BBC News 27 July 2010 Last updated at 14:24 ET

BP to emerge 'smaller and wiser'Oil washes ashore

BP will emerge from the oil spill crisis a smaller and wiser company, its incoming boss says, as the company announces a record $17bn (£11bn) loss.


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Last Updated at 14:32 ET

Market index Current value Trend Variation % variation
Dow Jones 10542.69 Up 17.26 0.16%
Nasdaq 2286.96 Down -9.47 -0.41%
S&P 500 1115.09 Up 0.08 0.01%
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