Page 30 - Stephen Hester News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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We don't associate government initiatives on the City with speed, as anyone who has followed the audit reform saga would testify. So it is terrific to see Deliveroo unveil its intention to float in London.

* Departing CEO Hester not planning on a SPAC (Adds CEO comment, detail, shares, analyst)

TOP NEWS SUMMARY: British Airways And Iberia Parent Posts Massive Loss Fri, 26th Feb 2021 11:41 (Alliance News) - The following is a summary of top news stories Friday. COMPANIES International Consolidated Airlines swung to a huge loss for 2020, as it flew just 34% of 2019's passenger capacity last year. Current plans for the first quarter of 2021 is for capacity of 20% of 2019 levels, IAG said, but this remains "uncertain and subject to review". Total revenue for 2020 slumped 69% to EUR7.81 billion, while IAG swung to a hefty pretax loss of EUR7.81 billion from a EUR2.28 billion profit in 20...

UK Insurer RSA Reports 15% Hike in 2020 Operating Profit February 26, 2021 UK insurer RSA has reported a 2020 business operating result of £751 million ($1.1 billion), up 15% from £656 million ($926 million) reported during 2019. The group paid out some £4.6 billion ($6.5 billion) in “normal” claims while also providing for over £250 million ($353 million) in COVID-19 specific claims, said RSA Chief Executive Stephen Hester. On Jan. 15, 2021, the UK Supreme Court handed down a judgment relating to the Financial Conduct Authority’s test case on bus...