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BP pledges strategy reset

BP pledges strategy reset as annual profit falls by a third

BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.

Investopedia on MSN · 2d

BP Plans to 'Fundamentally Reset' Strategy Amid Reports of Elliott Stake

BP announced plans to "fundamentally reset" its strategy Tuesday as Elliott Investment Management reportedly has taken a "significant" stake in the British oil giant.

BP posts 60% profit drop as CEO promises ‘fundamental reset’ of strategy

UK supermajor BP saw its profit drop 60% in the fourth quarter of 2024, slightly missing analyst forecasts, as chief executive Murray Auchincloss promised the company strategy is ripe for a “fundamental reset”.

The Edge Singapore1d

Key capital market assumptions for strategic asset allocation in 2025 across Asia Pacific

Capital market assumptions (CMAs) are crucial for guiding long-term investment strategies and help investors make informed ...

1d

BP: Strategy Shift, Stock Buybacks, Cheap P/E

BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...

4d

How middle market business leaders can turn optimism into a game plan for 2025

JPMorganChase’s annual Business Leaders Outlook survey reveals that middle market leaders possess a renewed sense of optimism ...

Pensions&Investments7d

Bain Capital chooses capital markets head for real estate division

Keith Largay joined Bain Capital’s real estate business as head of real estate capital markets, a spokesperson confirmed. It ...

10d

Monday's stock market action shows investors were 'underpricing' Trump’s promised tariffs

Markets sold off on Monday as investors digested Donald Trump's tariff announcements on Mexico, Canada and China.

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