Stuart Condie
Markets Reporter at The Wall Street Journal
Dad, husband, migrant | @WSJ reporter | THFC | No longer using Twitter | Reach me at [email protected]
Articles
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1 week ago |
tradingview.com | Stuart Condie
By Stuart CondieSYDNEY--Logistics-software provider WiseTech Global said it has identified several potential candidates to succeed its scandal-hit founder as CEO and expects to announce an appointment by November. The Australian company is preparing a shortlist of candidates with a view to finalize an appointment ahead of WiseTech's annual general meeting scheduled for Nov. 21, it said Wednesday.
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1 week ago |
wsj.com | Stuart Condie
SYDNEY–Taco Bell’s Australian franchise operator is exiting the business after the Mexican fast-food chain failed to meet its expectations. Collins Foods, which is also Australia’s largest operator of KFC restaurants, on Tuesday said that it aimed to transition its Taco Bell restaurants to new owners within the next 12 months. It said it is in talks with Yum! Brands’ YUM 0.69%increase; green up pointing triangle Taco Bell International segment about its plans.
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2 weeks ago |
wsj.com | Stuart Condie
Many companies are taking a wait-and-see attitude on responding to President Trump’s tariffs, but one company has made up its mind. Australia’s Ansell, which makes safety gloves for industrial and medical uses, said Friday it would offset the effects of tariffs by charging customers more. Ansell generates about 43% of its revenue in the U.S. and makes most of its products in Asian countries that face tariffs of more than 20% and sometimes above 40%.
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3 weeks ago |
tradingview.com | Stuart Condie
ANZ's Capital Requirements Hiked Again Over Weak Risk ManagementANZSYDNEY--Australia's ANZ Bank has had the amount of additional capital it must hold hiked by more than $150 million for the second time in less than a year after the country's prudential regulator said the lender had not addressed weakness in non-financial risk management.
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3 weeks ago |
tradingview.com | Stuart Condie
WiseTech Working on CEO Succession Amid Shareholder DisquietWTCSYDNEY--WiseTech Global is working on succession planning for scandal-hit Executive Chair Richard White after shareholders told the logistics-software provider that they want a new CEO. The Australian company on Monday said that its board and co-founder White had made significant progress on a detailed succession plan. The board, including two new directors announced Monday, will consider the plan and update the market within weeks.
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