LONDON, July 29 (Reuters) - The chief executive of BP Plc (BP.L) said on Tuesday he saw demand destruction of 5 percent to 10 percent for gasoline in developed OECD economies, as people drive less due to high prices.
CEO Tony Hayward was speaking at a news conference after BP reported earnings. (Reporting by Tom Bergin, writing by Alex Lawler, editing by Anthony Barker)
KAILUA, Hawaii (Reuters) - A wing of al Qaeda claimed responsibility on Monday for a failed Christmas Day attack on a U.S.-bound passenger plane and President Barack Obama vowed to bring "every element" of U.S. power against those who threaten Americans' safety. | Video
The U.S. is stepping up airline security measures following the Christmas bomb scare. Here's what you can expect. Full Article | Video
Is Iran's "iron fist of brutality" a new volatile phase aimed at crushing the refomist movement? Full Article | Video
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