Thursday 28 March 2024
 
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Chinese partner

Yahoo CEO Bartz fired over the phone

Yahoo Inc chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. Chief financial officer Tim Morse will step in as interim CEO, and the

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BP, CNPC pay $500m signing fee for Iraq oilfield

British oil major BP and Chinese partner CNPC have paid a $500 million signature bonus due on the contract they won to develop Iraq's supergiant Rumaila oilfield, a senior Iraqi oil sector official said. The Iraqi Oil Ministry and the

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