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The British oil giant’s revenue declined by 9.5% to $359 billion last year, as price volatility proved to be a drag on the energy industry. BP’s profits also plummeted to $3.8 billion after doubling to $23.4 billion the previous year. BP chair Carl-Henric Svanberg reflected on 2015 by saying his company started the year confidently only to end it “with significant uncertainties.” At least one uncertainty became more clear recently with the nearly $19 billion settlement of claims arising from the 2010 Gulf of Mexico oil spill. Though the black eye BP suffered as a result of that accident isn’t going away anytime soon.
Read more : http://top500.company/en/top-500-companies/bp.html
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New study pegs cost of terrorism in 2014 higher than 9/11. Terrorism exacts an enormous toll on the global economy.

Last year was the worst of all in terms of lives lost, damage incurred, and countries affected, according to a new report by the Institute for Economics and Peace, a think tank based in Sydney, Australia.

Read more : http://top500.company/en/business-news/the-cost-of-terrorism-is-higher-than-ever-before.html
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At first glance, the latest jobs figures look curious. The economy is creating plenty of jobs. Unemployment is falling. The proportion of people in work has never been higher. These are precisely the conditions in which to expect upward pressure on wages.
Read more : http://top500.company/en/business-news/uk-employment-gains-unlikely-to-trigger-rate-rise.html
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There hasn’t been a stronger leader in China since the reformer Deng Xiaoping—or maybe the revolutionary Mao Zedong. Xi Jinping shares traits with both. He has consolidated power; fired, fined, or jailed a quarter of a million cadres in his massive corruption purge; and cracked down on dissidents. He’s also behind China’s robust nationalistic message directed at world powers
Read more : http://top500.company/en/leadership/xi-jinping.html
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Narendra Modi rode to victory in elections last year on a wave of economic dissatisfaction. But while many reformers before him have talked a good game, Modi has actually begun to deliver on his promises—making genuine progress in his efforts to make India more business-friendly and less regulated, addressing violence against women, improving sanitation, and patching up relations with other Asian countries and the U.S. 
Read more : http://top500.company/en/leadership/narendra-modi.html
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