Early Market News: British Airways plc (LON:BAY), BP plc (LON:BP), Royal Bank of Scotland Group plc (LON:RBS)

Here are some more breaking stock news briefs which could see some changes on the markets later. The following companies should see some movement: British Airways plc (LON:BAY), BP plc (LON:BP), Royal Bank of Scotland Group plc (LON:RBS). Here is a more detailed look at the news that will affect each company when trading continues. British Airways plc (LON:BAY) British Airways plc (LON:BAY) has unveiled its First Suite at the British Embassy in Kuwait. The newly designed cabin reflects British Airways' (LON:BAY) continued innovation and their right combination of luxury, privacy and style. Paolo De Renzis, British Airway’s Regional Commercial Manager of the Middle East said, ”We are very pleased with our customers’ response to the new product and look forward to allowing them to experience it firsthand in Kuwait.” He has also mentioned that this investment will help ensure the airline’s long term growth. BP plc (LON:BP) BP plc (LON:BP) has obtained an exploration deal with China National Offshore Oil Corp (CNOOC). Sky News reported Saturday that U.K. Prime Minister David Cameron will announce this deal by this week. Regarding this, BP plc (LON:BP) announced last week that it received approval from the Chinese government to purchase an interest in Block 42/05 in the South China Sea. CNOOC previously estimated that the South China Sea area holds the equivalent of 22 billion barrels of oil. Royal Bank of Scotland Group plc (LON:RBS) Royal Bank of Scotland Group plc (LON:RBS) has argued to change Basel III Capital Rules. The Financial Times reported that, with other banks, Royal Bank of Scotland Group plc (LON:RBS) efforts to persuade regulators to rethink Basel III capital rules were continuing. Stephen Hester, chief executive officer of Royal Bank of Scotland Group plc (LON:RBS) lobbied for a changed approach to the trade finance. We could possibly see more movement when trading continues for British Airways plc (LON:BAY), BP plc (LON:BP) and Royal Bank of Scotland Group plc (LON:RBS).
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