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☆ Solomon Islands ousts official critical of close relations with China
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +1 min

Daniel Suidani, premier of the South Pacific nation's Malaita province, is a longtime critic of the country's deepening relations with China, which culminated in a security pact signed last April. Malaita's provincial assembly ousted Suidani in a unanimous vote on Tuesday, said the ABC. Suidani and his supporters boycotted the vote, ABC said, adding he had not yet spoken to the media about the results. Flights are delayed in Auki, the capital of Malaita, the ABC reported. Residents of Malaita opposed the decision by Prime Minister Manasseh Sogavare's government in 2019 to formally recognise China instead of Taiwan.

☆ Solomon Islands ousts official who is critical of close relations with China
▼ + stars: | 2023-02-07 | by ( ) www.cnbc.com time to read: 1 min

Daniel Suidani, the premier of Malaita, pictured outside his office in Auki on Oct. 03, 2021. A longtime critic of the country's deepening relations with China, Suidani was removed from office on Feb. 2023 after a no-confidence vote by the provincial legislature. A vocal critic of China and leader of the most populous province in the Solomon Islands has been removed from office after a no-confidence vote by the provincial legislature on Tuesday, Australian state broadcaster ABC reported. Daniel Suidani, premier of the South Pacific nation's Malaita province, is a longtime critic of the country's deepening relations with China, which culminated in a security pact signed last April. Malaita's provincial assembly ousted Suidani in a unanimous vote on Tuesday, said the ABC.

PARIS, Feb 6 (Reuters) - French investment firm Eurazeo (EURA.PA) ousted Chief Executive Virginie Morgon on Monday and named a new executive board following a row with the group's number one shareholder, the Decaux family, a source close to the matter said. Jean-Charles Decaux, Eurazeo's chairman, pushed for the decision after a number of matters caused friction between Morgon and the Decaux family, which owns 18% of Eurazeo, the source said. A spokesperson for Jean-Charles Decaux, who is also co-CEO of JCDecaux (JCDX.PA), the world's biggest outdoor advertising firm, declined to comment. In a statement Jean-Charles Decaux, Eurazeo's supervisory board president, called the newly appointed executive board "collegial" and "focused". ($1 = 0.9298 euros)Reporting by Mathieu Rosemain and Sudip Kar-Gupta; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil Detains Hundreds More People, Ousts Capital’s Governor After Attacks
▼ + stars: | 2023-01-09 | by ( Samantha Pearson | Luciana Magalhaes | ) www.wsj.com time to read: 1 min

BRASÍLIA—Brazilian authorities detained more than 1,000 supporters of former President Jair Bolsonaro and removed Brasília’s federal district governor, a key ally, from his post Monday after protesters stormed the presidential palace a day earlier in what officials said was an attempt to overthrow the country’s newly-elected president. Protesters supporting the army captain-turned-politician forced their way into the presidential palace, Congress and the Supreme Court in the capital on Sunday afternoon, many calling for military intervention to oust Luiz Inácio Lula da Silva , a standard-bearer of the Latin American left who took office a week ago.

☆ Freight Broker C.H. Robinson Ousts CEO Bob Biesterfeld
▼ + stars: | 2023-01-03 | by ( Liz Young | ) www.wsj.com time to read: +6 min

Mr. Anderson, 56, stepped down as chair, a position he has held since 2020. Mr. Anderson doesn’t plan to be considered as a candidate for the permanent position, according to the securities filing. Robinson and this exceptional team,” Mr. Biesterfeld said in a statement released by the company. Robinson is by far the largest player in the U.S. freight brokerage market, one that matches freight shippers with available trucks. “We got ahead of ourselves in terms of head count,” Mr. Biesterfeld said on Nov. 2.

