Kevin Russell Leaves Telstra after 18 Months
Byline: Max Mason Sep 05, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Kevin Russell, Telstra's head of retail, has resigned from the telco with immediate effect. Telstra CEO Andy Penn...
View ArticleUS-China Trade War Risks Recession
Byline: Andrew Tillett Sep 05, 2017 (The Australian Financial Review - ABIX via COMTEX) -- US President Donald Trump has threatened to cease trading with any nation that trades with North Korea. Such...
View ArticlePay Shake-Up Looms for Nation's Retailers
Byline: Robert Gottliebsen Sep 05, 2017 (The Australian - ABIX via COMTEX) -- The majority of large Australian retailers have union-endorsed enterprise agreements, but grocery giant Coles is widely...
View ArticleTerraPay Secures Regulatory Approval from South African Reserve Bank for...
TerraPay announced that it has successfully obtained regulatory approval from South African Reserve Bank to launch Cross-border money transfer services in South Africa. This makes TerraPay the 5th...
View ArticlePolitics Are Not the Only Risk on the Horizon
Toby Nangle, Head of Multi-Asset, EMEA and Maya Bhandari, Multi-Asset Portfolio Manager at Columbia Threadneedle Investments, examine the risks looming on the horizon for financial markets and details...
View ArticleFalcon Private Bank Appoints New CEO
Walter Berchtold to hand over the CEO responsibilities of Falcon Private Bank to Martin Keller. Falcon Private Bank announces the change from Walter Berchtold as Chief Executive Officer to Martin...
View ArticleUS Government Bond Prices Trading Lower
Mihir Kapadia, CEO and Founder, Sun Global Investments US government-bond prices traded lower Wednesday as safe-haven demand faded and strong economic data was released. The yield on the 10-year US...
View ArticleFinancial Optimism Clouds Financial Planning among UAE Residents
Nearly nine in 10 people in the UAE (89 per cent) are supporting a parent or child financially, and most (73 per cent) say those they support would not manage well if their assistance were...
View ArticleDubai Economy Reaches out to Traders on Commitment Day
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy observed today as a 'Compliance Day,' as part of building awareness of commercial regulations and better compliance...
View ArticleMiddle East New Issues Will Exceed $20 Billion for Remainder of 2017
New issues for the remainder of 2017 are set to remain high, with estimates in excess of $20 billion, as a result of favourable market conditions, according to Fisch Asset Management, a global leader...
View ArticleEmirates NBD Saudi Arabia PMI: New Order Growth Accelerates to Sharpest since...
The health of the non-oil private sector continued to improve during August. Growth was supported by sharp expansions in new orders and output. Moreover, international demand for Saudi Arabian products...
View ArticleKey Takeaways from the SEC's Post-MCDC, Beaumont Cease and Desist Order
Byline: Gregg Bienstock While many would prefer the SEC's MCDC Initiative be a distant memory, on August 23, the SEC's Chief of the Enforcement Division's Public Finance Abuse Unit reminded issuers and...
View ArticleAgreement Revives Cuyahoga County Arena Financing Plan
Byline: Nora Colomer DALLAS -- Cuyahoga County, Ohio's plan to help finance renovations to the basketball arena in downtown Cleveland is making a comeback after a referendum challenging the debt...
View ArticleWeekly T-Bills Go at 1.020%, 1.115% High Rates on Sept. 5
Byline: Gary Siegel Tender rates for the Treasury Department's latest 91-day and 182-day discount bills were mixed, as the three-months incurred a 1.020% high rate, up from 1.020% the prior week, and...
View ArticleConference Board ETI Gains to 134.62 in Aug
Byline: Gary Siegel The Conference Board's Employment Trends Index (ETI) rose to 134.62 in August from a downwardly revised 133.60 in July, first reported as 133.77, and is up 4.6% from a year ago, the...
View ArticleState Comptroller Warns Connecticut to Pass a Budget
Byline: Paul Burton Connecticut Comptroller Kevin Lembo is the latest to warn the state to pass a budget or face more consequences from the capital markets. "The inability to pass a budget will slow...
View ArticleMoody's Sees Recovery for Utilities after Harvey
Byline: Richard Williamson DALLAS -- Investor-owned power utilities in Texas should be able to recover their costs of restoration in the wake of Hurricane Harvey, according to Moody's Investors...
View ArticleChicago Moving on New Sales-Tax Backed Bond Program
Byline: Yvette Shields CHICAGO -- Chicago will begin tapping a new sales tax-backed securitization-like borrowing program as soon as late October with plans to refund about $2.8 billion of sales tax...
View ArticleMerger Adds Midwest to Ballard Spahr's Footprint
Byline: Yvette Shields CHICAGO -- Ballard Spahr LLP will add a Midwest presence to its national footprint by joining forces with Lindquist & Vennum LLP. The firms announced Tuesday plans to merge...
View ArticleNew Jersey Hospital Merger Plan Would Create $2B Health System
Byline: Andrew Coen New Jersey's Cooper University Health announced plans last week to acquire three Catholic hospitals in a deal that would create the state's fourth largest healthcare chain. Cooper...
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