Weekly Business

June 16, 2010

Global Corporations
BP Shares Sink

BP shares plummeted after Barack Obama's government gave a deadline of Friday last week to the British oil company to renew its plans to overcome the oil spill in the Gulf of Mexico. In last Thursday's trade at the London Stock Exchange, BP shares plunged up to 15.7 percent.

In last Wednesday's trade on Wall Street, British Petroleum Plc's shares dropped up to 15.8 percent, diving below US$30 per share over investors

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