Ayesha Rascoe and Tom Doggett

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US threatens fresh penalties

British energy giant BP Plc’s stock price plunged to a 14-year low in US trading on Wednesday amid concerns over its ability to meet mounting costs of the giant Gulf of Mexico oil spill.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.