Brewer defends S Africa share

first_img Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot whatsapp Brewer defends S Africa share Monday 16 August 2010 7:56 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorBrake For ItThe Most Worthless Cars Ever MadeBrake For ItTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite Herald Show Comments ▼center_img KCS-content SABMiller aims to protect its 90 per cent market share in South Africa from rival Heineken, the head of the brewer’s South African unit said yesterday. The world’s second-largest brewer was also confident it had a solid case against South African charges of violating anti-competition laws, managing director Norman Adami said. London and Johannesburg-listed SABMiller is facing a challenge from Heineken, which is trying boost its presence in Africa’s largest economy. whatsapp Sharelast_img read more

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BEST OF THE BROKERS

first_img KCS-content BEST OF THE BROKERS whatsapp Share whatsapp Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrapcenter_img Tags: NULL Show Comments ▼ Thursday 7 October 2010 7:28 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo J SAINSBURYSales growth at J Sainsbury was still faster than peers and, according to HSBC the second quarter confirmed Sainsbury’s is growing faster than the industry but margin enhancement looks fairly limited for the full year. The broker believes valuation is currently stretched relative to the sector and reiterates its “neutral” rating.IMPERIAL TOBACCOMorgan Stanley reiterates its “overweight” rating and 2,270p price target on Imperial Tobacco saying the market is underestimating the cigarette maker’s organic growth prospects. Says its 22 per cent discount to peers, based on the fact the shares are trading at just 10.5 times 2010 earnings, is “unjustified”.VEOLIADespite a 17 per cent de-rating over the past six months, JP Morgan Cazenove believes interest in Veolia remains low after a disappointing set of first half results. The broker does not see the third quarter as a positive catalyst for the stock and retains an “underweight” stance, with a slight preference for Suez Environnement. last_img read more

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Industrial output across EU sees an upswing in August

first_img Industrial output across EU sees an upswing in August by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Wednesday 13 October 2010 8:03 pm Tags: NULL whatsapp Sharecenter_img KCS-content whatsapp Show Comments ▼ INDUSTRIAL output in the 16-member euro area grew by one per cent in August fuelled by an increase in the production of capital goods, official figures revealed yesterday. European statistics agency Eurostat said industrial output in the wider 27-member European Union (EU) also grew by 0.8 per cent. The figures showed the highest rise in industrial output since May and were a significant improvement on the previous month, which saw industrial output grow by an anaemic 0.1 per cent in both zones. Industrial output on an annual basis rose 7.9 per cent in the euro area and by 7.5 per cent in the EU. Production of capital goods, including factories, machinery and tools ,grew by three per cent in the Eurozone and by 2.6 per cent in the EU. The output of consumer durable goods, including home appliances, jewellery and car production, rose by 1.8 per cent and 1.4 per cent respectively. But production of energy dropped by 0.7 per cent and 0.3 per cent. Eurostat said Greece saw the biggest rise in industrial output at 5.6 per cent while Ireland saw output fall dramatically by 13.6 per cent. While the figures suggested a strong recovery in August, economists raised fears of a slowdown in the third quarter.“With the business surveys suggesting that the industrial recovery will soon start to slow, domestic spending will need to pick up to prevent the Eurozone recovery from fizzling out,” said Ben May, European economist at Capital Economics. last_img read more

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CME to focus on clearing as hits its target

first_img CME to focus on clearing as hits its target CME Group, the world’s biggest futures exchange operator, reported profit in line with Wall Street’s expectations, and pegged future growth to global expansion and its derivatives clearing business.The operator of the Chicago Mercantile Exchange, Chicago Board of Trade and New York Mercantile Exchange benefited from a surge in Treasury futures and energy contracts trading.But trading in contracts tied to short-term interest rates, which generates 12 per cent of fee revenue, may slow as the Federal Reserve Bank keeps overnight borrowing costs near zero.Chief executive Craig Donohue is moving to counter such headwinds by offering clearing for the $615 trillion derivatives market, which regulators globally are forcing into clearinghouses, seen as safer than the current off-exchange system.Donohue is also targeting global expansion, and will not be repeating the string of acquisitions that characterized his earlier tenure at the CME.“I don’t think you will see us taking on large transactions to further expand our business when we’ve got those kinds of organic growth opportunities,” he said. Donohue added CBOT and Nymex to the company’s roster in 2007 and 2008.CME’s third-quarter revenue rose 13 per cent to $733m, as trading increased 14 per cent. Net income rose 21 per cent to $244m, or $3.66 per share, in line with the average forecast. Share KCS-content Show Comments ▼ whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterGloriousaCouple Wins Lottery, 5 Years Later, Their House Had To Be DemolishedGloriousa Thursday 28 October 2010 8:15 pm More From Our Partners Kamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org whatsapp Tags: NULLlast_img read more

