Inchcape (INCH) boss Stefan Bomhard is to leave his position to become the head of ‘Big Tobacco’ company Imperial Brands.
Kenmare Resources (KMR) is just finishing a major investment programme at its Moma mineral sands project in Mozambique. When it completes it later this year production will have been boosted by 35%.
Tesco boss Dave Lewis to stay in charge at supermarket until October due to replacement Ken Murphy’s non-compete clause.
China’s stock market has plunged 8 per cent as investors around the world dumped shares after it reopened following the Chinese new year holidays.
Budget airline Ryanair Holdings (RYA) recorded a £74million profit in the third quarter of the financial year. It warned though that it will miss its target to carry 200 million passengers by 2024 due to the late delivery of the controversial Boeing Max airplanes.
Energy regulator Ofgem has released a nine-point plan setting out how it will meet the government’s climate targets. They include putting 10 million electric vehicles on the road within a decade and taking out gas central heating from every home.
The former CEO of tech firm WorldCom, which perpetrated one of the largest accounting frauds in U.S. corporate history, has died aged 78.
The Financial Conduct Authority has today warned banks against cancelling indebted customers’ credit cards without good reason, amid concerns they could prepare to do so from the end of this month.
