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The Latest Breaking News from Macquarie

Barbiecore and ‘spicy cough’: pop culture and the pandemic deliver updates to the Macquarie Dictionary

‘Goblin mode’, situationship and pyrocumulonimbus among 3,000 new entries to the ninth edition

The Guardian - AU

Southern Water owner Macquarie invests further £550m

Australian investment bank funds troubled UK utility’s overhaul of pipes and sewage works

The Guardian - UK

Microsoft's new A.I. tool could bring in $14 billion in revenue if it has modest success

The Wall Street firm's estimates mean that Microsoft could instantly recoup its $13 billion investment in ChatGPT-maker OpenAI.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

London faces water rationing ‘imminently’, claims leading environmentalist

River Action chief executive James Wallace made his comments at a Greater London Authority hearing about Thames Water.

Evening Standard

Inside the capital’s water crisis — are Londoners’ taps about to run dry?

After years of piling on debt and sucking out profits to pay shareholders rather than improve infrastructure, Thames Water is near collapse — leaving the city 24 hours away from having its supply turned off. Claire Cohen investigates

Evening Standard

Private equity is failing water companies again. Get these firms back on the stock market

Listing would allow the market to be admirably brutal – inflicting pain on the owners and forcing management changes

The Guardian - UK

Ex-Thames Water owner accused of ‘money-grabbing’ cuts to Cadent pension scheme

Exclusive: Cadent Gas, owned by Australia asset manager Macquarie, is considering closing its defined benefit scheme

The Guardian - UK

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The Guardian view on private water companies: a disaster made in the City

Editorial: England has become an asset management society with predictably calamitous results

The Guardian - UK

Now, water bosses, you must show how capitalism can work for the common good

If there’s a lesson to be learned from the collapse of Thames Water, it is that utility giants have to pioneer a new kind of company

The Guardian - UK

Scottish pension fund’s hidden stake in firm controlling Russian gas pipeline

LOTHIAN Pension Fund has a hidden stake in a firm which runs coal power plants and controls part of a major pipeline transporting Russian

The National (Scotland)

In charts: how privatisation drained Thames Water’s coffers

Decades of underinvestment and bumper dividends have left the firm debt-laden and under investigation

The Guardian - UK

Ministers must get a grip: no bailout for Thames Water’s backers

Any financial reconstruction of Thames is simple. Shareholders and bondholders are on the hook

The Guardian - UK

The biggest water company in the U.K. is also polluting its rivers. Now, it desperately needs a government rescue to turn things around

The water company has been piling up debt for years, and its old infrastructure has harmed wildlife and the environment.

Fortune

What went wrong at Thames Water and what could a bailout look like?

The lowdown as ministers and regulator make contingency plans amid fears company may collapse

The Guardian - UK

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Leeds Live

Leeds United's early Championship advantage over Leicester City amid relegation complications

Leeds United will be receiving parachute payments next season following their relegation from the Premier League

StockNews.com

Buy, Sell or Hold: Walt Disney Co.(DIS)

The streaming industry faces significant challenges, including a slowdown in advertising market. In this uncertain landscape, media and entertainment company Walt Disney (DIS) recently received a downgrade from a Macquarie analyst, adding to the company's near-term uncertainties. SO, should investors buy, sell, or hold the stock? Keep reading to find…

The Guardian - UK

UK ministers urged to intervene if Australian bank takes 100% of gas business

Macquarie has option for all of National Grid gas transmission and metering despite tainted history of owning utilities

The Guardian - UK

Banking firm that owns Southern Water posts record profits

Macquarie’s net profit is up 10% with its top commodity trader landing A$58m through profit-share deal

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The National (Scotland)

Corporate con? Giant polluting investors are behind the push for hydrogen heating

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The Guardian - AU

Gendy nooch, cozzie livs and murder noodle: Australian words lining up for a Macquarie dictionary debut

Linguist says Australians are unique and creative as we ‘take each word and turn it into a diminutive and then put an S on the end’

The Conversation

The Millionaires' Factory lays bare the good and bad about Australia's millionaire manufacturer – Macquarie bank

The Millionaires’ Factory, subtitled “the inside story of how Macquarie Bank became a global giant” by financial journalists Joyce Moullakis and Chris Wright is an impressive, informative book that I enjoyed reading.

The Times of India

'Banks in India stand out amid Silicon Valley Bank crisis'

NEW DELHI: Indian banks’ large reliance on local deposits cushions them as global peers are facing potential contagion from the woes emanating from Silicon Valley Bank, according to Macquarie Group Ltd.

The New Daily

From Aussie politics to catering funerals: Here are 10 new books to check out in March

Looking to lose yourself in a crime thriller or learn about one of Australia's top politicians, this month's new releases have you covered

Newcastle Herald

Fifita to line up for The Entrance in Newcastle Rugby League

The hulking prop looks set to play in the Newcastle Rugby League.

Newcastle Herald

Newcastle Rugby League draw for 2023

Check out your club's schedule for next season.

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