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US car sales strengthen as recovery picks up speed

first_imgWednesday 3 November 2010 9:10 pm More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share whatsapp Show Comments ▼ KCS-content whatsapp US automakers General Motors, Ford and Chrysler yesterday reported strong increases in US sales in October as the industry rebounds from a deep slump.GM, the nation’s largest automaker, said it sold 183,759 vehicles in the United States in October, up 3.5 per cent from a year ago.Ford, the second-biggest automaker and the only one that did not take government aid during the 2008-2009 financial crisis, reported October sales were up 19 per cent to a total of 157,935 vehicles. Chrysler, which was also saved from ruin by a government bailout, said its car sales rose a strong 37 per cent in October compared with a year earlier, marking the seventh consecutive month of increases. Total US car sales for all Chrysler brands reached 90,137 in October, more than a year after it emerged from a government-backed restructuring under bankruptcy protection. US car sales strengthen as recovery picks up speed Tags: NULLlast_img read more

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FSA: UK bank exposure to Ireland “not worrying”

first_img Britain’s banks are not “worryingly” exposed to Irish banks or Irish government bonds, Financial Services Authority chairman Adair Turner said today.The exposure to Irish bonds was “not at all worrying in their scale,” Turner told British lawmakers.“Nor indeed is direct exposure of UK banks to Irish banks out of line with what you would expect.”Britain’s main exposure was to the Irish economy as two banks, RBS and HBOS, have significant business in Ireland, he added. FSA: UK bank exposure to Ireland “not worrying” Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalMisterStoryWoman files for divorce after seeing this photoMisterStorymoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleGameday NewsNFL Hall Of Famers Who Probably Don’t Deserve To Be In CantonGameday NewsMovie JewelExperts Draining Niagara Falls Never Expected This Dark DiscoveryMovie JewelMartha Stewart CBDFind All of Martha Stewart’s CBD Products HereMartha Stewart CBDTip ParentsA Nurse Finds Out The Truth About Her HusbandTip Parents Tags: NULLcenter_img Tuesday 23 November 2010 6:23 am John Dunne Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapplast_img read more

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Vedanta will delay $1.1bn copper float

first_img LONDON-listed Indian miner Vedanta has delayed an initial public offering (IPO) of its Zambian copper business until next year, citing stock market volatility.It is the first big European IPO to fall victim to a renewed wave of financial market turbulence brought on by the Irish debt crisis.Earlier this month, Vedanta announced plans to list Konkola Copper Mines (KCM), the second-biggest integrated copper producer in Africa, selling new and existing shares to raise about $1.1bn (£710m) to be used by KCM to boost output.Kishore Kumar, chief executive of KCM’s holding company Konkola Resources, had said the London listing was expected next month, while a source close to the deal had said final pricing was expected in mid-December.But the company said yesterday the listing was not expected before next year.“With year end approaching and the current stock market volatility, the boards of Vedanta Resources and Konkola have decided to pursue such a listing in 2011,” it said.After a relative resurgence in European offerings in October and early November, supported by stock markets trading at two-year highs, concerns over Eurozone debt following Ireland’s bailout have increased market turbulence.The IPO market is also winding down. No further new deals are likely to be launched this year as there would not be enough time to complete the usual month-long process and allow newly listed shares to trade properly before the Christmas break.Shares in Vedanta, which also plans to list its Indian Sterlite Energy commercial power generation subsidiary, fell sharply following the announcement but recovered some losses to close 1.2 per cent lower at 1,986p. Vedanta will delay $1.1bn copper float KCS-content More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com Tags: NULL Show Comments ▼ whatsapp Tuesday 30 November 2010 7:33 pm whatsapp Sharelast_img read more

