Market Report
Serco appoints David J. Dacquino as CEO of Americas division
Service company Serco has appointed David J. Dacquino - currently the head of its Americas’ defence business - as chief executive officer of the Americas division, succeeding Dan Allen who is retiring from the role.
Rolls-Royce performing 'well' as it heads to Paris Airshow
Rolls-Royce Holdings issued a pre-close trading update on Friday, as it prepared to meet investors over the next fortnight at the Paris Airshow - and ahead of its half year results on 1 August - claiming it had started the year “well”, with all businesses performing in line with expectations.
London pre-open: Stocks set to recover from BoE-fuelled losses
London stocks were set to bounce back at the open after heavy losses in the previous session, when a more hawkish stance than expected from the Bank of England sent the pound higher.
Friday newspaper round-up: Greece, Morrisons, FirstGroup
For the best part of a decade, Greece has wanted to become a “normal” country, and late on Thursday it appeared to begin that process, after creditors agreed to disburse €8. 5bn (£7. 4bn) of bailout funds aimed at putting the debt-stricken nation back on the road to recovery. The money, signed off after months of disagreement between the European Unionand International Monetary Fund over how to reduce Athens’ staggering debt pile, will be released in July, once European parliaments ratify the deal.