Tag Archives: BP

BP posts biggest ever annual loss, to cut 7,000 more jobs

BY KAROLIN SCHAPS AND RON BOUSSO

LONDON — Reuters:  BP slumped to its biggest annual loss last year and announced thousands more job cuts on Tuesday, showing that even one of the nimblest oil producers is struggling in the worst market downturn in over a decade.

Read more » The Globe and Mail
See more » http://www.theglobeandmail.com/report-on-business/international-business/european-business/bp-posts-worst-annual-loss-in-20-years-to-cut-7000-more-jobs/article28505561/