News archive from 22 April 2013

Blackstone co-founder starts $292 million China scholarship

Schwarzman ... giving $US100 million of his personal wealth to the Schwarzman Scholars program. Photo: Reuters Stephen Schwarzman, the billionaire chairman of Blackstone Group LP, is setting up a $US300 million ($292 million) scholarship for foreign...

 

Blackstone co-founder starts $292 million China scholarship

Schwarzman, 66, is giving $US100 million of his personal wealth to the Schwarzman Scholars program, which will enroll students from the US as well as Europe, South Korea, Japan, India, Australia and other nations, according to a statement today. The...

 

IMF calls for action on growth

The policy-setting committee for the 188-nation International Monetary Fund (IMF) on Sunday said governments needed to act decisively to nurture a lasting recovery and restore the resiliency of the global economy. But the major economies could not...

 

Blackstone co-founder starts $292 million China scholarship

Schwarzman, 66, is giving $US100 million of his personal wealth to the Schwarzman Scholars program, which will enroll students from the US as well as Europe, South Korea, Japan, India, Australia and other nations, according to a statement today. The...

 

IMF calls for action on growth

The policy-setting committee for the 188-nation International Monetary Fund (IMF) on Sunday said governments needed to act decisively to nurture a lasting recovery and restore the resiliency of the global economy. But the major economies could not...

 
How to spot an investment bubble

How to spot an investment bubble

THEY are the investment phenomenon which makes a person's wildest financial dreams come true and then instantly shatters them. Investment "bubbles" have been inflating and bursting for hundreds of years. The wild ride of the gold price and...

 

Blackstone co-founder starts $292 million China scholarship

Schwarzman, 66, is giving $US100 million of his personal wealth to the Schwarzman Scholars program, which will enroll students from the US as well as Europe, South Korea, Japan, India, Australia and other nations, according to a statement today. The...

 

IMF calls for action on growth

The policy-setting committee for the 188-nation International Monetary Fund (IMF) on Sunday said governments needed to act decisively to nurture a lasting recovery and restore the resiliency of the global economy. But the major economies could not...

 

Jessica Sussan Wishart sues McDonald's franchise over burns from hot coffee

AN ADELAIDE woman is suing a McDonald's franchise over a hot coffee. Jessica Sussan Wishart, 22, says a cup of coffee inflicted multiple second-degree burns to her inner leg, leaving her in excruciating pain. Her lawsuit mirrors that of US pensioner...

 
WA still nation's economic powerhouse

WA still nation's economic powerhouse

WESTERN Australia is still the nation's economic powerhouse. But the gap between the best- and worst-performing states in the country appears to be widening, CommSec's quarterly State of the States economic performance report says. It shows WA is...

 

Jessica Sussan Wishart sues McDonald's franchise over burns from hot coffee

AN ADELAIDE woman is suing a McDonald's franchise over a hot coffee. Jessica Sussan Wishart, 22, says a cup of coffee inflicted multiple second-degree burns to her inner leg, leaving her in excruciating pain. Her lawsuit mirrors that of US pensioner...

 
WA still nation's economic powerhouse

WA still nation's economic powerhouse

WESTERN Australia is still the nation's economic powerhouse. But the gap between the best- and worst-performing states in the country appears to be widening, CommSec's quarterly State of the States economic performance report says. It shows WA is...

 
Ex-HSBC worker Herve Falciani says US told him to flee to Spain

Ex-HSBC worker Herve Falciani says US told him to flee to Spain

A FORMER HSBC employee fighting extradition to Switzerland for allegedly stealing banking data that exposed thousands of suspected tax dodgers reportedly says US officials advised that he flee to Spain because his life was at risk. Herve Falciani, a...

 
CSL boss quizzed on cartel

CSL boss quizzed on cartel

Outgoing CSL boss Brian McNamee, one of Australia's most respected CEOs who turned the sleepy government-owned vaccines group into a global healthcare giant, has appeared before lawyers to answer questions about the company's alleged involvement in an...

 
Ex-HSBC worker Herve Falciani says US told him to flee to Spain

Ex-HSBC worker Herve Falciani says US told him to flee to Spain

A FORMER HSBC employee fighting extradition to Switzerland for allegedly stealing banking data that exposed thousands of suspected tax dodgers reportedly says US officials advised that he flee to Spain because his life was at risk. Herve Falciani, a...

 
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