"I am convinced that Rio Tinto is committed to changing its approach to cultural heritage issues and restoring its reputation," said new non-executive.
LONDON MARKET MIDDAY: Stocks lower with key US jobs report in focus
Fri, 4th Jun 2021 12:13
(Alliance News) - Stock prices in London were lower at midday on Friday as investors look tentatively ahead to the monthly US jobs report for May at 1330 BST, amid fears central banks will soon rein in stimulus put in place to support the economy.
Economists expect the US Labor Department data will show the world s largest economy added 720,000 jobs and the unemployment rate ticked down to 5.9% in May, a consensus supported by positive data released earlier this week.
Payroll services firm ADP on Thursday said private employers added a huge 978,000 jobs last month, while the Institute for Supply Management reported its index gauging the health of the service sector, a key employer, hit an all-time high in May.