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Australian retail shareholder group says to vote against AMP pay proposals

8 hours ago DieselGasoil Comments Off on Australian retail shareholder group says to vote against AMP pay proposals
SYDNEY (Reuters) – Australia’s most prominent retail shareholder group said on Wednesday it will vote against AMP Ltd’s executive pay proposals for a second straight year, adding to pressure on the board of the country’s largest listed wealth manager. FILE PHOTO: The logo of AMP Ltd, Australia’s biggest retail wealth manager, adorns their head office Read More

Australia government moves to head off water scandal ahead of election

1 day ago DieselGasoil Comments Off on Australia government moves to head off water scandal ahead of election
SYDNEY (Reuters) – Australia’s government moved on Tuesday to head off a potential scandal over state water purchases that has fueled opposition allegations of improper spending weeks before a general election. In August 2017, the government paid A$78.9 million ($56.2 million) for 28.7 gigaliters of water entitlements from Eastern Australia Agriculture, a company founded by Read More

Environment emerges as major issue for Australian voters

2 days ago DieselGasoil Comments Off on Environment emerges as major issue for Australian voters
A man snorkels in an area called the “Coral Gardens” near Lady Elliot Island, on the Great Barrier Reef, northeast of Bundaberg town in Queensland, Australia, June 11, 2015. REUTERS/David Gray/File Photo MELBOURNE (Reuters) – The environment has emerged as a major issue for Australian voters, a poll showed on Sunday, but healthcare and the Read More

Australia will pay back Timor-Leste’s oil revenue, Jose Ramos-Horta says

3 days ago DieselGasoil Comments Off on Australia will pay back Timor-Leste’s oil revenue, Jose Ramos-Horta says
By Helen Davidson on 4/21/2019 SYDNEY (The Guardian) — Jose Ramos-Horta, the former president of Timor-Leste and Nobel laureate, says he believes Australia will reimburse “every cent it wrongly received” after the countries signed a maritime border treaty last year. His comments are in response to revelations in Guardian Australia that the Australian government was Read More

Oil prices inch up on signs of tighter global supply

6 days ago DieselGasoil Comments Off on Oil prices inch up on signs of tighter global supply
NEW YORK (Reuters) – Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. FILE PHOTO: An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February Read More

Oil prices slip, but ongoing supply cuts support

6 days ago DieselGasoil Comments Off on Oil prices slip, but ongoing supply cuts support
TOKYO/SYDNEY (Reuters) – Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles north of the Read More

Oil prices slip amid ample U.S. output, Brent drifts away from five-month high

6 days ago DieselGasoil Comments Off on Oil prices slip amid ample U.S. output, Brent drifts away from five-month high
TOKYO/SYDNEY (Reuters) – Oil prices dropped on Thursday as the impact of plentiful U.S. production offset a surprise decline in U.S. inventories, leaving international benchmark Brent retreating from a five-month high touched in the previous session. FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles Read More

Asia comforted as China data hint at recovery

1 week ago DieselGasoil Comments Off on Asia comforted as China data hint at recovery
SYDNEY (Reuters) – Asian share markets pulled ahead on Wednesday as investors were relieved after a raft of Chinese data beat expectations in a sign Beijing’s policy stimulus may finally be gaining traction in the world’s second-largest economy. FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, Read More

Asia relieved as China data point to recovery

1 week ago DieselGasoil Comments Off on Asia relieved as China data point to recovery
SYDNEY (Reuters) – Asian share markets swung higher on Wednesday as a raft of Chinese data easily beat expectations in a sign Beijing’s policy stimulus may finally be gaining traction in the world’s second-largest economy. FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. Read More

Asia holds breath for China data dump, NZ dollar slides

1 week ago DieselGasoil Comments Off on Asia holds breath for China data dump, NZ dollar slides
SYDNEY (Reuters) – Asian share markets got off to a guarded start on Wednesday as investors waited anxiously for a raft of Chinese data that might show policy stimulus is finally gaining traction in the world’s second-largest economy. FILE PHOTO: A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, Read More