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Showing 981 - 990 of 1026 results for "King"

AMP now chasing respect from ratings organisations

AAP  |  MONDAY, 8 MAR 2004
The new look AMP will be far more disciplined in its approach towards acquisitions with surplus cash being used to pay down debt over the course of the next 12 to 18 months. AMP chief executive Andrew Mohl said the company wanted to improve its standing ...

AMP books $5.5 billion loss for 2003 after writedowns

AAP  |  THURSDAY, 4 MAR 2004
AMP today booked Australia's second biggest corporate loss, with writedowns and costs from spinning off its British operations leaving the group $5.542 billion in the red in 2003. The loss for AMP, which demerged its struggling United Kingdom business ...

Six Aussies make Forbes Richest List

AAP  |  FRIDAY, 27 FEB 2004
... the list headed for the 10th year in a row by Microsoft co-founder Bill Gates. Last year Mr Murdoch was 54th. Fellow media king Kerry Packer, 66, is the next Australian, just outside the top 100 at 111, up from 147th last year with an estimated wealth ...

Australia second cheapest place to do business

AAP  |  FRIDAY, 20 FEB 2004
Australia is the second cheapest place in the world to do business and is only marginally more expensive than Canada, a new study has found. Business firm KPMG released the results of its study of 11 industrialised countries. Australia's cost-competitiveness ...

OECD leading indicator data reveals moderate to strong recovery ahead

The Organisation for Economic Cooperation and Development (OECD) has said that its 30-member states are likely to experience moderate to strong recovery ahead according to the latest composite leading indicators (CLIs). October data had signalled continued ...

NAB boss says UK operations in good shape

AAP  |  FRIDAY, 28 NOV 2003
National Australia Bank Ltd chief executive Frank Cicutto has defended the bank's United Kingdom operations, saying they are still well positioned for growth. Mr Cicutto said there had been "a lot of noise and debate about our UK operations". However ...

ANZ raises $3.4 billion in rights issue, bookbuild for shortfall

AAP  |  THURSDAY, 27 NOV 2003
ANZ Banking Group Ltd said today its rights issue to help fund the acquisition of National Bank of New Zealand raised $3.4 billion. The bank had targeted $3.6 billion through the issue and the $200 million shortfall will be achieved through a bookbuild ...

CFOs produce their own guide to risk management

AAP  |  WEDNESDAY, 26 NOV 2003
As investor scrutiny of public companies intensifies, chief financial officers of Australia's major enterprises have moved to strengthen their risk management processes. A group of chief financial officers (CFOs) have released a comprehensive guide ...

NAB takeover of AMP a risk to BT if executed well: BT

AAP  |  FRIDAY, 21 NOV 2003
BT Financial Group today said a National Bank of Australia (NAB) Ltd takeover of AMP Ltd would be a risk to its business if it was executed well. NAB holds a five per cent stake in AMP and has been eyeing it as a takeover target once the troubled financial ...

Macquarie Financial sells South African joint venture holding

Macquarie Financial Services Group today announced it has sold its 33.33 per cent shareholding in its South African joint venture, Innofin, to its joint venture partner, Sanlam. Macquarie's interest in Innofin was sold for R 90 million ($A18.7 million) ...