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Portugal Telecom SGPS shareholders propose new CEO

2015-05-08 15:23:01| Telecom - Topix.net

The leading shareholders of holding company Portugal Telecom SGPS have proposed replacing chief executive Joao Franco Mello with Luis Palha da Silva, the former head of retailer Jeronimo Martins and board vice-president at oil company Galp. Portugal Telecom said in a statement the proposal was backed by Grupo Visabeira, Novo Banco, Oi and RS Holding, who together have more than 35 percent of the company, and it will be voted at a general meeting on May 29. PT SGPS is a holding company that owns a 27.5 percent stake in Brazil's Oi, which in turn holds 10 percent of PT SGPS following last year's ill-fated merger.

Tags: portugal propose ceo telecom

Japan Ministries propose light commercial vehicle fuel economy standards for 2022

2015-04-28 20:55:42| Green Car Congress

Tags: japan light commercial standards

Court Ruling Leads MTA to Propose Banning Political Ads Altogether

2015-04-28 02:45:02| Railroads - Topix.net

Back In 2012, the New York Metropolitan Transportation Authority tried to reject an ad that called opponents of Israel " savages ." This year, it tried to block an ad that quoted a Hamas-run television station as saying "Killing Jews is worship that draws us close to Allah."

Tags: court political ads leads