Published Wed, Jul 16, 2025 · 08:22 PM [LONDON] Diageo CEO Debra Crew has stepped down after just two years in the job, the world’s biggest spirits maker said on Wednesday (Jul 16), with finance chief Nik Jhangiani taking over in the interim as the company strives to boost its performance and cut debt. Shares
The finance ministry has refused to greenlight the payment of €25 million to Greece’s independent transmission system operator (Admie), which form part of the government’s obligations regarding the Great Sea Interconnector project, which, if completed, would connect the electricity grids of Greece, Cyprus and Israel, according to reports. Newspaper Phileleftheros reported that the finance ministry
Group of 20 finance officials meet in South Africa from Thursday (July 17) amid trade tensions, a global economic slowdown and Washington’s threat to withdraw from multilateral organisations. President Cyril Ramaphosa has sought to leverage Africa’s first G20 presidency to promote an African agenda, with topics including the high cost of capital and climate change.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Consumers involved in landmark “no-win, no-fee” legal claims against Britain’s biggest banks over mis-sold car loans may be charged as much as £175 an hour if they withdraw from the lawsuits. Claimants in cases against
Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now As some regulated enterprises cautiously expand their use of AI, platform and model makers are starting to offer bespoke versions to specific industries. Anthropic is making its first step
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. French carmaker Renault has named finance chief Duncan Minto as interim chief executive as it lowered its annual guidance, citing weaker than expected sales in June. In a statement on Tuesday, the company said the selection
LATER this month the UK supreme court is expected to rule on whether car finance dealers unlawfully charged millions of drivers secret commission. This means if you took out a car finance arrangement before 2021 you could be in line for compensation. In the build up to the ruling, the Financial Conduct Authority (FCA), the
Geoff Ira is the CEO of TradeTogether, a Web3 firm specializing in digital assets and wealth management. getty When people speak of tokenized assets today, they often think of real estate, treasury bonds, securities or even rare whisky entering blockchain markets. But long before these sophisticated use cases, one simple product laid the groundwork: the
Martin Lewis has warned that drivers could miss out on hundreds of pounds in car finance compensation for making a simple mistake. The Money Saving Expert founder suggested motorists tricked into signing up to ‘no-win, no-fee’ mis-selling claims may owe 30% of any compensation they receive to the claims firms. However, these claims firms are
Responsible buybacks deliver windfall for executives amid banking rally From left: Hana Financial Group CEO Ham Young-joo, KB Financial Group CEO Yang Jong-hee, Shinhan Financial Group CEO Jin Ok-dong and Woori Financial Group CEO Yim Jong-yong (Pictures courtesy of the respective companies) As Korean financial stocks rally on the back of value enhancement drives, top