After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

The acid-wash trend is back with a modern twist, appearing in jeans, jackets, and even skirts. Fashionistas are gravitating towards this distressed, faded look that conjures images of rock concerts ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

The oil and gas giant is expected to reverse course on renewable energy commitment due to decreased profits and a shifting ...

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

Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled ...

Elliott Management has disclosed a nearly 5% stake in BP worth almost £3.8B (~$4.75B), making it the company's third largest shareholder.

LONDON (Reuters) - Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press ...

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