H World Group Names Jun Zou To Succeed Jihong He As New CFO

RTTNews | il y a 581
H World Group Names Jun Zou To Succeed Jihong He As New CFO

(RTTNews) - Hotel operator H World Group Ltd. (HTHT) announced that Jihong He will step down as the chief financial officer of the Company and serve as the chief strategy officer of the Company, effective from January 2, 2024.

Jun Zou, the executive vice president of the Company, has been appointed as the chief financial officer of the Company, effective from the same date.

Zou has over 30 years of experience in financial management and capital markets in the U.S., Europe and China. Prior to joining H World, he worked as the CFO of Shenzhen Qiqitong Technology Co., Ltd., a one-stop digital sourcing management platform.

Prior to that, Zou served as the CFO of various companies from 2006 to 2022, including Huawei Technologies Co, Ltd.'s global technology services business unit, Xunlei Ltd., Dangdang Inc., iDreamSky Technology Holdings Ltd., Autohome Inc. and Shenzhen Suteng Innovation Technology Co, Ltd. He also held various positions at Ericsson in the U.S. and Sweden from 1999 to 2006.

read more
European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European markets closed mostly higher on Tuesday, although gains in most of the markets were just marginal or modest, as investors stayed somewhat cautious, reacting to a mixed batch of economic data, and assessing the impact of steep U.S. tariffs on the global economy.
RTTNews | il y a 12 minutes
U.S. Service Sector Growth Unexpectedly Slows In July

U.S. Service Sector Growth Unexpectedly Slows In July

A report released by the Institute for Supply Management on Tuesday unexpectedly showed a modest slowdown in the pace of growth by U.S. service sector activity in the month of July. The ISM said its services PMI edged down to 50.1 in July from 50.8 in June. While a reading above 50 still indicates growth, economists had expected the index to rise to 51.5.
RTTNews | il y a 2h 49min
U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

U.S. Trade Deficit Narrows To $60.2 Billion In June As Imports Plunge

The U.S. trade deficit narrowed by slightly more than anticipated in the month of June, according to a report released by the Commerce Department on Tuesday. The Commerce Department said the trade deficit shrank to $60.2 billion in June from a revised $71.7 billion in May.
RTTNews | il y a 3h 35min
Eurozone Private Sector Continues To Expand

Eurozone Private Sector Continues To Expand

Euro area private sector remained in the expansionary territory in July but the rate of growth remained sluggish as stagnant demand pulled back production, final survey results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB composite output index rose to 50.9 in July from 50.6 in June. The flash reading was 51.0. A score above 50.0 indicates expansion.
RTTNews | il y a 4h 42min
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian stocks may open on a positive note Tuesday morning amid expectations of a rate cut by the Federal Reserve next month. The focus will be on trade talks between Canad and Mexico.
RTTNews | il y a 4h 54min
FTSE 100 Advances On Upbeat Earnings

FTSE 100 Advances On Upbeat Earnings

The UK market is modestly higher on Tuesday, extending gains from previous session, thanks to some upbeat corporate earnings announcements, and expectations that the Federal Reserve will cut interest rate in the near future to spur economic growth.
RTTNews | il y a 5h 22min
Pound Rises As Traders Await BoE Monetary Policy Meeting

Pound Rises As Traders Await BoE Monetary Policy Meeting

The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
RTTNews | il y a 5h 33min