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 has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...
For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...
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.
Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...
Warren Buffett is a big investor in the oil business, and BP's performance has been attracting investor attention in results ...
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 ...
UK supermajor BP has admitted it is in need of a “fundamental” change of direction, to cite the words of its chief executive, ...
London open The FTSE 100 is expected to open seven points higher on Friday, having closed down 0.49% on Thursday at 8,764.72.
School investments were up 11.2% last year, with smaller funds outperforming the private-equity-heavy larger ones. But a down ...
A WATER firm with 16 million customers has asked for permission to charge customers even more after a 35% bill hike. Thames Water has asked Ofwat, the water regulator, to allow it to bill ...
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