The deal involves a package of infrastructure in Bulgaria, including Russia’s last operational natural-gas link to Europe.

Smiths Group is pressing ahead with plans to sell its £1bn electrical connectors division, taking the first step towards a break-up of the London stock market’s last large industrial conglomerate.

U.S. equities were little changed at midday with the market focused on comments from the Federal Reserve coming later today.

After selling its power solutions segment in April 2019, which netted Johnson Controls $11.6 billion, the firm paid down $5.3 billion of debt and repurchased 191 million shares (21% share reduction) ...

Phillips 66 has issued a sharp rebuttal to Elliott Management’s latest letter, accusing the activist investor of misleading ...

WEST PALM BEACH, Fla., May 6, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE ...

Activist Commentary: Elliott is a very successful and astute activist investor. The firm's team includes analysts from ...

HOUSTON, May 05, 2025--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today responded to a May 2 letter released by Elliott Management. The Company has issued the following statement: In its letter ...