Entain shares led the FTSE 100 on Friday after an activist hedge fund was revealed to have bought a large stake in the ...

Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

Activist hedge fund Elliott Management has become the third-largest shareholder in BP after building out a £3.8 billion ($7.6 ...

Chevron Versus California The energy giant sank the state's first successful oil well, kicking off a boom that powered California's economy for more than a century. Goodwill has since gone dry. Garcia ...

The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...

BP is likely to reduce spending on low-emissions energy technologies like wind and hydrogen and try to boost oil and natural gas production, analysts say.

BP saw a sharp decline in profits in in the fourth quarter with a replacement cost (RC) loss of $2bn, down from $1.1bn in Q3.

BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...

The Special Opportunities Fund (SPE) focuses on discounted closed-end funds, undervalued operating companies, and other ...