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Tag: oust

Trump impeachment move: Democrats start push to oust US president

Trump impeachment move: Democrats start push to oust US president

World
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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...
Stobart picks broker amid bid to oust chair

Stobart picks broker amid bid to oust chair

Business
Stobart Group, the infrastructure conglomerate, will seek to restore order to its warring boardroom by announcing the appointment of a new City broker amid an attempt to oust its chairman. Sky News has learnt that the company, which has been hit by a rebellion led by former chief executive Andrew Tinkler, will say in the coming days that Canaccord Genuity is replacing Cenkos Securities in the role.The appointment of Canaccord will come soon after Stobart Group confirmed that investors holding approximately one-third of its shares were seeking to replace the current chairman with Philip Day, the billionaire owner of Edinburgh Woollen Mill (EWM).Cenkos resigned the brokership because of its long-standing relationship with Mr Tinkler and Woodford Investment Management, a major...
'Final' battle to oust IS fighters from Raqqa

'Final' battle to oust IS fighters from Raqqa

World
US-backed fighters say they are engaged in a "final" battle to oust Islamic State militants from Raqqa, the extremist group's de facto capital in Syria.The Syrian Democratic Forces (SDF), led by the Kurds, say jihadists are still putting up resistance in a number of neighbourhoods in their one-time stronghold and the fighting could take hours or days.It comes amid reports the city could be "liberated" by Sunday.Around 100 IS fighters have surrendered in the past 24 hours and were "removed from the city", said a spokesman for the US-led coalition.Video:British fighter: UK must do more against ISSyrian IS fighters and their families have left Raqqa and buses arrived to evacuate foreign fighters and their families under a deal brokered by the SDF, the coalition and IS.The Kurdish YPG militia ...