CEO exit throws wrench into BP

Rising energy costs pushed US inflation above forecasts in August, Bernard Looney’s resignation from BP puts the oil company’s green energy transition into doubt, and China is walking back a corruption crackdown in the country’s healthcare sector. Mentioned in this podcast:US inflation rises in August as petrol prices jumpBP chief Bernard Looney resigns over past relationships with colleaguesBernard Looney’s exit throws BP’s strategy into doubtChina’s corruption crackdown rips through healthcare sectorTell us: How will the US student loan repayments restart affect you? https://sayhi.chat/lmhguiAny voice message that's left might be included in an FT podcast as part of our journalism on FT.com and/or on other FT platformsThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.