Australia Financial News

Australia’s largest integrated provider ofcancer care, Icon Group, backed by private equity firm EQT, is expanding its services into the UK after penning a new deal with Nuffield Health, the nation’s biggest healthcare charity.

Women's World Cup kicked off in Australia and New Zealand a month ago with some doubts it could deliver on lofty ambitions. Those concerns eased well before Sunday's final where Spain were crowned first-time champions by beating England 1-0 at a packed Stadium Australia in Sydney. Less than a year after a player revolt tore the Spanish squad apart, La Roja's triumph was only one of the surprises for record crowds and TV audiences through the month-long festival of women's football. Fears the first 32-team Women's World Cup might suffer for its size proved groundless, as did predictions of another processional victory for the United States. Sunday's final was the first without either the U.S. or Germany involved, the four-times champion Americans dumped out of the round-of-16 by Sweden and the Germans exiting before the knockout phase. The U.S.'s exit via penalty shootout ended a dynasty after back-to-back titles in 2015 and 2019. U.S.

₹1,000- 2,500 crore. “This milestone aligns with our strategic goal of expanding in geography and client base underscoring our commitment to extend the concept of modularization to onshore projects," Subramanian Sarma, whole time director and senior executive vice president, energy, L&T, said.

Is there a way to safeguard your assets through a prenuptial agreement before your wedding? A prenup pact can help you only to a limited extent. This is because there is no formal legislation on prenuptial agreements in India.

New Delhi: The 27th edition of Exercise Malabar concluded on the East Coast of Australia off Sydney on 21 August, the ministry of defence said. The exercise saw participation of ships, submarines and aircraft from the Indian Navy (IN), Royal Australian Navy (RAN), Japan Maritime Self Defence Force (JMSDF) and the US Navy (USN).

(Reuters) — U.S. insurance broker Marsh, a unit of Marsh & McLennan, said on Sunday that it would acquire Australia's Honan Insurance Group, it said in a statement on Sunday.

The chief executive of Australia’s largest out-of-home media company, ASX-listed oOh!media, says the decline of free-to-air TV can boost the billboard and digital screen advertising market by $500 million.

Singapore buyout group Southern Capital is preparing to test buyer appetite for its medical practices business, Qualitas Health, appointing Bank of America to assist with the transaction.

Australia has witnessed a boom in family offices over the past decade as the country’s long recession-free streak delivered untold wealth to the richest families, new data shows.

By Samuel Indyk

Health insurers will have start lifting premiums at a much faster rate to stay ahead of higher claims, but NIB Holdings chief executive Mark Fitzgibbon says any price hike will be far lower than the huge 20 per cent increase to home and car insurance costs.

Qantas could be forced to compensate passengers who lawyers say were misled into using flight credits when they should have been entitled to cash refunds, as well as pay interest on money customers have been unable to access for up to three years.

The potential demerger of the retail brands within Solomon Lew’s $3.5 billion Premier Investments empire is in keeping with the billionaire’s long track record of making as much from deal-making as he has from the appeal of his wares themselves.

Fortescue will start building its $US2 billion ($3.1 billion) Australian iron ore mine and rail project within three years, according to regulatory filings that contradict chairman Andrew Forrest’s suggestion in February that the mine had been deferred until the 2030s.

IAG has disclosed $7 billion in legal claims stemming from insurance written by a former commercial partner, most of which is represented by policies issued to collapsed financier Greensill Capital.

Matthew Nicholls, the former co-head of Morgan Stanley Wealth Management, has reappeared at Wilsons as head of private wealth advice.

Sony PS5 standard disc edition at ₹47,490 only at participating retailers. The discount will be applicable from August 24, 2023 through September 2nd, 2023. As announced by the company, the ₹7,500 off PS5 promotion will be available at Amazon, Flipkart, Shopatsc, Reliance, Croma, Vijay Sales & select retailers The PS5 gaming console has two editions- the Standard and the Digital Edition.

BRICS summit will focus a lot on the plans of the expansion of the international grouping. Member nation China will be trying its best to push the BRICS bloc of emerging markets to evolves as a full-scale rival to the G7 this week, reported the Financial Times The BRICS summit will take place in Johannesburg from Wednesday. It will be joined by several leaders of of the developing countries.

Australia’s largest steelmaker, BlueScope, will spend $1.15 billion relining a blast furnace at its Port Kembla steelworks in what chief executive Mark Vassella describes as a “bridge to the future”, with old-school steelmaking processes needed for at least 10 years.

Insurance giant IAG has warned premiums will keep rising, blaming inflationary pressures and the cost of protecting itself from large disasters.

Asian markets stumbled on Monday after China delivered a smaller cut to lending rates than markets had counted on, continuing Beijing's run of disappointing stimulus steps. China's central bank trimmed its one-year lending rate by 10 basis points and left its five-year rate unmoved, a surprise to analysts who had expected cuts of 15 basis points to both. Disappointment at the meagre move saw Chinese blue chips ease 0.3%, while the Australian dollar took a dip as a liquid proxy for China risk.