Business leader of the Week: Albert Manifold’s ouster and BP’s never-ending boardroom instability
Despite having the backing of activist hedge fund Elliott, Manifold's alleged aggression against colleagues forced BP board to remove him...
Tag : Elliott
Pinterest gets USD 1 billion lifeline from Elliott
Pinterest has stepped up efforts to capitalise on the growing usage of AI-driven shopping tools, despite poor responses from its investors...
Business Leader of the Week: It’s Bob Jordan vs Elliott in Southwest Airlines’ profit quest
Since August 2024, Bob Jordan has been meeting and gathering feedback from investors and union leaders to stave off Elliott's advances, while casting the investment firm's approach as predatory...
Betting big on India
Acting as a catalyst to its growth story is US President Barack Obama’s recent visit, which may inspire investors to pile up Indian stocks throughout 2015 Suparna Goswami Bhattacharya February 19, 2015: If one were to describe India’s growth story in one line, it would read something like this– A nation of unrealised potential. The...