European oil giants step back from renewables path

European oil giants step back from renewables path

By Ron Bousso LONDON (Reuters) – Almost five years ago, BP (NYSE:BP) embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon…
Analysis-Headwinds hit Trump-fueled rally in US stocks

Analysis-Headwinds hit Trump-fueled rally in US stocks

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – A U.S. stock rally fueled by Donald Trump’s election victory is stumbling, as investors contend with everything from renewed inflation worries to…