Shareholders. The network equipmentmaker says its going to hand 3 billion back to investors after a strong First Quarter. Its also unveiled a new ceo. Youre watching worldwide exchange, bringing you Business News from around the globe. And a warm welcome to todays edition of worldwide exchange. Well kick off with more earnings and the oil sector as wel well. Bp upped its dividend for the first time in six months despite the impact of the crisis in ukraine and on its business. The results come less than a day after the ceo of bps russian partn partner, rosneft was issued sanctions. Sales to europe were up 15 last year. Russias top natural gas producer says any expansion of western Bank Sanctions could lead to adverse consequences and shares in the company. The kremlin meanwhile denounced a decision by the eu and u. S. To ramp up sanctions. Seven individuals targeted by the white house. 17 companies have also been hit. And within the last hour, the eu has followed the states and expanded
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