FREYR Battery Names Tom Jensen To Succeed Birger Steen As CEO; Evan Calio Named CFO

RTTNews | 467 days ago
FREYR Battery Names Tom Jensen To Succeed Birger Steen As CEO; Evan Calio Named CFO

(RTTNews) - FREYR Battery (FREY) announced Thursday the appointment of Co-Founder and current Chairperson of the Board of Directors Tom Jensen as Chief Executive Officer. Current Director Daniel Barcelo has been appointed the next Chair of the Board. Additionally, Evan Calio has been appointed as the Company's new CFO.

In connection with the changes, Birger Steen has stepped down from his CEO and Board positions at FREYR. Steen will be leaving the Board effective, immediately.

Separately, Oscar Brown, FREYR's CFO, has been working with the Company on succession planning, and recently notified the Company of his intention to resign for personal reasons.

Both Steen and Brown will stay at the Company for a period to help ensure seamless transitions for Jensen and Calio.

read more
European Economic News Preview: UK Inflation Data Due

European Economic News Preview: UK Inflation Data Due

Consumer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK inflation data for August. Economists forecast consumer price inflation to remain unchanged at 3.8 percent.
RTTNews | 18 minutes ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, reversing the gains in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,850 level, following the broadly negative cues from Wall Street overnight, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 41 minutes ago
Asian Markets Track Global Markets Lower

Asian Markets Track Global Markets Lower

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders fear the widely expected interest rate cut of a quarter point by the US Fed later in the day will be too little after recent US jobs and inflation numbers. They remain cautious and are reluctant to make significant moves ahead of the announcement.
RTTNews | 45 minutes ago
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved higher in eight straight sessions, adding almost 55 points or 4.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,310-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | 2h 18min ago
Indonesia Bourse May Run Out Of Steam On Wednesday

Indonesia Bourse May Run Out Of Steam On Wednesday

The Indonesia stock market has moved higher in six straight sessions, advancing more than 320 points or 4.3 percent in that span. The Jakarta Composite Index now rests just beneath the 7,960-point plateau although the rally may stall on Wednesday.
RTTNews | 2h 48min ago
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is trading slightly lower on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 44,850 level, with weakness in index heavyweights, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | 2h 48min ago
Losses May Accelerate For Hong Kong Stock Market

Losses May Accelerate For Hong Kong Stock Market

The Hong Kong stock market on Tuesday snapped the two-day winning streak in which it had jumped more than 360 points or 1.4 percent. The Hang Seng Index now sits just beneath the 26,440-point plateau and it may extend its losses on Wednesday.
RTTNews | 3h 3min ago