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Showing 141 - 150 of 1365 results for "American"

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... inflation, energy security, and the price volatility facing companies, families, and communities alike." Friedman said American businesses and investors championed the clear energy measures in the deal for over a year because they recognised these investments ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... of nearly 30 days of decreases in gas prices. Biden stated: "Those savings are providing important breathing room for American families." He added that other commodities like wheat had also fallen sharply since the report. The president said core inflation ...

Australian Retirement Trust, Morrison & Co acquire FiberLight

JAMIE WILLIAMSON  |  FRIDAY, 1 JUL 2022
... by Morrison & Co, also comprises a managed client of UBS Asset Management. It marks the first investment in the North American digital infrastructure market for Morrison & Co. FiberLight, headquartered in Atlanta, Georgia, is a high bandwidth fiber infrastructure ...

Bravura to welcome new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 23 JUN 2022
... manager, financial planning at ipac and director, corporate super at AMP. She also held a range of senior regional roles for American Express over the course of about a decade. "Given her executive background, industry knowledge and experience at board ...

No place for crypto in insto portfolios: PGIM

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... is equivalent to two million transactions on the Visa network, or roughly the same energy needed to power the average American home for over two months," PGIM said. "From a governance perspective, the anonymity and difficulty in tracing identity of owners ...

Tesla axed from the S&P 500 ESG index

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... booted from the S&P 500 ESG index due to its low S&P Dow Jones Indices (DJI) ESG score. In an S&P DJI ideology blog, North American head of ESG indices Margaret Dorn said that Tesla had fallen into the bottom 25% of its industry group peers. Hence, Tesla ...

Investor confidence drops in April: State Street

CHLOE WALKER  |  FRIDAY, 29 APR 2022
... long-term allocations to risky assets. According to State Street, the decrease was led by an 8.0 point drop in North American investor confidence to 95.2 as well as a 6.7 point drop in European ICI to 76.2. Meanwhile, the Asia Pacific region rose 2.4 ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
... Australian regulatory balance right with a clear plan, flexible approach and coordinated response. In a speech to the American Chamber of Commerce in Australia, Byres said that global crises have demanded our time and attention but while we're focused ...

Mason Stevens names chief investment officer

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... financial officer at both Mastercard for Australia and New Zealand and PwC Australia. He has also held various roles at American Express. "Wayne brings experience, knowledge, and discipline, that will be critical to this important phase of development ...