Jeff Bezos to step down as Amazon’s CEO. | UK Market Update |

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Jeff Bezos to step down as Amazon’s CEO. | UK Market Update |

Amazon’s Bezos announced that he would be stepping down from his day-to-day duties as CEO.

* Cadogan posts uptick in annual production despite pandemic

Ukraine oil and gas company, Cadogan Petroleum’s net annual production rose by 1.5 percent to 106,400 barrels in 2020 despite being impacted by the pandemic

TSB Bank to limit the banker bonuses to 3.9 percent of salary

The bank is expected to report an annual loss of £205 million due to Covid and costs linked to a three-year turnaround program.

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