Business

Australia's Macquarie Group acquires UK's Green Investment Bank

CLSA has a buy rating on Macquarie Group.

Australia's Macquarie has been forced to make a string of concessions with its £2.3 billion ($3.9) takeover of the UK's Green Investment Bank after a fierce backlash and claims that it is "worst kind of company" to be carrying out the organisation's environmental mission.

Credit Suisse facing unprecedented pay revolt

Tidjane Thiam, chief executive of Credit Suisse, observed last week that, as an entire sector, European banks are still ...

Credit Suisse Group AG is facing growing opposition to its bonus plans for executives and directors, with a third advisory group recommending shareholders reject this year's pay packages as excessive.

Nasdaq tops 6000 mark

The top five US companies by market capitalisation, Apple, Alphabet, Microsoft, Amazon.com and Facebook, are Nasdaq ...

The Nasdaq Composite crossed the 6000 mark for the first time, bolstered by gains in a handful of large-cap tech names.

Iron ore begins multi-year slump

The commodity will drop to $US70 a tonne this year, $US55 in 2018, and slump to $US46 by 2021, according to the research ...

Iron ore's early-year rally might prove to be a high-water mark for at least the next half decade, according to BMI Research.

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