Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Thailand Inflation Remains Negative for 10th Straight Month in January 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
EasyJet, a British multinational low-cost airline group, headquartered at London Luton Airport, experienced flight cancellations and other issues for weeks. The series of problems have been causing chaos in the company, and due to this, the air carrier's chief operating officer, Peter Bellew, has quit.
According to BBC News, EasyJet's COO filed for resignation as the flight disruptions continue, and the company has been in turmoil for weeks as a result. Then again, the company said that Bellew has left to pursue other business opportunities.
The CEO has vacated his post as thousands of flights were called off, with some on short notice. It was added that it was just last month when the Trade Union Unite asked Bellew to take control of the company after they criticized the management for "lack of leadership."
Bellew's departure was announced by EasyJet's chief executive officer, Lohan Lundgren, who said they are "absolutely focused on delivering a safe and reliable operation this summer" amid the disruptions in service.
The Guardian reported that the former COO joined EasyJet shortly before the pandemic struck. He moved to the company from its rival air carrier, Ryanair. The Iris airline reportedly tried to block Bellew's move through court, but apparently, it did not succeed.
It was noted that since moving to the Swiss airline, Bellew's fame has dwindled. His star further declined due to EasyJet's response to the flight disruptions it recently faced.
In any case, EasyJet's CEO revealed that Bellew would be replaced by David Morgan, who he described as very capable of handling the job assigned to him. The new COO is expected to provide strong leadership as the company prepares to welcome customers this summer.
"Morgan has significant experience and deep knowledge of the business and operation and will provide strong leadership for the airline this summer," Lundgren said.
Morgan has been with the company since 2016, and he has been working as director of flight operations before being appointed as the new COO. He was also the interim chief operating officer in 2019.
