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Showing 81 - 90 of 453 results for "Middle East"

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... on offer," Knight Frank joint national head of private office Sarah Harding said. "Ultra-wealthy investors from the Middle East and Europe are leading the charge in growing demand for collectables, while nearly all of the Australasian investors are expected ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... the affected countries can keep a lid on the spread of the virus. With COVID-19 now spreading through Europe and the Middle East, that looks unlikely." Shane Oliver, chief economist at AMP Capital, said that March quarter growth is already likely to ...

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
... outflows from the firm, there were some positive signs with net-new money in markets such as Australia, Japan and the Middle East," Sanderson said.

HSBC to cut 35,000 jobs

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... billion in assets, shrink its investment bank and close a third of its US branches as it shifts focus to Asia and the Middle East. Interim chief executive Noel Quinn said the changes are significant and warned of "meaningful" reductions to the workforce ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
The same way as a computer virus freezes the computer's operating system, the coronavirus - renamed COVID-19 - has forced China into lockdown and slowed, if not completely frozen, economic activity in the country. But even without the government-mandated ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Generale, working as a trader, credit analyst and in sales for the French bank's loan syndications across Europe, the Middle East and Africa. In his new role, Benveniste will be based in Sydney. He has been tasked with building investor interest ...

CIMIC replaces chief after $1b write-off

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... yet to be announced. The news comes after the construction company recorded a $1.8 billion loss, after exiting the Middle East market, blaming tough market conditions. CIMIC executive chair Marcelino Fernandez Verdes said Santamaria is a civil engineer ...

Perpetual to build US distribution

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
... weeks," the company said in a statement. At the same time, it will extend its reach to key targets in Asia Pacific, the Middle East and into Europe under the leadership of head of global distribution Adam Quaife, the company said. Perpetual chief executive ...

CIMIC in $1.8b writedown

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
... country's largest construction company has reported a loss of $1.8 billion, blaming tough market conditions in the Middle East. CIMIC announced the writedown in a submission on the ASX saying the decision to exit the Middle East market came after completing ...

New chief at HSBC Australia

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... He succeeded Martin Tricaud, who left the Australian chief executive role to move to Dubai and head up HSBC's Middle East, North Africa and Turkey business. Mclean has been with HSBC since 1996 and has worked for the global bank across Asia-Pacific ...