For over 40 years, Equinoor has been an energy partner to the UK.

During that time, we've played our part in the switch from coal to gas,

and we're working hard to help the UK's energy transition.

We may not have all the answers yet, but we're determined to find them.

Equinor, an energy company, searching for better.

99.6% of Equinor's energy output is oil and gas.

Our investment in renewables and low-carbon solutions has increased from 4% in 2020 to 27% in 2024.

Find out more at equinor.com.uk.

Good morning from the Financial Times. Today is Thursday, September 4th, and this is your FT News Briefing.

Businesses are trying to find ways to cut the fat, and Indonesians are distressed over widening

inequality. Plus, the FT's John Foley, explains why Google just dodged an enormous bullet.

Google's shares were up by the equivalent of $220-something billion on Wednesday.

So that's showing that there is an enormous sense of relief.

I'm Mark Filipino, and here's the news you need to start your day. Company executives are cracking down on underperformers.

UK-based Lloyd's banking group is overhauling how it measures the productivity of its 63,000 strong workforce.

That's according to people familiar with the matter. The plans would put

about 3,000 people at risk of dismissal. The move comes as the company enters the final phase of a

cost-cutting drive. Meanwhile, the boss of Consumer Goods giant Unilever unveiled a similar roadmap

for his company at a conference yesterday. He plans to

replace dozens of managers in what he describes as a drive to weed out, quote, pockets of

mediocrity. Shares of Google's parent company alphabet surged yesterday. That's in large part because of a court

decision on Tuesday that said Google doesn't have to sell off its Chrome browser. At play in the

...