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Delay could prove fatal for Gartmore

first_img Tags: NULL KCS-content Delay could prove fatal for Gartmore Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof whatsapp Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Share HENDERSON is unlikely to agree an acceptable offer for Gartmore before the Christmas break, sources close to Henderson say, raising the risk that the embattled fund manager could collapse before a deal is done. Henderson confirmed yesterday it is in negotiations to snap up its stalling rival and is said to have offered 95p per share for the company, whose shares closed yesterday at 95.8p. That equates to £346m in total equity, with Gartmore’s latest trading update putting net debt at £80m.But while Gartmore is pushing for a quick deal before Christmas, Henderson is in no hurry to complete. Sources close to Henderson say that the company is keen to include a price adjustment mechanism in the deal, whereby it can reduce its offer if Gartmore’s share price plummets during negotiations.But if Henderson drags its feet for too long, Gartmore could lose so much of its value as to make the deal pointless. The company’s latest results showed that its assets under management (AUM) had seen outflows of £700m during the third quarter of this year, though overall AUM was roughly steady at £20bn. However, it is not known how much more investors might have withdrawn since then.Some observers have said that the deal could also be slowed by the Financial Services Authority (FSA), which is already investigating Gartmore over the conduct of one of its former fund managers, Guillaume Rambourg.Gartmore has been in crisis since the departure of its star fund manager Roger Guy in early November.Henderson is being advised on the deal by UBS and Ondra Partners, while Gartmore has hired Goldman Sachs. Monday 20 December 2010 9:23 pmlast_img read more

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Lansley stands by NHS reforms

first_img whatsapp KCS-content Lansley stands by NHS reforms whatsapp Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof Sunday 30 January 2011 11:09 pm ANDREW Lansley, the health secretary, yesterday admitted that his plans to shake-up the NHS carried a certain degree of risk, but insisted the real danger was putting reform on the back burner. He said the coalition would continue to increase spending on health in real terms, but that the NHS still needed to be overhauled. “We don’t get the results we should compared with other European countries; if we did we would save thousands of lives,” he told the Andrew Marr Show.Health unions have hit out at the plans, due to be debated by MPs today.The Health and Social Care Bill, published earlier this month, will see consortia of GPs control of most of the NHS budget from 2013, with responsibility for “buying in” the bulk of hospital services for their patients.All 151 primary care trusts and strategic health authorities will be disbanded under the plans.Lansley (pictured) said: “I didn’t say there wasn’t risk. Of course there’s risk because there’s change. But actually if we don’t change, the greater risk is that these problems that we have at the moment that we have to deal with won’t be solved.”The reforms would result in a redundancy bill of £1bn, he said, but savings would reach £5bn over the course of the parliament. Share Show Comments ▼last_img read more

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Plot to oust Healthcare Locums chair

first_imgTuesday 8 February 2011 9:21 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut Share whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBe Plot to oust Healthcare Locums chair center_img Show Comments ▼ KCS-content Tags: NULL whatsapp THE SUSPENDED executive vice chairman of Healthcare Locums, the medical staffing firm, has resigned and launched a bid to sack the chairman that disciplined her.Kate Bleasdale, who is also the founder of the company, has used her 11 per cent stake in the business to call an extraordinary general meeting to oust chairman Alan Walker, following his decision to suspend her after “serious accounting irregularities” were discovered at the firm.Several other key shareholders, including Permian Master Fund, have backed the meeting which proposes that Walker and all other directors are replaced. The investors, who together represent over 30 per cent of voting rights in the company, have lost faith in the board following a steady decline in share price.Healthcare Locums said the development was “an welcome distraction” with “only minority support.”The meeting could result in the appointment of Andy McRae, the head of Healthcare Locums’ Australian business, as chief executive.McRae previously worked for Bleasdale as her chief operating officer in 2009.Michael Sinclair, whose Sinclair Montrose family investment vehicle has links to businesses previously ran by Bleasdale, could replace Walker as non-executive chairman.Healthcare Locums suspended Bleasdale, as well as finance director Diane Jarvis, at the end of last month.The company launched an investigation into accounting irregularities relating to its financial performance last year.The latest turmoil at the recruiter has raised concern amongst analysts. Adrian Kearsey, analyst at Evolution Securities said: “Evidence of infighting and possible interruption to the investigation that this brings could well further damage the operational performance of the business.” last_img read more

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