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Showing 11 - 20 of 45 results for "US businesses"

UBS names industry veteran as Australasia chair

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
The investment bank has appointed Lindsay Maxsted as its non-executive chair of Australasia. Maxsted steps into the position effective immediately and is based in Melbourne. He brings a wealth of corporate and board experience to UBS, formerly serving ...

Salter Brothers appoints new investment director

ANDREW MCKEAN  |  MONDAY, 11 APR 2022
Global fund manager Salter Brothers has appointed Gregg Taylor as investment director, private equity. Taylor will lead the Sydney-based investment team responsible for managing Salter Brothers Emerging Companies Limited. Taylor brings with him 25 years ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... program in September." In the US, the much-anticipated non-farm payrolls report was released at the end of the week. US businesses hired a total of 850,000 workers in June following a 583,000 gain in the previous month. This is higher than consensus ...

Westpac consolidates international operations

JAMIE WILLIAMSON  |  WEDNESDAY, 14 OCT 2020
... Zealand, consolidating its international operations into just three branches. Having reviewed its Asia, Europe and US businesses, Westpac will now move forward with just three branches in Singapore, London and New York. In doing so, it will exit Beijing ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
A digital advice firm has voluntarily shut down two robo-advice tools after ASIC raised concerns. Lime FS, a Sydney-based Australian financial services licensee, was running corporate authorised representatives Plenty Wealth, Plenty Plus and Lime Wealth ...

Perpetual wins trustee mandate

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
An infrastructure fund aiming to invest $500 million over five years has chosen Perpetual Corporate Trust as its custodian and wholesale trustee. Impact Investment Partners' new fund, called the Indigenous Infrastructure Fund (IIF), is a private wholesale ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... bigger drop in the Russell 2000 index - considered a gauge of the performance of small and domestically-focused US businesses - since the resumption of US-China trade hostilities provide further proof that instead of Trump's tariffs "Making America ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... indication is supported by big contribution from inventories in the third quarter - 2.07 percentage points - as US businesses rebuild their stocks in anticipation of increased purchases from consumers. Trump's increased fiscal spending continues ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... sees the "risks to the economic outlook appear roughly balanced", Powell noted a "rising chorus" of concerns among US businesses over the US-China trade war. "If we have widespread tariffs and a protectionist world, that's going to be bad for American ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... inventory re-stocking in the first three months of this year -- all in anticipation of stronger consumer spending. US businesses have every reason for their optimistic expectations for a rebound in consumer spending. The annual growth in wages and salaries ...