
Source: Sharecast
BP faces a critical moment in its 116-year history. The oil major's boss, Murray Auchincloss, is due to meet investors this week in what is expected to be a make-or-break meeting with investors. It will come after a five-year stretch that has seen the company's share price fall by 1%. The meeting will decide his own future and that of BP. Elliott Investment Management is expected to push for drastic changes, including a limit on spending on renewables and the sale of a big chunk of BP's green assets. - The Financial Mail on Sunday
Rolls Royce is expected to confirm how big its first dividend in five years will be when it posts results on Thursday. Having paced gains on London's top-flight index throughout 2023 and 2024, the engineer is seen reporting £2.3bn in profit and cash flow of £2.6bn. Yet its chief executive officer is also seen stressing that much is still left to do. - Financial Mail on Sunday
Bybit, the cryptocurrency exchange, is asking the "brightest minds" in cybersecurity to help it to retrieve £1.2bn stolen by hackers - in what may be the biggest digital robbery ever. According to the Dubai-based platform, the thieves gained control of a wallet of Ethereum and then transferred the assets to a hidden address. Bybit's boss however has reassured that all those affected would be reimbursed regardless of whether the stolen currency was returned. - Guardian