Driven to drink – and this M&A partner couldn’t be happier

Driven to drink – and this M&A partner couldn’t be happier

Dec 5, 2019 — 11.55amDLA Piper partner James Stewart blames the law for driving him to drink. Or at least to making it."The year that I turned 40, I had this sense of 'when am I going to be living the life that I want to live rather than always working towards it'."It was 2016…
JPMorgan banker quizzed in cartel case

JPMorgan banker quizzed in cartel case

Mr Galvin testified that he met with both JPMorgan's lawyer and his own lawyers throughout March 2016, and then met with the bank's legal team at Gilbert + Tobin, who originally helped the bank through the immunity process.This was before he received communication about immunity offers in June 2016.This could add fuel to an argument…
Big banks rally on NZ capital changes

Big banks rally on NZ capital changes

Dec 5, 2019 — 10.19amThe share prices of Australia's biggest banks have ticked up upon the release of final guidelines on capital from the New Zealand regulator which have been relaxed after a long period of consultation.On Thursday, the Reserve Bank of New Zealand - a dual regulator which acts as the prudential regulator as well…
Jan Cameron backs Chinese takeover of Bellamy’s

Jan Cameron backs Chinese takeover of Bellamy’s

Dec 5, 2019 — 10.11amOrganic infant formula maker Bellamy's Australia will be swallowed by China Mengnui Dairy Company after long time backer and key shareholder Jan Cameron backed the $1.5 billion takeover.Proxy votes showed Thursday morning that 98.92 per cent of votes were in favour of the controversial deal. Ms Cameron was the last major…
Boeing chief engineer at center of 737 MAX crisis retires – Seattle Times

Boeing chief engineer at center of 737 MAX crisis retires – Seattle Times

The company told employees that Boeing Commercial Airplanes chief engineer John Hamilton, who was appointed in March to lead its response to the deadly 737 MAX crashes and testified before Congress alongside CEO Dennis Muilenburg, is retiring.
Caltex parries takeover with retail site sales

Caltex parries takeover with retail site sales

Dec 5, 2019 — 9.27amCaltex Australia, the target of a $8.6 billion takeover bid from a Canadian suitor, has announced plans to sell 25 high-value petrol station sites for about $136 million and raise as much as $500 million through the sale of hybrid securities as it presents an alternative future for the company to…
Sydney’s trams to start on December 14

Sydney’s trams to start on December 14

Sydney's $2.9 billion light rail project will be open to the public in time for Christmas, with trams through the city's CBD and southeast to open by mid-December.NSW Premier Gladys Berejiklian announced on Thursday the long-awaited service will carry passengers for the first time on Saturday, December 14.Sydney's light rail to start operating on December…
The Mets are in talks to sell 80% of the team to billionaire hedge fund manager Steve Cohen

The Mets are in talks to sell 80% of the team to billionaire hedge...

The Mets are in talks to sell 80% of the team to billionaire hedge fund manager Steve Cohen
ASX to open higher; countdown to NZ bank capital decision

ASX to open higher; countdown to NZ bank capital decision

LiveUpdated Dec 5, 2019 — 9.09am, first published at 8.32am1 min ago – 9.09amBuru takes full control in Canning Basin tenementsLuke HousegoBuru Energy will assume full control of three exploration tenements in the Canning Basin in Western Australia, with Roc Oil to relinquish its half interest from the end of December.Buru will pay nominal consideration…
Purge of public sector mandarins expected

Purge of public sector mandarins expected

Dec 5, 2019 — 8.07amA major purge of the public service is expected with up to five departmental secretaries to be moved on.Canberra is rife with speculation that those to be moved on include Health Department Secretary Glenys Beauchamp, who was only appointed in September 2017.Also tipped to go are Renée Leon from the Department…