News archive from 26 November 2013

Doubts grow about future of Gove alumina refinery

Doubts grow about future of Gove alumina refinery

The Northern Territory government says it has been working on contingencies for the economic future of the Gove Peninsula if Rio Tinto closes its alumina refinery. Chief Minister Adam Giles says Rio Tinto gave a confidential briefing to the Territory...

ABC News, 11:12 in Business
 

Markets Live: Stocks run out of puff

11:06am: The push by the Soul Pattinson-backed New Hope Corp has succeeded in forcing a board spill at Dart Energy, thanks to winning the backing of a key UK investor for the putsch. Before the start of the Dart Energy annual meeting this morning,...

 

Mayne Pharma revenues soar

No indication of earnings was given at the meeting. In the year to June, Mayne Pharma posted revenues of $85 million, reflecting an initial contribution from the Metrics purchase. Domestically, Mayne Pharma has the rights to sell 12 products, up from...

 
'Ongoing concern' for Cootes truck fleet defects

'Ongoing concern' for Cootes truck fleet defects

Almost two months after the accident, NSW transport authorities have told McAleese Transport about their ‘‘ongoing concern that major defects continue to be identified through the inspection process’’. The transport company, which is chaired by...

 
Markets Live: Stocks run out of puff

Markets Live: Stocks run out of puff

11:06am: The push by the Soul Pattinson-backed New Hope Corp has succeeded in forcing a board spill at Dart Energy, thanks to winning the backing of a key UK investor for the putsch. Before the start of the Dart Energy annual meeting this morning,...

 

Mayne Pharma revenues soar

No indication of earnings was given at the meeting. In the year to June, Mayne Pharma posted revenues of $85 million, reflecting an initial contribution from the Metrics purchase. Domestically, Mayne Pharma has the rights to sell 12 products, up from...

 
'Ongoing concern' for Cootes truck fleet defects

'Ongoing concern' for Cootes truck fleet defects

Almost two months after the accident, NSW transport authorities have told McAleese Transport about their ‘‘ongoing concern that major defects continue to be identified through the inspection process’’. The transport company, which is chaired by...

 
Markets Live: Stocks run out of puff

Markets Live: Stocks run out of puff

11:21am: Unions are seeking an urgent meeting with the federal and Northern Territory governments over the reported wind-down of Rio Tinto's Gove alumina refinery. The Australian newspaper reported today a decision could be made as early as this week...

TheAge, 11:28 in Business
 

Mayne Pharma revenues soar

No indication of earnings was given at the meeting. In the year to June, Mayne Pharma posted revenues of $85 million, reflecting an initial contribution from the Metrics purchase. Domestically, Mayne Pharma has the rights to sell 12 products, up from...

 
'Ongoing concern' for Cootes truck fleet defects

'Ongoing concern' for Cootes truck fleet defects

Almost two months after the accident, NSW transport authorities have told McAleese Transport about their ‘‘ongoing concern that major defects continue to be identified through the inspection process’’. The transport company, which is chaired by...

 
'No plans', so open season for policy

'No plans', so open season for policy

Of course the most dedicated players - those with something to protect or wanting to get something to protect - are always at the game and were working on the government when it was the opposition. The process now though moves up a step and goes much...

 

Activist investors help companies, not workers

What is driving the growth of activism? The most immediate reason is that the funds are performing well, as a report from Citigroup's Financial Strategy and Solutions Group, of which I am chairman, shows. Since the beginning of 2009, activist hedge...

 
Shane Warne sells Brighton mansion

Shane Warne sells Brighton mansion

The sale comes as the legendary spin bowler spats with Brighton's second-most famous resident, Ricky Ponting, over his treatment of Michael Clarke in his autobiography. Warne has been looking to sell the Victorian Italianate mansion, Kilkerran, for...

 
Project underway to improve construction of deep sea oil and gas pipelines for remote fields

Project underway to improve construction of deep sea oil and gas pipelines for remote fields

A project is underway to improve the international competitiveness of Australia's oil and gas industry by changing how deep sea oil and gas pipelines are constructed. A team of engineers from the University of Western Australia is attempting to design...

ABC News, 12:20 in Business
 
'No plans', so open season for policy

'No plans', so open season for policy

Of course the most dedicated players - those with something to protect or wanting to get something to protect - are always at the game and were working on the government when it was the opposition. The process now though moves up a step and goes much...

 
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