1. Royal Mail boss bows out
International Distributions Services PLC (LSE:IDS) said CEO Simon Thompson would be stepping down after two tough years at the helm.
2. Tesco boss paid £4.4mln
Tesco PLC (LSE:TSCO) boss Ken Murphy took home last year around 197 times the average supermarket worker.
3. THG slumps after rejecting private equity bid
THG PLC (LSE:THG) terminated discussions with Apollo Management and founder Matt Moulding took to Linkedin after to respond.
4. FTSE 100 ends a subdued week on the front foot
The UK's blue chip index had a muted end to the week but managed to scrape out a gain on the day, finishing 0.3% higher at 7,755 points.
5. Binance founder wants out of the US market
Binance founder Changpeng ‘CZ’ Zhao has indicated a determination to reduce his stake in the US segment of the company he founded.