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Showing 4891 - 4900 of 29064 results for "PRI"

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
French utility company Veolia has agreed to sell its Suez's UK waste business to Macquarie Asset Management (MAM) for $3.5 billion. MAM will acquire 100% of the share capital of Suez Recycling and Recovery UK Group. Veolia has been selling off parts ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...

Jameson Capital appoints chief operating officer

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
Jameson Capital has appointed Philippa Davies as its first chief operating officer. In the newly created role, she will oversee the finance function at Jameson including compliance management and investor reporting. She will also assist the founding ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Australians are missing out on potential retirement returns by not regularly salary sacrificing, according to new research by Finder. A Finder survey has shown 86% of Australians don't top up their super fund regularly. What's more, it found only one ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
The Labor government is cracking down on multinational enterprises (MNEs) avoiding tax and transparency. Last week, Treasurer Jim Chalmers said it's the government's priority to make sure that multinational corporations pay a fair share of tax where ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ...

Hong Kong investor buys Hilton Hotel

CHLOE WALKER  |  MONDAY, 8 AUG 2022
In the largest single-asset hotel deal ever closed in Australia, Barings Private Equity Asia (BPEA) has officially acquired the Hilton Sydney Hotel for $530 million. The purchase of the five-star hotel was made via BPEA's affiliated real estate fund ...

Australian Eagle team to join Montgomery IM

JAMIE WILLIAMSON  |  MONDAY, 8 AUG 2022
The team at Australian Eagle Asset Management will join Montgomery Investment Management as part of a new partnership next month. The six-person team, led by chief investment officer Sean Sequeira and senior portfolio manager Alan Kwan, will join under ...