first-century

Slack data management exposed BP to high safety risk: leaked report

BP's refining operations are exposed to high safety risks that can lead to deadly accidents and pollution as a result of slack data management and a lack of investment, according to a leaked internal report from 2015. The report, co-authored by BP, IBM and industry consultancy WorleyParsons , states that the British company's refining and petrochemical business, known as downstream, is trailing rivals such as Royal Dutch Shell by up to seven years in managing information to reduce safety risks and financial losses. “Inadequate management and use of engineering…

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Slack data management exposed BP to high safety risk: leaked report

first-century

British pension funds warn on any Fox/Sky deal

British public sector pension funds on Tuesday called for an “appropriate” premium in any potential deal between Twenty-First Century Fox and Sky as well as for safeguards to protect minority shareholders. Rupert Murdoch's Twenty-First Century Fox Inc aims to table a firm cash bid valuing Sky at 10.75 pounds ($13.66) per share as early as Wednesday …

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British pension funds warn on any Fox/Sky deal