BP's fine to settle criminal charges for the Macondo oil well tragedy in the Gulf of Mexico is set to smash the previous record for such a fine, the BBC reported.
The BBC's Business Editor, Robert Peston, says his sources indicate the fine could between $3bn and $5bn, or £1.9bn and £3.2bn. Even the lower of those numbers would be more than twice what was the largest fine in US corporate history, the $1.3bn fine paid by drugs firm Pfizer in 2009 in relation to marketing fraud charges.
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Reducing cash ISA limit will make lending difficult and expensive, warn providersAn open letter from the Building Societies Association has urged the chancellor to keep the cash ISA limit at £20,000. We look at whether a smaller cash ISA allowance will make it harder to get a mortgage or loan
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Nvidia becomes world's first $4 trillion companyThe AI boom has catapulted Nvidia’s share price to astronomic heights, becoming the world’s most valuable company and the first to pass the $4 trillion milestone
