BP has scrapped its commitment to cut oil and gas production as CEO Murray Auchincloss shifts the focus back to traditional energy sources in response to investor demands for improved returns, according to a report by Reuters. The goal to cut oil and gas production by 40% by 2030 was…
In a bid to reshape Pfizer’s future, activist investor Starboard Value has acquired a stake worth approximately $1 billion,…
Samsung Electronics is poised to announce a more than fourfold increase in quarterly profits on Tuesday, largely fueled by…
Carnival’s stock price has stalled in the past few months. It has remained between a low of $10.97 and…
JD.com has been a beneficiary of China’s recent blockbuster rally that saw the markets experience the biggest single-week gain…
Income-focused investors have a wide variety of assets to invest in today. Treasury bonds are still offering a 4%…
In April this year, Disney found itself at the center of one of the most sensational corporate battles of…