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19 January 2021 | 08:23am StockMarketWire.com - Tobacco giant British American Tobacco said Zafar Khan, currently head of new categories operations would succeed Alan Davy as new operations director. Davy would step down from the board on 31st January 2021 and leave the group on 31st May 2021 to 'pursue new challenges and spend more time with his family,' the company said. Khan started with BAT in his home country of Pakistan 24 years ago, since then he had acquired 'extensive global operations and supply chain experience, including regional operations director of Asia Pacific and Middle East...

15 January 2021 | 09:17am StockMarketWire.com - The FTSE 100 opened lower this morning over fears the UK is on the brink of a double-dip recession after official figures confirmed a slump in November. The Office for National Statistics said that GDP fell 2.6% in November as the second wave of the Covid-19 pandemic took hold. At 0845 GMT the benchmark index was down 41.12 points, or 0.60% to 6,760.84. Engineering and industrial software company Aveva said revenue increased about 1.5% in the nine months to 31 December 2020, underpinned by a contract renewals in the final quarter of the year. It...

FTSE 100 down sharply by midday after weak UK GDP print

British American Tobacco says Serious Fraud Office ends corruption probe