British Airways Owner IAG to Cut 4,500 Iberia Jobs

British Airways parent International Consolidated Airlines Group SA said it will eliminate 4,500 jobs at Spanish unit Iberia -- or more than one-fifth of the total -- after third-quarter profit tumbled 25 percent.
BP 1Q Adj. Profit Beats Analysts’ Estimates
37:41 - Total and BP, two of Europe’s biggest oil companies, release earnings for the first quarter. Bloomberg’s Ryan Chilcote reports on “Countdown.” (Source: Bloomberg)
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