Udrb South African miners rsquo; strikes are boosting platinum ETF inflows
Tuesday 20 December 2016 7:00 amChief exec eyes Speedy recovery after tumultuous 2016 and high-profile activist investor attackBy: William TurvillShareFacebookShare on FacebookXShare on
polene borsa TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleIt has been a tumultuous year for Speedy Hire. And chief executive Russell Down would be one of the first people to say so.The tool and equipmentrental business was on the end of arguably the most high-profile activist investor attack of 2016.Toscafund, whose chief executive Martin Hugheshas earned the City nickname Rottweiler, issued a series of public statements criticising the management of the company over the summer and forced an extraordinary general meeting EGM in September.In the end, Toscafund ndash; Speedyrsquo biggest shareholder, with a 19.4 per cent stake ndash; failed to oust the firmrsquo chairman, Jan Astrand, but succeeded in nominating a new board member, David Shearer. Read more: Speedy Hire hammers expectations ndash; in spite of Toscafund activismIf Down is bitter about the experience, he doesnrsquo;t show it.The process is concluded now, all the shareholders had a vote, David Shearer is on the board ndash; and hersquo making a very good contribution to the board, Down tells City A.M. That chapter is over and we move on to the next
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owala deutschland covery Things appear to be on the mend for Speedy.[charts-sh Mzod Meet Tim Peake, the British astronaut who rsquo;ll spend Christmas day in space
Wednesday 09 June 2010 4:23 am|Updated:Friday 31 May 2019 9:14 amGermany and France in new call for short selling banBy: John DunneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleGERMANY and France have written a joint letter to the European Commission urging it to ban short selling of shares and sovereign bonds.Chancellor Angela Merkel and French President Nicolas Sarkozy told European Commission President Jose Manuel Barroso the EU executive needed to accelerate the pace of financial reform.Brussels ought to accelerate efforts to impose tougher controls for credit default swaps on sovereign bonds and short selling, and present measures in t
owala tumbler he next few weeks, they said.In particular we think itrsquo imperative to improve the transparency of short-selling positions on share
stanley thermobecher s and bonds, particularly sovereign bonds, the letter said.The work of the European Commission should also extend to the possibility of an EU-wide ban of naked short selling of all or certain shares and sovereign bonds as well as all or certain naked CDS on sovereign bonds. Germany moved unilaterally last month to ban naked short selling mdash; in which the seller does not hold the u
stanley mugs nderlying asset ndash; of shares in its biggest banks, euro government bonds and related credit default swaps.The announcement followed talk of strains in relations between the euro zonersquo