Australia's ANZ first-half profit rises on staff cuts, though margins shrink

Australia's ANZ first-half profit rises on staff cuts, though margins shrink

SYDNEY (Reuters) – Australia and New Zealand Banking Group Ltd said on Wednesday staff cuts helped lift first-half cash profit by 2 percent to A$3.56 billion ($2.5 billion), although interest margins fell to their lowest level in more than a decade. FILE PHOTO: …
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Qantas prepares for life after Joyce, but not just yet

Qantas’ latest management shuffle may give the impression that the group is preparing for life after Alan Joyce. That’s not entirely true. While there’s no doubt that what appears to be a continual reshuffling of Qantas’ senior executive ranks is designed to …
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Malaysia's Ringgit and Stocks Are Set for a Rebound, Ex-CIMB Chief Nazir Says

“Investors don't like short-term uncertainties,” Nazir, who started a private equity fund after a three-decade banking career, said in a Bloomberg
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Former Google CEO Eric Schmidt Stepping Down From Alphabet Board

Eric Schmidt, the former chief executive officer of Google and one of the largest stakeholders in parent company Alphabet Inc., will step down from
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Health-Focused Meal Delivery Service Trifecta Puts Beyond Burgers On The Menu

Beyond Meat beefed up its expected share price and valuation a day ahead of its Wednesday initial public offering, betting that fast-growing demand for plant-based meat replacements like the Beyond Burger will put the company’s value at about $1.49 billion.
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