David Ellis News
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Women led eight of Washington’s 50 most politically active trade lobby groups and earned about $600,000 less than their male counterparts, according to salary data compiled by Bloomberg.
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Commonwealth Bank of Australia, the nation’s largest lender by market value, reported third-quarter cash profit of A$1.9 billion ($1.9 billion) on more profitable lending and controlled expenses.
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National Australia Bank Ltd., the country’s largest lender by assets, boosted first-half cash profit by 3.1 percent on higher earnings in personal and wholesale banking.
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Australia & New Zealand Banking Group Ltd. climbed the most in four years to a record in Sydney trading after posting a 10 percent increase in first-half cash profit and raising dividends.
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Westpac Banking Corp., Australia’s second-biggest lender by market value, will pay a special dividend for the first time since 1988 after first-half cash earnings rose 10 percent as its expense ratio narrowed.
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When dry weather destroyed Leonard McKissick’s soybeans last year, U.S. government-backed insurance paid him $40,000, the bulk of his loss.
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After spending more money on acquisitions across Asia than any domestic rival, Australia & New Zealand Banking Group Ltd. would do better for its shareholders by unraveling some of that wager.
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Asset Management Corp. of Nigeria will own about 14 percent of Lome, Togo-based Ecobank Transnational Inc. after its acquisition of Oceanic Bank International Plc, Ecobank said.
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The spending bill Congress passed shows $1.2 trillion in budget cuts that weren’t supposed to happen are now part of the political landscape.
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Business and labor leaders are close to resolving a dispute over visas for low-skilled foreign workers as lawmakers draft a broad revision of U.S. immigration laws, a Democratic senator involved in the discussions said.
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