Twitter’s new boss pledges shake-up

Twitter’s new chief-executive pledges to ‘transform’ the social media company alongside owner Elon Musk Linda Yaccarino will take on the top job in six weeks Yaccarino said she was excited to ‘transform this business together’ with Musk  Twitter will hope Yaccarino can woo back advertisers who have paused spending By Emily …

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Sunday newspaper round-up: Tesco, National Grid, Morrisons

Tesco‘s pension fund lost £9bn in value and fell into a deficit after multiple safe investments went sour. In particular, the fund is heavily exposed to so-called Liability Driven Investments. Those LDIs came unstuck in 2022 following a sharp rise in interest rates that left pension funds nursing heavy losses. …

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