1. Activist Investor Pushes for Shell Breakup

    Activist Investor Pushes for Shell Breakup

    Dan Loeb, founder of Third Point LLC, criticised Shell for having conflicting strategies, and too many competing stakeholder voices. Photo: Steve Marcus/Reuters Activist investor Dan Loeb of Third Point is pushing for a break up of Royal Dutch Shell ( RDSA.L ), having built a position in the oil major. The challenge represents the most serious threat to Shell's strategy at a time when it is both attempting to embrace a transition to net zero and pump more oil and gas...

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