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Argos to shut 50 stores while catalogue takes a back seat.

Ford set to close Transit plant and axe 500 jobs in Southampton.

Kimberly Clark is dropping its nappy brand Huggies from the UK and Europe, threatening up to 1,500 jobs in a major strategic rethink by the FMCG company.

Steve Parish, the chief executive of production company Tag, is to step down before the end of the year.

VISA INC
Visa Inc said Charles Scharf, a former head of JPMorgan Chase & Co retail financial services division, will succeed Joseph Saunders as chief executive officer.
Scharf is currently managing director at One Equity Partners, which manages $10 billion of investments and commitments for JPMorgan Chase.

BARCLAYS PLC
The financial services company hired Adeline Chien as the managing director of the Hong Kong team. Chien joins Barclays from EFG Bank in Hong Kong.

OCBC Bank
The bank appointed Dennis Tan as the head of Consumer Financial Services Singapore and Group Premier Banking. He joined the company in 2009 as the head of Branch and Group Premier Banking.

DELOITTE & TOUCHE LLP
The financial consulting firm appointed Eric Fox and Vince Rosdahl as senior tax advisors in its northeast tax asset management practice in New York.

UBS EQUITIES
UBS Equities named Choo Guan Yeoh as the head of Singapore equities. Yeoh was the head of ASEAN CTE in the company. It also named Cheryl Lee as the head of Singapore Research.

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