business record it says it s playing by the rules and has been busy carrying out reforms opening its economy to the world beijing as published a white paper stating that it has carried out every promise made off to join in the world trade organization funding and that is not a single w t o member has economically suffered all lost out because of china s membership but the u.s. and the e.u. both accuse china of continuing protectionist measures including unfairly propping up state owned companies ongoing ban on foreign investment and timidity businesses . british oil giant b.p. is buying chargemaster the u.k. s largest electric charging company it s reportedly worth around one hundred seventy million dollars and will enable b.p. to expand its charging network across britain expects the number of electric vehicles in the u.k. to search to twelve million by twenty four to.
the world trade organization and that not a single w.t.r. member as economically suffered a lost out because of china s membership of the u.s. and e.u. it used china of protectionist industrial policies intervening in markets and intimidating businesses. einar appears to be in the lead in the race to rollout five g. mobile phone technology said gen based phone manufacturer weiwei has announced it will be releasing five g. compatible devices from halfway through next year the main chinese telecom operators are conducting the final round of tests for the commercial use of fifth generation networks the joint five g. plan is part of the made in china twenty twenty five initiative which aims to turn the country from the world s factory into a global technology leader. british oil giant b.p. is buying chargemaster the u.k. s largest electric charging company it s reportedly worth around one hundred seventy million dollars and will enable b.p. to expand its charging network across britain it
a little progress but that is after we ve already seen the economic damage we ve already seen the confidence effect in the market effects of these threats and it will certainly continue to be a tense situation there thank you very much talent pickering been back for the analysis. thank you. corporate news now and seventy one percent that s how much british oil giant b.p. profits soared in the first quarter compared to last year s first quarter beating analysts expectations the jump follows a rise in oil prices and production in general p.p.s. positive showing is in line with its peers shell and chevron the oil sector is benefiting from a massive price rally while prices have shot up above seventy dollars a barrel from below thirty dollars early last year. and more good news this time for greece the country is finally getting some credit for the for once we re not talking about money the european commission has praised the country for making encouraging progress on its debt reduction af
is a fact of the country s ability to take advantage of its resources baghdad hired british oil company b.p. back in twenty thirteen to draw a plan to exploit fields in the north of the country the deal was put on hold that s the chaos of fighting so-called islamic state this week iraq s army recovered all fields from kurdish forces now the iraqi government is turning to b.p. once again. these oil fields in kirkos of biofuel both iraqis and kurds they have now been recaptured by the iraqi army the iraqi oil minister is making plans to exploit the fields he asked british oil giant b.p. to help her cook could have as many as nine billion barrels of recoverable oil b.p. is a new here since two thousand and nine it has been helping increase production a trailer one of the world s largest oil fields the fact that the oil fields were
the oil giant b.p. is getting ready to fight the united states government, fight it over focus penalties for the oil spill that contaminated the gulf s south. 11 men died when the deep water horizon oil rig exploded and sank nearly three years ago. the catastrophe also triggered an enormous environmental disaster. the millions of barrels of oil that spewed from the well devastated the gulf s tourism and fishing industries. other people lost their livelihoods. this monday, bp and government lawyers are scheduled to go to court in new orleans to fight over how much money bp should pay. bp s already agreed to pay more than $4 billion to settle criminal charges related to the spill. but monday is a civil case. b.p. s lawyers have not settled. they say that the government demands are excessive. that claims the company was grossly negligent are just not true and that this was tragic accident. except that they pleaded guilty.