BP’s under-fire boss cuts 4,700 jobs in fight to revive shares
The Middle East is “on tenterhooks”, the Financial Times says, as a ceasefire deal between Israel and Hamas “nears [the] finish line”. Featured is an image of Palestinians jostling for food aid in Deir al-Balah, Gaza, as “the world waits for Israel to approve” the agreement. The paper leads on BP cutting “more than 5% of its workforce”, as its “under-fire boss” fights to save costs and “revive a share price that has lagged behind rivals”.