SYDNEY (Reuters) – AMP Ltd announced the resignations of its chairwoman and legal counsel, and slashed its directors’ fees by a quarter, as Australia’s largest listed-wealth manager tries to stem the fallout from damaging revelations of misconduct.
Bargain hunters should look closely at these exchange-traded funds. …read more […]
Apr.29 — Charles Kupchan, Council on Foreign Relations senior fellow, discusses trade war issues after U.S. President Donald Trump’s recent meeting with French President Emmanuel Macron and German Chancellor Angela Merkel. Kupchan speaks with Bloomberg’s Paul Allen on “Bloomberg Daybreak: Australia.” …read more […]
TORONTO (Reuters) – A rare outage at Canada’s major stock exchanges could dent the credibility of operator TMX Group Ltd and encourage investors to explore alternative trading channels, fund managers and traders told Reuters.
When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered. Hong Kong was an obvious financing center for a growing number of Chinese companies developing new drugs. …read more […]
A group of Central Americans who journeyed in a caravan to the U.S. border resolved to turn themselves in and ask for asylum Sunday in a direct challenge to the Trump administration — only to have U.S. … …read more […]
HONG KONG (Reuters) – When Hong Kong unveiled plans last year to encourage biotech companies to list in the city by loosening listing rules, the financial industry and investors cheered.
The jobs report and earnings out of Apple will be highlights in the week ahead for investors, which follows up the busiest week of earnings this quarter. …read more […]
Apr.29 — Vietnam Airlines Corp. is looking to start a dedicated cargo unit as companies, such as Samsung, set up manufacturing facilities providing an air freight opportunity for the national carrier. Vietnam Airlines Chief Executive Officer Duong Tri Thanh spoke to Juliette Saly in Singapore. …read more […]
(Reuters) – AMP announced the resignation of Chairwoman Catherine Brenner on Monday, the second senior executive at the Australian wealth manager to exit after damaging revelations at a judicial inquiry into the country’s financial sector of serious misconduct at the firm.
Gone are the days of drill, baby, drill. …read more […]
The agreement capped four years of on-and-off talks between the third and fourth largest U.S. wireless carriers, setting the stage for the creation of a company with 127 million customers that will be a more formidable competitor to the top two wireless players, Verizon Communications Inc and AT&T Inc. U.S. regulators, who have challenged in court AT&T’s $85 billion deal to buy U.S. media company Time Warner Inc, are expected to grill Sprint and T-Mobile on how they will price their combined wireless offerings. …read more […]
NEW YORK (Reuters) – Prologis Inc , a logistics company with a global footprint, will acquire smaller U.S. rival DCT Industrial Trust Inc in an $8.4 billion all-stock transaction, including the assumption of debt, the two companies said on Sunday.
The reviews are in: President Donald Trump is giving a thumbs-down to the comedian who roasted his chief spokeswoman at the annual White House Correspondents’ Association dinner. Comedian Michelle Wolf is known as a contributor on Comedy Central’s “The Daily Show With Trevor Noah.” But some of her jokes drew gasps and groans. A series of barbs about White House press secretary Sarah Huckabee Sanders, as Sanders sat just feet away, seemed to spark the most outrage. …read more […]
British and European steel makers are bracing for a fresh crisis in the industry unless the US backs down from its protectionist stance and extends an exemption on import tariffs. The US granted temporary relief to European producers from 25pc tariffs on steel and 10pc levies on aluminium as Donald Trump, the US president, introduced the measure in a move widely seen as targeting imports from China. However, the exemption runs out on Tuesday. Wilbur Ross, the US commerce Secretary, said over the weekend that administration planned to extend the relief to some countries, but not all, and refused to …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
