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Showing 9291 - 9300 of 9326 results for "Red"

IFSA launches MfundEC data standards online

The Investment and Financial Services Association (IFSA) has developed new MFundEC transaction based e-commerce standards to improve the efficiency of the Australian managed funds system through cost reductions from the use of electronic commerce in ...

Reach and Telstra agree to new loan terms

Telstra has announced that Reach, the 50/50 Asian infrastructure joint venture with PCCW Limited, had agreed with its banking syndicate new terms for its $2.5 billion loan facility. Telstra and PCCW will enter into capacity prepayment arrangements with ...

Court reduces sentence on errant company director: ASIC

The Australian Securities and Investments Commission (ASIC) today announced that the Victorian Court of Appeals had reduced the sentence given to Stephen O'Neill, a former Melbourne based company director, from five years jail to four years, with a ...

ASIC moves to further ease PDS burden

The Australian Securities and Investments Commission (ASIC) has again acted to ease the burden felt by companies due to their legal obligation to keep Product Disclosure Statements (PDSs) up-to-date. Reacting to industry pressure, ASIC has issued a ...

APRA hits back at hedge fund policy criticism

The Australian Prudential and Regulation Authority (APRA) has hit back at criticism over its March warning to superannuation funds about the possible perils of hedge funds. On Monday, Dominic McCormick, chief investment officer at fund of hedge funds ...

Citibank agrees to improve advertising disclosures: ASIC

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from Citibank in relation to allegations that the bank had conducted misleading advertising for its premium deposit account. The premium deposit account ...

Qantas to cut 1,000 jobs by June 30

Qantas Airways today announced that it would reduce its staff by 1,000 employees between now and June 30 as it reacts to lower passenger numbers due to the war in Iraq, the outbreak of the Severe Acute Respiratory Syndrome (SARS) and prevailing economic ...

ERG agrees $25.6 million bond terms for smart card projects

The Export Finance and Insurance Corporation (EFIC) has agreed to provide $25.6 million of performance bonds for overseas projects won by Western Australia transit software specialists ERG. ERG said the bonds comprise of $9 million for a project in ...

World airline industry faces worst crisis ever

The world airline industry is facing its worst crisis ever and according to the International Air Transport Association (IATA), the war in Iraq may cause some carriers to fold their operations. Andrew Drysdale, head of IATA's Asia Pacific division ...

ASIC takes action against Rural and General Insurance

The Australian Securities and Investments Commission (ASIC) has obtained orders in the Federal Court in Sydney requiring Rural and General Insurance Broking Pty Limited (Rural and General) to remove material from its website pending further orders. ...