After two years of losses, bps set to reveal its making profits again thanks to the rise in the price of oil. And, can the thrill of the auction room be recreated online . We investigate the digital challenges for the likes of christies and sotherbys. Welcome to World Business report. Im sally bundock. Bps expected to say its been making a profit in recent months, drawing a line under years of painful cost cutting and transformation as it grappled with low oil prices. Using the oil giants preferred measure of underlying replacement cost profit, last year it made a loss of 2. 6 billion a 55 fall on the year before. The shift in the price of oil on Global Markets was the main reason why the white line shows you the slide. It bottomed out at 27. 88 a Barrel Injanuary 2016. The yellow line shows you bps share price during that time and the effects of the two year slump in the oil market as well as the cost of the Deepwater Horizon Disaster. This year bp plans to sell off around 4. 5 billio
I will be talking to the British Chambers Of Commerce about their manifesto. The sound of spring, but for how much longer . Wejoin the sound of spring, but for how much longer . We join the the sound of spring, but for how much longer . Wejoin The Dawn Patrol as they go in search of the nightingale. In sport a third Crucible Crown for mark selby. He fights back to Beatjohn Higgins and become only the fourth man in the modern era to successfully defend a world title. And carol has the weather. Good morning. Again today we are looking at a fair bit of cloud coming in across the east of the uk, accompanied a noticeable breeze. There will be a few showers, but for many of us it will be dry. There will be some sunny spells, the lions share of which will be again gcioss lions share of which will be again across the north west of the uk. I will have more details 15 minutes. Inis minutes. Good morning. First, our main story there has been further fallout from last weeks talks on brexit between
To his board. Police are searching for at least two people over the Fatal Shooting of a Marketing Executive who was killed in his dorset home. The german chancellor Angela Merkel will meet Vladimir Putin in her first visit to russia for two years. Also this hour. Dueting with britains favourite songbird. As they return from migration, folk singers welcome them back in the First National nightingale festival. And why marathon runner Paula Radcliffe could lose her world record under new proposals by European Athletics. Good morning. Welcome to bbc newsroom live. The labour Leaderjeremy Corbyn has said he is not posted offender the Home Secretary as she stated the wrong cost. This morning, diane abbott initially told Lbc The Policy would cost Three Hundred Thousand pounds, before correcting herself to about 80 million. Mr corbyn has said the policy will cost £300 million. Following developments from westminster is our assistant Political Editor, norman smith. Todayis today is meant to be
For 30 hours before being rescued at sea is recovering in hospital in belfast. The family of guy hedger, who was shot by intruders at his home in dorset, have paid tribute to him athletes like Paula Radcliffe could lose their World Records under proposals to rewrite the record books in an effort to improve credibility over doping. Ode to a nightingale. How singers are trying to save the endangered songbird. Coming up in the sport on bbc news, World Snooker champion mark selby admits he is at the peak of his powers as he becomes only the fourth modern player to retain his title at the crucible. Good afternoon and welcome to the bbc news at one. The labour leader, Jeremy Corbyn, has defended his Shadow Home Secretary after she appeared confused over the cost of the partys plans to put an 10,000 extra Police Officers on the streets. Mr corbyn insisted he wasnt embarrassed in the slightest by Diane Abbotts difficulties with the numbers for what is one of his flagship election policies. The
A bloody difficult woman. i said at the time, the next person to find that out will beJean Claude Juncker. That out will beJean Claude Juncker. The fight over Sanctuary Cities has stretched to salem massachusetts, town known for its witch trials at the end of the 17th century now navigating 21st century Immigration Policies under the trump administration. Why is donald trump spending so much time talking about americas seventh president , Andrew Jackson, and the American Civil War . Is history being revived or rewritten . North korea has accused the United States of pushing the Korean Peninsula to the brink of nuclear war, today, two us bombers flew a Training Exercise alongside the south korean and japanese air forces. The norths official news agency said it was a rehearsal for a pre Emptive Nuclear strike. The pentagon has confirmed its Missile Defence shield, known as thad, is 110w defence shield, known as thad, is now fully operational, which will antagonise china, as well as pyong