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BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live

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CitrixNews Staff
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BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live

Live, rolling coverage as British oil company looks for buyer amid political dispute over future drilling licences

The FTSE 100 has gained 0.7% in the first half hour of trading, which means… drum roll… its latest record high.

The new high-water mark is 10,981.83 this morning. We shall see if the index can reach the “psychologically important” (i.e., meaningless) 11,000 mark today.

We are managing the situation at our Garden Grove transparencies site following the incident in May. Partial production has since resumed, and we will continue to work closely with customers, regulators and other authorities to safely restore the site to full production in the second half.

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Originally reported by The Guardian. Read the full story at the original source.