Latest News
North joins Ferrexpo board as CFO Mawe leaves
Ferrexpo has made acting Chief Executive Jim North an executive director and announced the departure of Chief Financial Officer Chris Mawe.
Network International flags revenue decline, sees 'gradual recovery'
Payments technology company Network International said on Monday that it was expecting total revenue in the first half to be between $133m (£106. 42m) and $134m, representing “broadly flat” performance year-on-year in the first quarter, and a fall of around 23% in the second quarter.
Rentokil appoints Stuart Ingall-Tombs as CFO
Rentokil Initial said on Monday that Stuart Ingall-Tombs will succeed Jeremy Townsend as chief financial officer.
Cineworld to make counter-claim as Cineplex seeks damages
Cineworld said on Monday that it plans to counter-claim against Cineplex after the Canadian cinema chain announced that it was filing a lawsuit against it for backing out of a $2. 1bn deal.
Hochschild suspends Peru mine after workers test positive for Covid-19
Hochschild Mining said it was suspending operations at its Inmaculada mine in Peru after some of its workers tested positive for Covid-19.
Barratt order book 'strong', Lloyds Bank CEO to leave in a year
London open The FTSE 100 is expected to open 97 points higher on Monday, having closed down 1. 33% at 6,157. 30 on Friday.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set to rise at the open on Monday, tracking gains in Asia, despite a spike in coronavirus cases sparking local lockdowns in the UK and Spain, among other countries.
Aviva CEO Tulloch steps down for family health reasons
Insurer Aviva said chief executive Maurice Tulloch had stepped down for family health reasons with immediate effect and replaced by Amanda Blanc.
Monday newspaper round-up: UK banks, Sunak, Royal Dutch Shell
UK banks are preparing a code of conduct for pursuing businesses that default on taxpayer-backed coronavirus loans, amid industry estimates that up to eight out of 10 borrowers could fail to repay in full. The Guardian understands that the industry lobby group UK Finance and the state-owned British Business Bank have kicked off talks with commercial lenders in an effort to set industry-wide debt collection standards well ahead of repayments falling due. – Guardian.