Receive Breaking News updates as they occur
Oil giant BP warned on Tuesday that more sanctions on Russia over the Ukraine crisis could "adversely impact" its activities, and posted a quarterly profit leap aided by its stake in Rosneft. BP said that it had been unaffected so far by US sanctions imposed on Russia, reporting a two-thirds boost to second-quarter net profits from the equivalent figure last year. The British energy major owns almost 20 percent of Rosneft following a 2012 deal in which it sold the Russian state oil firm its 50-percent stake in joint venture TNK-BP. "If further international sanctions are imposed on Rosneft or new sanctions are imposed on Russia or other Russian individuals or entities, this could have a material adverse impact on our relationship with and investment in Rosneft, our business and strategic objectives in Russia and our financial position and results of operations," BP said.
LEWISTON, Maine (AP) — In the whitest U.S. state, thousands of miles from the Mexican border, the debate over immigration is quickly becoming a central issue in one of the nation's most closely watched governor's races.