BP suffers shareholder revolt over climate U-turn at crunch AGM Energy BP’s turnaround plans were dealt a major blow on Thursday after its shareholders rejected two resolutions backed by the board and a sizeable minority voted against the reelection of its new chair. At a crunch annual general meeting (AGM), investors voted down the energy major’s proposal to dial back its reporting commitments on the climate [...]
High street stalwart Claire’s explores a sale as cost pressures mount Retail The accessories and piercings company Claire’s is exploring the possibility of a sale as it battles rising costs and competition. Claire’s, which is owned by US investors JP Morgan, Elliott Management and Monarch Alternative Capital, operates 2,750 shops worldwide and 281 shops on UK high streets and retail parks. Julie Palmer, partner at financial advisory [...]