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Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
Market stalwarts, with their well-established reputations for reliability and profitability, are not immune to losing their way. Any company, from a British blue-chip to a member of the Magnificent ...
Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...
BP trades at around 10x this year's profits, while its American peer XOM trades at 14-15x this year's profits. See what makes ...
Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major.
(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is ...
Sky News host James Morrow says optimism and energy in America under Donald Trump is “off the charts”.
Partly cloudy. Medium chance of showers in the southwest easing later this afternoon, slight chance elsewhere. Winds southwesterly 15 to 20 km/h becoming light early in the morning then becoming ...
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