☆ Peru Ousts President Pedro Castillo, Swears In New Leader as Protests Erupt
▼ + stars: | 2022-12-08 | by ( ) www.wsj.com time to read: 1 min

Clock Is Ticking for TikTok to Reach Security Deal With WashingtonFor years U.S. officials have warned that TikTok poses a national-security risk because of its owner, China-based ByteDance. The social-media app and the Biden administration have been working to reach a deal that would protect U.S. users’ data from Beijing and allow TikTok to keep operating here. But the deal keeps hitting delays. WSJ reporter John D. McKinnon joins host Zoe Thomas to discuss the stumbling blocks and the risks of not getting a deal done soon. Photo: Thiago Prudencio/Zuma Press

☆ Disney Ousts CEO Chapek, Brings Back Iger
▼ + stars: | 2022-11-22 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Video: More Than 160 Killed After Earthquake Hits Indonesia At least 162 people are dead and hundreds more were injured after an earthquake struck Indonesia on Monday. Thousands of homes were damaged, a senior official said. Photo: Associated Press

☆ Disney CEO Bob Iger wastes no time instituting a reorganization plan, ousts top exec
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney CEO Bob Iger wastes no time instituting a reorganization plan, ousts top execBob Iger has already announced major restructuring plans on his second day as Disney CEO. CNBC's Julia Boorstin joins 'Squawk Box' with the details.

☆ 3 takeaways from our daily meeting: Oil slides, Disney CEO shakeup, Salesforce growth concerns
▼ + stars: | 2022-11-21 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Oil slides Disney ousts Chapek Salesforce growth concerns 1. Disney ousts Chapek Disney (DIS) announced Sunday that Bob Iger is returning as CEO , while Bob Chapek is out of the top job. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ TuSimple Co-Founder Ousts Board That Fired Him Last Month
▼ + stars: | 2022-11-10 | by ( Kate O'Keeffe | Heather Somerville | ) www.wsj.com time to read: 1 min

TuSimple was founded in 2015 and went public in April 2021, raising more than $1 billion at an $8.5 billion valuation in the process. Co-founder and former chief executive of TuSimple Holdings Inc. Xiaodi Hou combined forces with another major shareholder to oust the self-driving trucking company’s board of directors, according to a securities filing Thursday. The extraordinary move by Mr. Hou and fellow TuSimple co-founder Mo Chen follows the board’s decision on Oct. 30 to oust Mr. Hou from his roles as CEO and chairman. Board members at the time said they made the move in connection with a continuing investigation they were conducting into TuSimple’s relationship with a Chinese startup called Hydron Inc.

☆ Elon Musk Ousts Twitter Board, Named Sole Director
▼ + stars: | 2022-10-31 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

The board that oversaw Twitter Inc. during its tumultuous sale to Elon Musk has been dissolved, with the Tesla Inc. chief now serving as the social-media company’s sole director. Twitter said in a securities filing Monday that the nine members of its former board are no longer directors as of the consummation of the $44 billion merger, which closed last Thursday after six months of hand-wringing over the deal’s fate.

☆ Sometimes it pays to get fired. Twitter's top executives stand to make a total of $88 million between them if Elon Musk ousts them. Here's the payday for each executive.
▼ + stars: | 2022-10-28 | by ( Kali Hays | ) www.businessinsider.com time to read: +2 min

Elon Musk is expected to make significant changes to Twitter's ranks, and layoffs are likely. Each will receive a large payday should they be fired by Musk. Getting fired by Musk will likely give the executives some of the largest payouts they've ever seen. Ned Segal, Twitter's chief financial officer, is set to receive a $25.4 million payout for getting fired. In the months between Musk taking a large investor stake in the company and becoming its new owner, Twitter's executives have remained largely silent in public.

A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. Register now for FREE unlimited access to Reuters.com RegisterSince his return to HSBC in September, Elhedery has been working on projects for Quinn. He is one of several Lebanese bankers to rise to the top ranks at HSBC, including his predecessor heading the investment bank, Samir Assaf. Shares of Hong Kong-listed HSBC, which makes the bulk of its sales and profit in Asia, fell 2.5% in a firm broader market (.HSI). "This is about how the group executive committee is positioned with potential succession options for the future," Quinn told Reuters.

☆ ATP roundup: Stan Wawrinka ousts Casper Ruud in Switzerland
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +2 min

[1/7] Aug 8, 2022; Montreal, Quebec, Canada; Stan Wawrinka (SUI) hits a shot against Emil Ruusuvuori (FIN) (not pictured) during first round play at IGA Stadium. David Kirouac-USA TODAY SportsOctober 25 - Playing in his home nation and on a protected ranking, 37-year-old Stan Wawrinka knocked out No. 2 seed Casper Ruud of Norway 6-4, 6-4 in the first round of the Swiss Indoors Basel on Tuesday in Switzerland. He saved all three break points he faced against Ruud, went 2-for-2 in break points converted and held a 9-5 edge in aces. In the second round, Thiem could face No.

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