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Analysts at UBS stood by their 'buy' recommendation for shares of BP after the oil major announced plans to reduce its workforce by about 14%, or roughly 10,000 people, the day before.
Royal Dutch Shell is considering raising more than $2bn from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, reported Reuters on Wednesday.
China's two major state-run agricultural firms hit the pause button on purchases of some American agricultural goods, including soybeans, as officials in Beijing assess mounting tensions with the US.
