News archive from 5 April 2013

Boeing may carry out a certification test flight soon, source says

The official, who was not authorised to speak on the record, said the certification test could be carried out on Friday if all remaining ground-based tests were completed on Thursday. "They're not quite there yet," said the official, adding...

 

Hilco to rescue music retailer HMV in $73 million deal: report

The deal, which could be struck as soon as Friday, will see HMV emerge from administration, Sky News said on its website, with the chain expected to be run by incumbent HMV executives together with newly-appointed Hilco executives. As part of the...

 

In further shakeup, HP chairman Lane quits

Lane, who will remain on the board, will be replaced on an interim basis by Ralph Whitworth during the company's search for a permanent non-executive chairman. In addition, John Hammergren and G. Kennedy Thompson "have decided to leave the...

 

Mysterious mail to Australian journalist triggers global tax-haven probe

The experienced investigative journalist had been busy trying to unravel the details of a large financial fraud in his native Australia when the prospect of an even bigger scoop landed on his doormat. The letter contained part of a hard drive with the...

 

Boeing may carry out a certification test flight soon, source says

The official, who was not authorised to speak on the record, said the certification test could be carried out on Friday if all remaining ground-based tests were completed on Thursday. "They're not quite there yet," said the official, adding...

 

Hilco to rescue music retailer HMV in $73 million deal: report

The deal, which could be struck as soon as Friday, will see HMV emerge from administration, Sky News said on its website, with the chain expected to be run by incumbent HMV executives together with newly-appointed Hilco executives. As part of the...

 

In further shakeup, HP chairman Lane quits

Lane, who will remain on the board, will be replaced on an interim basis by Ralph Whitworth during the company's search for a permanent non-executive chairman. In addition, John Hammergren and G. Kennedy Thompson "have decided to leave the...

 
Mysterious mail to Australian journalist triggers global tax-haven probe

Mysterious mail to Australian journalist triggers global tax-haven probe

The cascade of WikiLeaks-style revelations shedding light on the often murky world of offshore tax havens began when former Fairfax Media journalist Gerard Ryle received a mysterious letter in the post. The experienced investigative journalist had...

 
Shell courts buyers for Geelong site

Shell courts buyers for Geelong site

Oil major Royal Dutch Shell has been given little hope of finding a buyer for its struggling oil refinery at Geelong, which was dramatically thrust into the shop window on Thursday. In a continuation of the trend that has seen two small and ageing...

TheAge, 10:15 in Business
 
Shell refinery sale 'puts Australia's fuel supply at risk' say experts

Shell refinery sale 'puts Australia's fuel supply at risk' say experts

AUSTRALIA'S fuel supply could be exposed to foreign volatility in the wake of Shell's plans to sell its Geelong refinery, say industry experts. The global oil giant says it will sell the refinery with a view to keeping it open, but may convert it to a...

 

Shell courts buyers for Geelong site

Oil major Royal Dutch Shell has been given little hope of finding a buyer for its struggling oil refinery at Geelong, which was dramatically thrust into the shop window on Thursday. In a continuation of the trend that has seen two small and ageing...

 

Markets Live: ASX posts cautious start

10:13am: Shell's announcement yesterday that it would sell its Geelong oil refinery has renewed concern over Australia's fuel security. With at least half of the nation's fuel imported, the country is more exposed than ever to foreign volatility,...

 

Boeing may carry out a certification test flight soon, source says

The official, who was not authorised to speak on the record, said the certification test could be carried out on Friday if all remaining ground-based tests were completed on Thursday. "They're not quite there yet," said the official, adding...

 

Hilco to rescue music retailer HMV in $73 million deal: report

The deal, which could be struck as soon as Friday, will see HMV emerge from administration, Sky News said on its website, with the chain expected to be run by incumbent HMV executives together with newly-appointed Hilco executives. As part of the...

 

In further shakeup, HP chairman Lane quits

Lane, who will remain on the board, will be replaced on an interim basis by Ralph Whitworth during the company's search for a permanent non-executive chairman. In addition, John Hammergren and G. Kennedy Thompson "have decided to leave the...

 
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