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BP bosses get public grilling on climate from big investors

Bloomberg BP Plc lined the road leading to its annual shareholder gathering in Scotland’s oil capital with hoardings touting investments in renewable energy. Inside the meeting, there was a fierce debate on whether the energy major was telling the truth. Investors large and small grilled BP’s Chairman Helge Lund and Chief Executive Officer Bob Dudley for over two hours on ...

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California sues Trump administration over cancelled $1bn rail project grant

Bloomberg California sued the Trump administration over the government’s decision to withdraw a grant of almost $1 billion that would have funded a high-speed rail project, suggesting the move was a political response to the state’s challenge of the president’s declaration of an emergency on the southern border. The Federal Railroad Authority announced it would cancel the grant on February ...

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BMW chief’s future in doubt over tackling shift to e-vehicles

Bloomberg BMW AG Chief Executive Officer Harald Krueger’s job is on the line over concerns he’s not aggressive enough in steering the luxury carmaker’s titanic shift towards electric and autonomous vehicles, people familiar with the matter said. Some supervisory board members are questioning whether he’s the right choice to lead the company and will discuss the CEO’s second-term prospects in ...

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