ASX closes at seven-month high
The benchmark S&P/ASX 200 index eclipsed a milestone before pulling back, but the Australian sharemarket still closed at a seven-month high.
AMP Limited
Pharma giant pauses vaccine trial
Johnson & Johnson has temporarily paused its COVID-19 vaccine trial due to an unexplained illness in a study participant.
ASX closes at 7-week high
NSW inquiry told of ‘failure of culture’ at Crown, while ASX closes up 0.5pc at 7-week high.
Deals picking up: Goldman chair
Christian Johnston’s promotion will see Nick Sims and Zac Fletcher as co-heads of investment banking, with Marissa Freund promoted to head of M&A.
Golden rock defies Covid at Diggers & Dealers
Mining Veteran Peter Cook is scheduled to take to the stage at the Palace Hotel on Monday night to belt out a few AC/DC covers with his band.
Investors bet US earnings have turned corner
Third-quarter profits among companies in the S&P 500 are expected to have fallen from last year, but analysts have been lifting their estimates.
Pressure builds for AMP break-up
AMP’s beleaguered board wants to provide a shareholder update on the potential sale of all or parts of the 171-year-old wealth group.
Caution over Bendigo pitch for AMP Bank
Analysts at Jefferies have expressed caution about an acquisition by Bendigo and Adelaide Bank of AMP’s $1bn banking operations.
Historic sweep
Architect Ian Traill is selling his historic six-bedroom South Australian bolthole in the foothills of the Adelaide Hills.
Share market hits five-week high
The Australian share market held firm to remain at levels last seen five weeks ago, a better than expected result, with gold and oil stocks faring well.
$22m Byron home sells in five days
One of Byron Bay’s most prestigious beachfront mansions has been sold by Morgan & Banks’ Geoff Morgan.
AMP to cut jobs by ‘up to 20pc’
A far-reaching staff redundancy program will curb costs and centralise some functions across its Australia and capital business units.
Corporate Travel could buy more: Macquarie
Macquarie analysts think the acquisition of T&T Group may be just the beginning for Corporate Travel Management.
‘Licence to operate’ drives mining risks: E&Y
A ‘licence to operate’ is the biggest business risk for the mining industry, according to Ernst & Young.
Casual labour shortage a sign of problems to come
Stagnant population growth is not in the national interest.
Poor ethics ‘causes value destruction’: McMurdo
Controversies at Rio Tinto and AMP underscore key risks around destruction of value, says Australian Ethical Investment CEO.
‘We will be dangerous’, Corporate Travel warns
Corporate Travel Management is ready to take on the world after its purchase of T&T was consummated in just three days, its CEO says.
Dexus, Charter Hall ‘circling’ AMP real estate platform
The $4.6bn Australian wealth manager AMP is understood to have turned its attention to the sale of its entire real estate platform.
Cold shoulder for Snowy Hydro
A weak trading environment is expected to crimp earnings and heavy spending on its Snowy 2.0 expansion underline a tight balance sheet.
Banks, miners weigh on ASX
Banks and miners weighed on the ASX 200 and Westpac’s Bill Evans pushed his RBA easing prediction out to November from October.
Original URL: https://www.theaustralian.com.au/topics/amp-limited/page/5