* SHELL: Ithaca Energy Plc said it signed an
agreement with Shell UK to market the oil major's 30%
stake in the Cambo oil prospect in the British North Sea.
* IHG: Holiday Inn owner IHG Plc said its CEO
Keith Barr would
step down on June 30 and the company's Americas CEO Elie Maalouf would succeed him.
* IAG: British Airways-owner IAG said strong
ticket sales for summer travel and a winter season which,
beat expectations , meant 2023 profit would come in above its previous forecasts.
* CAPITA: British outsourcing company Capita has
confirmed to pension clients that some data it processed was
likely to have been hacked during a recent cyber incident, the
Financial Times reported.
* IAG: International Airlines Group's Spanish
airline Iberia named Fernando Candela as its new acting
president and chief executive officer, replacing Javier
Sanchez-Prieto.
* STRIKES: Britain's RMT trade union said on Thursday
railway workers had voted in favour of further strike action in
a new ballot as part of a long-running pay dispute with train
operating companies.
* OIL: Oil prices rose slightly in Asian morning trade on
Friday, but were set for a third straight week of losses after
markets witnessed dramatic drops on fears of a weakening U.S.
economy and slowing Chinese demand.
* London's FTSE 100 hit a one-month low on Thursday as a
smaller interest rate hike by the European Central Bank did
little to lift sentiment dampened by concerns about the banking
sector, while Shell gained after posting upbeat earnings.
* For more on the factors affecting European stocks, please
click on: TODAY'S UK PAPERS
> Financial Times > Other business headlines (Reporting by Muhammed Husain in Bengaluru)
