PRESS DIGEST-Financial Times - August 14
SPY•BP wins Venezuela licence
BP BP.L has won a licence from Caracas to explore and develop a gasfield off the coast of Venezuela. The new BP licence marks the entry to Venezuela of XRG, the overseas investment arm of Adnoc, UAE's national oil company.
Top Financial Times stories
- BP joins Big Oil return to post-Maduro Venezuela
- JPMorgan debanked Polymarket over regulatory concerns
- Activist Cevian calls for higher pay for UK board members
Cevian pushes for higher UK board pay
Cevian Capital has called for higher pay for non-executive directors in UK boardrooms as part of efforts to revive growth at British companies and reverse the decline of the London market.
JPMorgan ends Polymarket banking relationship
JPMorgan Chase JPM.N terminated its banking relationship with Polymarket last year over regulatory concerns.
