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Showing 21 - 30 of 2485 results for "Oil"

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 ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... said: "Inflation is significantly above the RBA's target band and likely to increase further, notwithstanding declining oil prices and an increasing risk of global recession." "The RBA's hand is likely to be forced by increasingly aggressive ...

AMP appoints new chief financial officer

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022
... strategic sourcing, and workplace experience. Most recently, Fredricson was acting chief executive and chief financial officer of Oil Search Limited where he oversaw the merger with Santos. Prior to this, he was chief financial officer of APA Group. ...

BetaShares adds to thematic ETF lineup

CHLOE WALKER  |  MONDAY, 17 OCT 2022
... XMET includes several ESG screens to remove companies that receive material revenue from certain business activities, such as oil and gas production as well as thermal coal extraction. "We're excited to add XMET to our leading range of sustainability ...

Future Generation expands Plato mandate

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
... (the MSCI World Net Returns Unhedged Index) by 10.19% gross of fees. This outperformance was against a backdrop of buoyant oil, gas, and coal prices, and the underperformance of many sustainability branded strategies. Plato Investment Management's head ...