Oil major BP plans 15% job cuts

Source: Dukascopy Bank SA
The oil major BP is planning to cut around 15% of the company's workforce due to the COVID-19 crisis and its CEO Bernard Looney's intention to shift the gas and oil giant to renewable energy.
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Mon, 08 Jun 2020 16:43:23 GMT

Tesla China sells over 11K Model 3 cars in May

Tesla, the US electric car maker, reported it had sold 11,095 China-made Model 3 vehicles in May, marking more than triple April's volume, according to the CPCA.

Mon, 08 Jun 2020 15:02:05 GMT

PG&E to raise $5.75B in equities to exit bankruptcy

On Monday, US power provider PG&E announced its plans to attract $5.75B from public offerings, seeking to exit the bankruptcy by this month's end.

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