to a key job in Russia, a person familiar with the matter said Monday.

GULF OF MEXICO (GaeaTimes.com)- If the recent declaration made by the British Petroleum that it has decided to set aside $20 billion to help the gulf people affected by the spill made the gulf residents feel that the company is at last seriously trying to help them then the latest action of the Chief Executive officer Tony Hayward has left them fall back upon their old idea.