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RIO DE JANEIRO (Reuters) – Shares in Brazil’s Vale SA, the world’s largest iron-ore miner, fell on Monday after its CEO Fabio Schvartsman and three other executives resigned over the weekend following a dam collapse in January that left over 300 dead. Brazilian prosecutors had requested that the executives be “temporarily removed,” the company said in a statement how to put on cufflinks with one hole. It is unclear how long the “temporary” removals will last or if they could become permanent. When contacted, Vale declined to comment..
Vale shares listed on the New York Stock Exchange fell as much as 3 percent before recovering somewhat. Brazil’s Bovespa stock exchange was closed on Monday due to the country’s annual carnival celebrations and will not resume trading until Wednesday afternoon. Vale has faced increased public scrutiny after the disaster, including the arrest of several mid-level executives soon after the dam burst who were released days later. Prosecutors have also sought the arrest of ferrous minerals head Peter Poppinga, although they have been unsuccessful so far how to put on cufflinks with one hole.
Poppinga was one of the executives temporarily let go on Sunday how to put on cufflinks with one hole. The tailings dam broke at Vale’s Corrego do Feijao mine in the interior Brazilian state of Minas Gerais on Jan. 25, releasing massive amounts of toxic sludge. “The last thing Vale needs is a change of leadership at a time when they need stability,” said Paul Gait, a senior analyst at London-based Bernstein Investment Research and Management. “It’s odd timing. It’s neither in the immediate aftermath nor at a point when we know exactly what has happened.”..
PARIS (Reuters) – Volvo Cars said on Monday it will introduce a 180 km per hour (112 mph) speed limiter on all new vehicles as the Swedish automaker seeks to burnish its safety credentials and meet a pledge to eliminate passenger fatalities by 2020. While Volvo, whose XC90 flagship SUV currently has a top speed of 212 km/h, has made progress on its so-called “Vision 2020” target of zero deaths or serious injuries, Chief Executive Hakan Samuelsson said it is unlikely to meet the goal without additional measures to address driver behavior how to put on cufflinks with one hole.
“We’ve realized that to close the gap we have to focus more on the human factors,” Samuelsson told Reuters. Volvo did not elaborate on the data but said its passenger fatalities were already well below the industry average before the goal was announced in 2007 how to put on cufflinks with one hole. In addition to the speed cap, Volvo plans to deploy technology using cameras that monitor the driver’s state and attentiveness to prevent people driving while distracted or intoxicated, two other big factors in accidents, Samuelsson said..