Author: Euronews

BP’s net profit for the first quarter saw a further decline owing to weakened oil and gas prices. Despite this, the oil giant has reaffirmed its commitment to the share buyback plan of $3.5 billion in the first half of the year. ADVERTISEMENTBP reported first-quarter earnings that fell short of market expectations, primarily due to weakened oil and gas prices impacting its profit margin. The British energy giant maintained the share buyback plan of $3.5 billion in the first half of the year, with $1.75 billion completed in May of 2024. Furthermore, it announced a dividend payout of 7.27 cents…

Diplomats agreed the controversial plans at a meeting today – but some say they don’t go far enough. Source link

A stronger operational performance and less major-loss expenses than previously thought contributed to Munich Re’s latest financial results. Source link

The prospect of an Israeli offensive in Rafah, where hundreds of thousands are sheltering, has sparked outrage around the world. Source link

According to a new study, migration to the UK is putting pressure on housing, public services, and infrastructure. However, other countries take a different stance with many viewing migration as beneficial for their economies. Source link

Western battlefield weapons are still reaching Moscow, a study by Bruegel and the Kyiv School of Economics Institute found – but banks are wary of taking responsibility for monitoring the arms supply chain. Source link

Belgian drinks company Anheuser-Busch Inbev meets quarterly revenue forecasts but fails to fully recover from last year’s backlash. Source link

A new global study has found that dissatisfaction with democracy is deepening in parts of Europe, where governments are not living up to the democratic expectations of their citizens. Source link

BMW’s most recent first-quarter report highlights a decline in profits; however, electric car sales continue to show strength. Euronews investigates which European regions are experiencing significant growth. Source link

The last year has seen rising tensions on the island of Ireland over how to accommodate immigrants as the far right increasingly exploits the issue. ADVERTISEMENTHundreds of protesters marched through Dublin city centre holding signs against immigration into Ireland. They were met by a small counter protest, with police officers blocking the two groups as they exchanged chants.The march, which began just after 2.30pm, was comprised of protesters wearing Irish flags and chanting “our streets”.The demonstration took 45 minutes to pass through the streets of the Irish capital, causing traffic disruption.The protest is the latest in a series of increasingly conspicuous…