Press Digest: Financial Times - May 9
09/05/2024 03:02
May 9 (Reuters) - The following are the top stories in
the Financial Times. Reuters has not verified these stories and
does not vouch for their accuracy.
Headlines
- Hedge fund boss Paul Marshall loses case over silver
salvaged from shipwreck
- BrewDog co-founder steps down as chief executive after 17
years
- Kate Forbes appointed deputy first minister of Scotland
- Alliance Pharma hit by delayed results and chief's exit
Overview
- Argentum Exploration, a company controlled by hedge fund
manager Paul Marshall, has lost a legal battle with the South
African government over $43mn of silver bars recovered from a
second world war wreck in the Indian Ocean.
- BrewDog's IPO-BWDG.L chief executive James Watt, has
stepped down after 17 years, to be replaced by the company'
chief operating officer, James Arrow.
- John Swinney, Scotland's new first minister, has appointed
Kate Forbes as deputy first minister and economy secretary.
- Alliance Pharmaceuticals ALAPH.L said that its auditor
Deloitte needed more time to check its accounts and announced
the departure of long-serving chief executive Peter Butterfield
but said this was not related to the delay in its results.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))