Advertisement
UK markets close in 5 hours 3 minutes

  • FTSE 100

    8,058.15
    +34.28 (+0.43%)
     

  • FTSE 250

    19,711.62
    +112.23 (+0.57%)
     

  • AIM

    752.74
    +3.56 (+0.48%)
     

  • GBP/EUR

    1.1590
    +0.0002 (+0.01%)
     

  • GBP/USD

    1.2358
    +0.0008 (+0.07%)
     

  • Bitcoin GBP

    53,584.48
    +85.34 (+0.16%)
     

  • CMC Crypto 200

    1,421.73
    +6.97 (+0.49%)
     

  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     

  • DOW

    38,239.98
    +253.58 (+0.67%)
     

  • CRUDE OIL

    81.89
    -0.01 (-0.01%)
     

  • GOLD FUTURES

    2,313.20
    -33.20 (-1.41%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,019.39
    +158.59 (+0.89%)
     

  • CAC 40

    8,077.45
    +37.09 (+0.46%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Smithfield Foods CEO to retire in early 2021

Reuters
·1-min read
Smithfield Foods' hog slaughterhouse is seen in Smithfield

(Reuters) - Smithfield Foods Inc, the world's largest pork processor, said on Monday its President and Chief Executive Officer Kenneth Sullivan will retire in early 2021 after five years at the helm.

The company, owned by China's WH Group Ltd <0288.HK>, also said Dennis Organ, chief operating officer of its U.S. operations, would replace Sullivan as the CEO and president.

Organ joined Smithfield in 2010 and has been in his current role since 2019.

The first four years of Sullivan's tenure marked the highest profit periods in the company's history, Smithfield said, before the COVID-19 pandemic hurt its business due in part to coronavirus outbreaks at some of its plants.

(Reporting by Praveen Paramasivam in Bengaluru; Editing by Krishna Chandra Eluri)