Activist shareholder forces another global energy giant to return money to investors and double down on fossil fuels rather than expand their push into renewable.
Visual Comfort & Co. is pleased to announce the opening of its Annapolis showroom. The 3,500 square-foot showroom showcases ...
Fennemore, a leading full-service Am Law 200 business law firm, is advancing its strategic vision in Idaho with the addition of attorney Peter J. Smith IV as a Director based in Coeur d'Alene. Smith's ...
Limited ("Elliott," or "we"), which advises funds that together have an economic interest of close to 5% in RWE AG ("RWE" or "the Company"), today issued the following statement: ...
Plus, how one of KKR’s big investments in Europe turned sideways and Silver Lake completes a Hollywood mega-deal ...
RWE has also committed to implementing stricter investment criteria with higher return requirements for new projects and plans to divest portions of its offshore wind projects. Despite projecting ...
EUROPEAN shares ended flat on Monday as caution prevailed, even as hopes grew that US President Donald Trump could opt for a ...
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Activist investor Elliott disclosed a stake of close ...
The pan-European STOXX 600 closed 0.1% lower, erasing earlier gains following the release of data that showed euro zone ...
Another problem is that RWE was slower than many rivals to trim its capital expenditure plans after the tide turned against ...
Elliott Management, having acquired nearly 5% of RWE, is demanding increased share buybacks from the German utility to enhance shareholder returns, following RWE's decision to reduce its low-carbon ...
Elliott Management's move for a similar-sized stake in BP is associated with that company's retreat from renewables, raising ...
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