Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...

For many decades, BP Plc and Shell Plc were the closest of rivals — equivalent in size, with matching clout in energy markets ...

Activist investor Elliott Management has built a nearly 5% stake in BP and is pushing for major asset sales and strategic ...

A sale of the business is one of the many options BP is considering, the report said, adding that the unit is also among the ...

One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...

Southwest Airlines plans to cut 15% of its corporate workforce, eliminating nearly 2,000 jobs, including 11 senior leadership ...

BP has a laundry list of problems. The $93 billion UK oil major has a confused strategy, an overleveraged balance sheet, and ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...

Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the ...

SP 500, NASDAQ and many stocks in Elliott Wave terms are entering a very powerful point in the trend, that is the Wave iii) ...