Energy major defends transformation under CEO Mark Lashier and warns Elliott's proposals risk long-term value destruction ...

Many hedge fund strategies—especially those involving high leverage, such as long/short equity, global macro, and relative ...

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased ...

Shares of BP, which has been under pressure from activist investor Elliott Investment Management, plunged Friday after the ...

Oil Traders Cut Longs As OPEC Meet Looms By Tickmill - Dec 02, 2021 1 The latest CFTC COT institutional positioning report shows that oil traders cut their net long positions again last week ...

Eastern Trading Pte. Ltd., a subsidiary of Shell plc, reports it has completed the previously announced acquisition of 100% ...

Elliott’s £850 million short position against Shell may look like an attack, but it’s actually the defensive side of a much ...

Of all the headaches company chairs can encounter, an overly enthusiastic activist investor is among the worst. So Shell ...

The three-time Daytona 500 champion led a race-high 274 of 400-scheduled laps and outdueled teammate Christopher Bell during ...

The last five victories for Wood Brothers Racing also have featured first-time winners: Berry, Harrison Burton (2024), Blaney, Trevor Bayne (2011) and Elliott ... clip-shaped short track. Though Wood ...

The activist investor's move is the biggest bet against Shell in nearly a decade, per The Times of London. And it's happening after it built up a 5% stake in rival BP.

Blackstone (BX) announced on Friday that its infrastructure strategy for individual investors has agreed to acquire a ...