Hydro One Promotes David Lebeter To President And CEO

RTTNews | 868 dagar sedan
Hydro One Promotes David Lebeter To President And CEO

(RTTNews) - Hydro One Ltd. (H.TO) said Tuesday its Board of Directors announced the appointment of David Lebeter as the company's new President and CEO. Lebeter's appointment is effective February 1 and his transition will be supported by Interim President and CEO William Sheffield.

Lebeter has 18 years of experience in all facets of the electricity sector and was most recently the Chief Operating Officer of Hydro One Networks Inc., a role he assumed in January 2020. He is also responsible for Hydro One Remote Communities Inc.

Before joining Hydro One, he held executive positions in safety and operations at BC Hydro from 2005 to 2019. He also spent 23 years in the forest industry prior to joining the utility sector, working in leadership positions responsible for operations.

read more
NZ Dollar Rises After RBNZ Rate Decision

NZ Dollar Rises After RBNZ Rate Decision

The New Zealand dollar recovered from recent lows against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected.
RTTNews | 33 minuter sedan
European Economic News Preview: Germany Unemployment Data Due

European Economic News Preview: Germany Unemployment Data Due

Unemployment from Germany and revised GDP and consumer spending from France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for April. Import prices are forecast to fall 1.4 percent month-on-month, faster than the 1.0 percent decrease in March.
RTTNews | 1h 18minuter sedan
European Shares Seen Flat To Lower At Open

European Shares Seen Flat To Lower At Open

European stocks are seen opening flat to slightly lower on Wednesday, with Nvidia earnings and minutes from May's FOMC meeting likely to be in focus.
RTTNews | 1h 29minuter sedan
New Zealand Cuts Interest Rate By 25 Bps As Expected

New Zealand Cuts Interest Rate By 25 Bps As Expected

The Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected on Wednesday, as higher trade tariffs and increased policy uncertainties overseas are set to weigh on domestic economic outlook. The Monetary Policy Committee, led by acting governor Christian Hawkesby, decided to cut the Official Cash Rate by 25 basis points to 3.25 percent. The decision was passed
RTTNews | 1h 51minuter sedan
NZ Dollar Recovers Against Majors

NZ Dollar Recovers Against Majors

The New Zealand dollar recovered from recent lows against other major currencies in the Asian session on Wednesday.
RTTNews | 2h 21minuter sedan