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 ...

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 ...

Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 billion in a ...

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Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist ...

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a ...

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

Shares in oil major BP rose by 7% to their highest since August in early trade on Monday, after Reuters reported activist ...

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