Hedge fund’s BP stake worth £3.8bn as firm expected to ditch green promises
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme, a source ...
British stocks mixed as consumer giants apply pressure
British stocks were mixed on Thursday as consumer giants Unilever and British American Tobacco pressured the export-heavy ...