Companies

Oct 27: BP Q3 numbers beat expectations

BP, Europe's second-biggest oil company, said on Tuesday that its cost-cutting programme would yield $1bn (£610m) more in savings this year than it had been expecting. It also said that third-quarter profit had fallen by half to just under $5bn, a much better performance than analysts had expected. John Paul Rathbone of Lex analyses the oil giant's numbers.