Latest news with #SharonKlyne
Bloomberg
3 days ago
- Business
- Bloomberg
Brookfield Nurses $1.3 Billion Loss in Australia
Welcome to The Brink. I'm Sharon Klyne, a reporter in Sydney, where I'm looking at Brookfield's failed bet on an Australian hospital group. We also have news on disqualified lender lists, QVC Group, New World and EchoStar. Follow this link to subscribe. Send us feedback and tips at debtnews@ Healthscope, an Australian hospital group owned by Brookfield, entered into administration this week, leaving one of the world's largest alternative asset managers nursing an estimated A$2 billion ($1.3 billion) loss, according to people familiar with the matter.
Bloomberg
18-03-2025
- Business
- Bloomberg
Commonwealth Bank CEO Says Australia Resilient to Trade War Risk
By and Sharon Klyne Save The chief of Australia's biggest bank said the country is well placed to weather the risks of a trade war, even after Donald Trump's whipsaw tariff announcements recently spurred a steep selloff in global equity markets. Australia's overall trade balance with partners beyond the US as well as its regional security make it resilient to increasing geopolitical uncertainty, Commonwealth Bank of Australia Chief Executive Officer Matt Comyn said on Tuesday at the Australian Financial Review Banking Summit in Sydney.
