BP Posts Loss of $2.25 Billion 

BP reported a second-quarter loss because of a multibillion-dollar charge relating to its 2010 Gulf of Mexico rig blowout and oil spill.

 
AB InBev Raises Offer for SABMiller 

Anheuser-Busch InBev raised its offer for rival brewer SABMiller, following a fall in the value of the British pound after the U.K. voted to leave the European Union.

 
BT network arm should have separate structure, says U.K. regulator 

Ofcom called for BT's network business to become a distinct company with its own board, but stopped short of calling for a full separation.

 
Orange Gets Profit Boost From EE Sale 

France's largest telecoms company, Orange reported a sharp rise in first-half net profit, mainly due to the sale of its U.K. joint venture EE, which was completed in January.

 
Boeing Is 'Delinquent' on Payments, Says Supplier Rockwell Collins 

In a rare public dustup between two of the biggest collaborators in the aerospace industry, a major supplier to Boeing Co. said the world's largest plane maker was behind on tens of millions dollars in payments due at the end of last month.

 
Hyundai Motor's Profit Slips But Supported by Weak Won 

Hyundai Motor's second-quarter net profit slipped but did better than expected with help from the weak local currency.

(END) Dow Jones Newswires

July 26, 2016 03:06 ET (07:06 GMT)

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