Eddie Stobart Logistics plc, the transport and logistics group, has suspended its shares amid an accounting review which is expected to affect its earnings for the first half of the year.

It also said itss chief executive Alex Laffey is to stand down with immediate effect, and will be replaced by Sebastien Desreumaux, currently chief executive of its iForce business and head of contract logistics.

Eddie Stobart said it was awaiting clarification on the impact that a review carried out in conjunction with its auditors would have on results.

As part of the process, the board is applying a "more prudent approach to revenue recognition" and looking into provisioning issues.

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Although revenue for the first half is expected to be in line with previous guidance, adjusted underlying earnings are likely to be "significantly lower" than anticipated at the time of a trading update last month.

While it awaits the results of the review, the group has applied for its shares on London's junior market to be suspended.

The interim financial results, which were scheduled for publication on August 29, are now not expected to be released until at least early September.

Earnings for the first half are expected to be "significantly lower" than anticipated at the trading update last month.

The company said: "The board has full confidence in the ability of Eddie Stobart's management team to deliver an improved performance for the group going forward, and remains confident in the strength of the underlying business."

Peppa Pig owner Entertainment One (eOne) has been acquired by US toy company Hasbro for about £3.3 billion.

Hasbro, maker of Monopoly and My Little Pony, said that the move to buy the UK-listed firm would "dramatically enhance" its storytelling capabilities.

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As well as Peppa Pig, Entertainment One produces other children's cartoons including PJ Masks and new preschool series Ricky Zoom.

Brian Goldner, Hasbro chairman and chief executive, said: "The acquisition of eOne adds beloved story-led global family brands that deliver strong operating returns to Hasbro's portfolio and provides a pipeline of new brand creation driven by family-oriented storytelling, which will now include Hasbro's IP."

"In addition, Hasbro will leverage eOne's immersive entertainment capabilities to bring our portfolio of brands that have appeal to gamers, fans and families to all screens globally and realise full franchise economics across our blueprint strategy for shareholders."

Under the terms of the agreement, Entertainment One shareholders will receive £5.60 in cash for each common share.

Peppa Pig, which follows the life of a pink cartoon pig and her family, has been translated into more than 40 languages and is broadcast in more than 180 territories.

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A joint statement by Entertainment One and Hasbro said the show had "thrived for over a decade" and "extended itself to new profit streams that continue its success".

YouTube says it disabled more than 200 videos this week that appeared to be part of a coordinated effort to spread misinformation about the ongoing protests in Hong Kong.

The video removals come just days after Twitter said it had suspended more than 200,000 accounts it linked to a Chinese government influence campaign against the protests.

Facebook also said it had suspended accounts and removed pages after being notified by Twitter.

Google, which owns YouTube, did not explicitly implicate the Chinese government but said the videos were related to the similar disclosures from Facebook and Twitter.

Social media companies have faced criticism about the spread of misinformation on their sites and have taken actions to combat the spread in recent months.