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Woodford leads push to oust Kier chiefs

Woodford leads push to oust Kier chiefs

Business
Leading shareholders in Kier Group, one of Britain's largest construction firms,‎ are pushing for a shake-up of its executive team weeks after it raised £250m in a surprise rights issue. Sky News has learnt that Woodford Investment Management, which holds a 16% stake in Kier, is among a group of investors questioning the future of Haydn Mursell, its chief executive, and finance director Bev Dew.Neil Woodford, the prominent fund manager who runs the firm, is said to have expressed a desire to see one or both of Mr Mursell and Mr Dew replaced in the coming months.Other big Kier shareholders‎ are said to be supportive of Mr Woodford's desire for management changes.They are likely to intensify a campaign for the construction company's bosses to be replaced unles...
5-10 bank chiefs, including an MNC, in the fray to head Yes Bank

5-10 bank chiefs, including an MNC, in the fray to head Yes Bank

Finance
MUMBAI: A search panel entrusted with finding Rana Kapoor's successor to lead Yes Bank has shortlisted multiple names, including those serving a foreign as well as domestic lenders, two sources said Friday. Veteran banker OP Bhatt, who was a past chairman of State Bank and one of the two independent members of the search and selection committee, had resigned Thursday over potential conflicts of interest. Bhatt's resignation came a day after non-executive chairman of the bank Ashok Chawla, a former finance secretary and a past chairman of the fair trade body Competition Commission and the telecom watchdog Trai, suddenly resigned after his name cropped up in the Aircel-Maxis corruption case, being probed by the CBI. Bhatt's connections with the foreign lender, whose chief executive is among ...
Week 2 NFL Roundup, Scores: Kansas City Chiefs outlast Pittsburgh Steelers

Week 2 NFL Roundup, Scores: Kansas City Chiefs outlast Pittsburgh Steelers

Sports
Sept. 16 (UPI) -- Quarterback Patrick Mahomes continued his electric start to the 2018 season as the Kansas City Chiefs defeated the Pittsburgh Steelers 42-37 in a high-scoring affair. The second-year gunslinger tied a franchise record with six touchdown passes against the Steelers. Mahomes' 10 passing touchdowns in the first two weeks of the season are the most ever by a quarterback through two games in league history. He was 23-of-28 for 326 yards with no interceptions. He added five rushes for 18 yards and had a passer rating of 154.8. "You never expect to have 10 touchdowns at this point in the season," Mahomes told reporters. "But I knew with this offense and the weapons that we have and the scheme [Chiefs] coach [Andy] Reid has drawn up that we had a chance to be really, really good...
More cuts to care on way – council chiefs

More cuts to care on way – council chiefs

Health
Vulnerable old and disabled people will see cuts to vital care services and higher charges, council chiefs say.The annual budget survey by the Association of Directors of Adult Social Services shows councils expect to spend £21.4bn this year in England.While this is a rise from £20.8bn last year, the cost of inflation combined with growing demand means this will not be enough, ADASS said.The warning comes as ministers prepare to unveil plans to reform the system.A green paper on social care is expected to be published in the coming months. Vulnerable facing 'bleak future'ADASS said it was desperately needed given the pressures on councils - local government has seen cuts in the amount of funding it gets from central government over the past de...
Kansas City Chiefs to keep training camp at same site

Kansas City Chiefs to keep training camp at same site

Sports
The Kansas City Chiefs reached an agreement to continue holding training camp at Missouri Western State University. The deal, announced by the club on Thursday, assures the Chiefs will hold camp in 2018 in St. Joseph, Mo. It also included an option for a one-year extension for 2019. "We have been engaged in positive, constructive discussions with Missouri Western State University representatives for months and are pleased to reach this agreement to keep Chiefs Training Camp in St. Joseph," Chiefs president Mark Donovan said. "When we moved training camp back to the state of Missouri in 2010, we could not have imagined the reception and support that Missouri Western and the entire community have provided us. "It's an exciting time in Chiefs Kingdom and we look forward to returning to St. Jo...