Adobe’s proposed $20bn merger with product design software company Figma has been terminated, following competition probes in EU and UKBP Plc said it will pause all its oil tanker shipments through the Red Sea.The move follows an escalation of...
Adobe’s proposed $20bn merger with product design software company Figma has been terminated, following competition probes in EU and UK
BP Plc said it will pause all its oil tanker shipments through the Red Sea.
The move follows an escalation of attacks on merchant shipping being mounted from Yemen’s ports by Houthi forces.
“The safety and security of our people and those working on our behalf is BP’s priority.
“In light of the deteriorating security situation for shipping in the Red Sea, BP has decided to temporarily pause all transits through the Red Sea.”
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