BP to sell all North Sea platforms after 60 years

BP announced it will divest its entire North Sea platform portfolio, ending six decades of production that pumps about 100,000 barrels of oil and gas daily. The move is presented as a strategic shift to improve the business's prospects under new ownership.

International Airlines Group (IAG), the owner of British Airways, projected that travel demand will remain strong in the second half of 2026, according to its first‑half‑2026 report. Meanwhile, Norwegian conglomerate Orkla Snacks confirmed the acquisition of The European Candy Group for €207 million on a cash‑free, debt‑free basis.

Swedish tech firm Observit, together with partner RUF Group, secured contracts to supply roughly 600 video‑surveillance cameras and software to Dutch train operators. Other Swedish companies reported mixed results: Bimobject posted an EBITDA loss of SEK ‑21.7 million for Q2 2026, New Nordic Health posted a SEK 9.0 million operating profit, and Micropos Medical recorded an operating loss of SEK ‑9.5 million.

In the jewelry sector, a major silver‑focused company reported a rise in earnings despite a falling silver price, highlighting resilience in the luxury market.