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

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 ...

LONDON (Reuters) - Shares in BP (NYSE: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 ...

Reuters said the size of the stake was not disclosed. The report sent BP’s shares surging more than 7% in London trading Monday. Elliott is pushing for changes at the British oil major to boost ...

In London, BP shares advanced 7.0%. Elliott Investment Management has built a significant stake and called on the oil major to consider transformative measures, according to Bloomberg. According ...

BP has seen its shares surge higher after an activist investor reportedly built up a stake in the oil giant. Shares in the FTSE 100 firm jumped more than 8% at one stage in Monday morning trading ...

The job cuts come days after BP announced it was delaying next month’s strategy update and relocating it to London from New York to give Auchincloss more time to recover from a medical procedure.

BP ’s investments in low-carbon ventures added to the financial strain. The dismal results coincided with reports that ...

BP shares rose by as much as 1.7% in London before paring gains. Thursday's announcement comes during a testing time for BP. Its stock price has fallen by 5% over the past year while those of its ...

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

BP is going to cut 4,700 staff jobs and another 3,000 contractor jobs. Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a ...

London stocks started the week strongly, driven by BP's significant rise following Elliott Management's stake. The FTSE 100 and mid-cap FTSE 250 both saw gains, amid anticipation of key economic data ...