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Showing 91 - 100 of 2559 results for "Oil"

HNW population sees biggest decline in decade

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
... America, and the Middle East showed resilience by registering financial growth, largely due to strong performances in the oil and gas sectors. The report, now in its 27th year, surveyed more than 3000 HNWIs across 23 markets, including 109 Australians. ...

Australia-UK FTA a boon for local business

KARREN VERGARA  |  FRIDAY, 2 JUN 2023
... government said at the time. Some Australian exports, such as wine, short and medium grain rice, sugar, honey, nuts, olive oil and food supplements will enter the UK duty free. Another component of the deal involves services relating to the financial ...

Supercharging Australia's climate investment action

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... system. The policy will also address the national security risks implicit in Australia's current reliance on imported oil, indirectly addressed by Australia's recently announced military strategy realignment. Central to this is an integrated ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... returned 27% in the year to March 2023 and 24% per annum in the last decade. The fund has a 9.7% holding in AMP, and stakes in oil producer Horizon Oil, US drilling company Diamond Offshore and Kiland, the owner of Kangaroo Island. Prior to the collapse ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... bailouts, the US share market increased. "Other factors were going on as well," he said. Felsman said technology giants and oil prices also assisted the market. "Amazon Alphabet and Microsoft in particular lifted and were up 4%, which also supported ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... only reason why the share market is down today." There's a bigger factor at play, he said. "Which is the fact that crude oil price fell by 5.2%, the US NYMEX or the West Texas Intermediate price was down 5.2% overnight to a 15-month low," Felsman ...

Unlicensed investor pleads guilty to fraud charges

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... the money for other purposes. Kamkolkar falsely represented to two clients that they would be investing in commodities like oil, coffee, corn, or gold. One investor provided $449,000 to invest in the transacting of gold sourced from Africa. Kamkolkar ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... deploy more capital than ever. "The reason is the uptick in activity by SWFs, and more specifically, Gulf SWFs, pushed by oil prices; and the return of the mega-deals that were favoured over venture capital in an attempt to deploy a lot of capital, very ...

Editor's Choice

Former chief financial officer at Rest returns in new role

VINNY VUCAGO
Rest is welcoming back its former chief financial officer as its inaugural chief commercial officer.

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN
Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI
Generation Development Group has reported strong growth to the year ending June 30.

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI
The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.

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