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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Elliott Management is pressing BP to increase its free cash flow by an additional 40 per cent through deep cuts to spending, as the activist investor upped its stake in the energy group to more than 5 per cent and sharpened its criticism of the company.
The US-based hedge fund has told BP that the “fundamental reset” outlined by the oil and gas group’s chief…
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