BP is facing a multi-billion dollar fine after it was found to be "grossly negligent" over the 2010 Gulf of Mexico oil spill.
A US judge is yet to rule on how much the company will have to pay out. However, BP has said it would appeal the ruling.
BP shares appear set for their worst one-day fall since 2010 after a judge ruled the oil company had been negligent in events leading up to the 2010 Gulf of Mexico oil spill.
The company's shares were down by 6% at the close of trading in London - making it the worst performer on the FTSE 100.
The ruling could add billions of dollars in fines to the more than £25 billion the company has already been charged for the disaster.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.