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Australia: Shares flat in muted trade, Treasury Wine climbs

2014-05-02 11:46:29| Automakers - Topix.net

Financials rebounded from a sell-off over previous sessions. Commonwealth Bank of Australia and Australia and New Zealand Banking Group both added 0.4 per cent while National Australia Bank was up 0.3 per cent.

Tags: australia trade flat wine

 

Treasury rumoured to be in sights of French giant

2014-05-02 05:33:22| Beverages - Topix.net

Shares in Treasury Wine Estates, the world's biggest listed winemaker and owner of brands such as Penfolds, Wolf Blass and Rosemount, have rocketed nearly 15 per cent this morning on rumors that global French drinks giant Pernod Ricard could be circling to snap up key assets of the business including its billion dollar US vineyards and wine labels.

Tags: french giant treasury sights

 
 

Exclusive: Curbing tax-driven business moves abroad a priority - U.S. Treasury

2014-05-01 02:50:15| Biotech - Topix.net

The Obama administration is seeking ways to curb tax-dodging by U.S. businesses that reincorporate overseas, a U.S. Treasury official told Reuters on Wednesday, highlighting growing concern about deals known as "inversions."

Tags: us business exclusive priority

 

U.S. Treasury chief to visit Detroit

2014-04-21 17:40:44| Automakers - Topix.net

U.S. Treasury Secretary Jacob Lew will make a two-day trip to Detroit this week, the latest high-profile visit by the Obama administration to the Motor City working to exit bankruptcy.

Tags: visit chief detroit treasury

 

US: Treasury Wine Estates appoints new Beringer brand chief

2014-04-16 14:36:17| Daily beverage news and comment - from just-drinks.com

Treasury Wine Estates (TWE) has recruited a former E&J Gallo and Heinz executive to take responsibility for its Beringer wine brand domestically and globally.

Tags: brand chief wine treasury

 

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