Advertisement
Singapore markets open in 6 hours 36 minutes

  • Straits Times Index

    3,144.76
    -38.85 (-1.22%)
     

  • S&P 500

    5,047.10
    -14.72 (-0.29%)
     

  • Dow

    37,751.67
    +16.56 (+0.04%)
     

  • Nasdaq

    15,857.85
    -27.17 (-0.17%)
     

  • Bitcoin USD

    62,567.48
    -854.79 (-1.35%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • FTSE 100

    7,820.36
    -145.17 (-1.82%)
     

  • Gold

    2,408.30
    +25.30 (+1.06%)
     

  • Crude Oil

    85.38
    -0.03 (-0.04%)
     

  • 10-Yr Bond

    4.6510
    +0.0230 (+0.50%)
     

  • Nikkei

    38,471.20
    -761.60 (-1.94%)
     

  • Hang Seng

    16,248.97
    -351.49 (-2.12%)
     

  • FTSE Bursa Malaysia

    1,535.00
    -7.53 (-0.49%)
     

  • Jakarta Composite Index

    7,164.81
    -122.07 (-1.68%)
     

  • PSE Index

    6,404.97
    -157.46 (-2.40%)
     

BT hires former BG Group CFO Lowth as finance chief - Sky News

Reuters
A man talks on his mobile telephone as he walks past a BT logo in London, February 5, 2015. REUTERS/Suzanne Plunkett

(Reuters) - BT Group (BT.L) is set to appoint Simon Lowth, former chief financial officer at gas producer BG Group, as its new finance chief, Sky News reported on Thursday.

BT is expected to announce the move on Friday and Lowth will join the British telecoms group in the summer, Sky News said. (http://bit.ly/1LtawuL)

BG Group said last year that Lowth would leave the company once its takeover deal by Royal Dutch Shell (RDSa.L) is concluded.

BT was ordered last month by industry watchdog Ofcom to give its rivals greater access to its infrastructure to help improve high-speed broadband coverage, in an effort to avoid a break-up of the former monopoly group.

BT and Royal Dutch Shell were not immediately available for comment.

(Reporting by Parikshit Mishra in Bengaluru; Editing by Susan Fenton)