|
|
Shares in BP rose Thursday in London after the company agreed to set up a $20b fund to cover damage from the Gulf of Mexico oil spill and cancel dividend payments, AP reported. The shares were up 9.4% at $5.42 after the first hour of trading on the London Stock Exchange. BP's shares have lost nearly half of their value - paring the company's market value to $90b - since the April 20 explosion. |
|
