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BP chief Dudley prepares to hand over the reins

BP chief Dudley prepares to hand over the reins

Business
Bob Dudley, the chief executive of BP, is preparing to step down after a decade-long tenure in which he steered the British oil giant back from the brink after the Gulf of Mexico disaster.Sky News can exclusively reveal that Mr Dudley is drawing up plans to retire from the job within about 12 months. The American, who turned 64 earlier this month, is said to have detailed discussions with BP's chairman Helge Lund about his retirement plans.City sources said this weekend that an announcement about Mr Dudley's decision to step down was possible by the end of this year, and could come by the end of October, when BP is due to report third-quarter results.It was unclear on Saturday whether BP would announce Mr Dudley's successor at the same time as his departure. ...
Faster pace of climate change is ‘scary’, former chief scientist says

Faster pace of climate change is ‘scary’, former chief scientist says

Science
Extreme events linked to climate change, such as the heatwave in Europe this year, are occurring sooner than expected, an ex-chief scientist says.Prof Sir David King says he's been scared by the number of extreme events, and he called for the UK to advance its climate targets by 10 years.But the UN's weather chief said using words like “scared” could make young people depressed and anxious.Campaigners argue that people won't act unless they feel fearful.Speaking to the BBC, Prof King, a former chief scientific adviser to the government, said: “It’s appropriate to be scared. We predicted temperatures would rise, but we didn’t foresee these sorts of extreme events we’re getting so soon.”Several other scientists contacted by the BBC
Eddie Stobart chief leaves as shares suspended

Eddie Stobart chief leaves as shares suspended

Business
Eddie Stobart has suspended trading in its shares and announced that its chief executive will stand down with immediate effect, as the firm looks into accounting discrepancies.The firm also warned its results for the first half of 2019 would be "significantly lower" than forecast.The transport company, known for its green and red lorries, revealed a £2m error in its 2018 results last month.A review of past accounts uncovered the problem.The review is being undertaken by chief financial officer, Anoop Kang, who joined in April, alongside external auditors. It found that in 2018 operating profits were overstated by about 4%.Publication of the firm's results for the six months to 31 May has also been delayed, They were due to be released on 29 August, but ar

Zuckerberg security chief accused of misconduct leaves job

Technology
Facebook CEO Mark Zuckerberg's personal security chief won't be returning to his job after being accused of sexual misconduct and slurs that included racist remarks about Zuckerberg's wife, Priscilla Chan. The parting of ways announced Monday comes five weeks after a Business Insider article uncovered a litany of allegations against Liam Booth, whose LinkedIn profile described him as a former Security Service officer who had been working with Zuckerberg's family charity since 2017. Booth had been placed on leave since the allegations surfaced. Although its investigation didn't substantiate the accusations, Zuckerberg's family office said Booth agreed he shouldn't return to work to minimize "distractions." The Bloom Firm, whose lawyers are representing employees accusing Booth, didn't imme...
VAR will not re-referee Premier League – referees’ chief Mike Riley

VAR will not re-referee Premier League – referees’ chief Mike Riley

Sports
The Premier League will not be re-refereeing the game by VAR and will set a high bar for decisions, says referees' chief Mike Riley.Video assistant referees will be used in the Premier League from the start of the new season, after clubs agreed to their introduction.Riley and his team of referees have spent the past two years preparing and training all the match officials, including live trial matches, and have been encouraged by the progress they have made. However, he stressed that VAR is still a work in progress. "It will take us two or three years to get this right," said Riley, who is general manager of the Professional Game Match Officials Limited.He said there had been a "reaction" to ...