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Retailer Next has announced that John Barton will be retiring as non-executive chairman and stepping down from the board on 1 August, to be succeeded by Michael Roney, the former chief executive of Bunzl.
Anglo American said its Kumba Iron Ore operation would report underlying earnings of $438m for the year ended 31 December 2016 compared with $238m a year earlier.
BAE Systems is poised to confirm Charles Woodburn as its new chief executive in a widely anticipated move that marks a generational shift at the defence giant. Mr Woodburn, 45, who joined BAE Systems last year as its chief operating officer, has long been viewed as the heir apparent to Mr King, who has led the company since 2008. - Telegraph.
