BAE names Ian King as CEO
LONDON (Reuters) - BAE Systems (BAES.L), Europe's biggest military contractor, said on Friday Chief Operating Officer Ian King would become chief executive with effect from September 1.
King will succeed Mike Turner who announced in October last year that he would retire at the end of August.
(Reporting by Mike Elliott; Editing by Dan Lalor)
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Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article

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