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Future Confirms CEO Zillah Byng-Thorne Has Not Resigned But Plans To Step Down By End Of 2023
(RTTNews) - In response to recent press speculation and share price movement, Future plc (FUTR.L), a platform for specialist media, confirmed on Tuesday that CEO Zillah Byng-Thorne has not resigned. However, she has informally indicated that she would like to step down by the end of 2023.
Future noted that Byng-Thorne joined the business in November 2013 and is approaching 9 years at the Group.
Future had made it clear in last year's annual report that CEO succession planning was an ongoing focus of the Board and Nomination Committee.
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China Cuts Loan Prime Rates For First Time In 7 Months
The People's Bank of China reduced its benchmark interest rate for the first time in seven months to stimulate consumption and support the property market amid soothing trade tensions. The central bank lowered its one-year loan prime rate by 10 basis points to 3.0 percent from 3.10 percent.
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Pred 22 minútami
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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Pred 49 minútami
European Shares Likely To Open On Firm Note
European stocks may open on a positive note Tuesday as trade tensions continue to ease, and China's central bank cut interest rates to record lows to stimulate the world's second-largest economy challenged by weak consumer demand and a property crisis.
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Pred 1 h 24 min
R&M Refresher Instant Milk Tea Powder Recalled
Lakewood, Washington-based R&M Trading LLC is recalling R&M Refresher brand Instant Milk Tea powder products of various flavors as they may contain undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The Instant Milk Tea products are recalled because the ingredients statement declares Whey and Caseinate in Non-Dairy Creamer ingredients, but it does not specify milk.
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Pred 1 h 33 min
Chinese Yuan Falls To 8-day Low Against U.S. Dollar
The Chinese yuan weakened against the U.S. dollar in the Asian session on Tuesday.
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Pred 2 h 31 min
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Tuesday despite firm cues from global markets.
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Pred 2 h 32 min
Australian Market Halves Early Gains In Mid-market
The Australian stock market is halving its early gains in mid-market trading on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains in technology and financial stocks partially offset a mixed performance in mining and energy stocks.
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Pred 3 h 19 min
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders remain cautiously optimistic on the outlook for markets after the U.S.-China temporary trade truce. They now stay focused on the outcome of US trade negotiations with India and Japan. Some traders also locked in profits following the recent upside in the markets.
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Pred 3 h 44 min
