Dan Loeb’s Third Point Fund Expands Stake in Energy Giant Shell

Dan Loeb’s Third Point Fund Expands Stake in Energy Giant Shell

Bloomberg) — Activist investor Dan Loeb’s Third Point LLC fund increased its stake in Shell Plc, saying the oil and gas giant remains undervalued. Third Point last year built a $750 million holding in Shell and called on the U.K. major to break off its liquefied natural gas…

How Europe’s Third Virus Wave Is Playing Out in Markets

How Europe’s Third Virus Wave Is Playing Out in Markets

Lockdowns, a third wave of infections and a disastrous vaccination campaign: the pandemic is taking a renewed toll on Europe.