SHARJAH / WAM The Sharjah Virtual Reading Festival 2020 (SVRF 2020) has been postponed to the third quarter, organiser, Sharjah Book Authority (SBA) has announced. The 10-day cultural festival was originally slated for a May 27 opening. SVRF 2020 has been postponed as its current dates coincide with the upcoming school examination schedule in the UAE and other countries. Targeting ...

Bloomberg The UK’s biggest pension fund by membership said it will back a climate resolution asking for France’s Total SA to adopt a tougher stance on climate change at its annual shareholder meeting next week. The resolution was brought by 11 European asset managers last month, in another example of investors pressuring Big Oil to tackle environmental challenges. Since then, ...

Bloomberg When BP Plc announced its plans to tackle its carbon emissions in February, it overshadowed another big change: Getting rid of the traditional Big Oil corporate structure split between refining and production. Those changes are now pressing ahead as Chief Executive Officer Bernard Looney, in a memo sent to staff on May 14, said his new leadership team have ...