Macquarie commodities and markets boss earns $39 million, trumping CEO
SYDNEY (Reuters) – Macquarie Group’s commodities and global markets (CGM) division head earned about A$57.6 million ($39 million) for the…
Business
Exclusive-U.S. officials assessing possible ‘manipulation’ on banking shares -source
By Chris Prentice, Trevor Hunnicutt and Andrea Shalal NEW YORK (Reuters) – U.S. federal and state officials are assessing whether…
Kellogg buys key ingredient from conflict-ridden Sudan but sees no shortage now -CEO
By Jessica DiNapoli NEW YORK (Reuters) -Kellogg Co has a stable reserve of a key ingredient used in its Pop…
Downer faces second class action lawsuit over breach of contract disclosures
(Reuters) – Australia’s Downer EDI said on Friday it was served with a second class action lawsuit by certain shareholders…
Australia central bank frets over upside risks to inflation as it warns on rates
SYDNEY, May 5 (Reuters) – Australia’s central bank on Friday warned that risks to inflation were on the upside given…
Tesla raises prices for new Model S, Model X in China
BEIJING (Reuters) – Tesla Inc has raised prices for its new Model S and Model X vehicles in China by…
Macquarie posts record profits on higher income from commodities arm
By Praveen Menon and Roushni Nair (Reuters) -Australia’s Macquarie Group on Friday forecast higher short-term income from its lucrative commodities…
How a US debt crisis standoff could cause a recession – a bad one
By Ann Saphir and Dan Burns WASHINGTON – A fight between Republicans and Democrats over the debt limit ceiling could…
Expedia Group beats Street estimates on record lodging bookings
By Doyinsola Oladipo NEW YORK (Reuters) -Expedia Group Inc on Thursday beat Wall street estimates for first-quarter revenue on record…
Aussie watchdog rejects Virgin Australia-Alliance Aviation charter deal
(Reuters) -Australia’s competition regulator said on Friday it has declined to reauthorise an agreement between Virgin Australia and Alliance Aviation…