Tuesday, March 22, 2016

Woodside Petroleum drops $40b-plus Browse floating LNG project and other top stories.

  • Woodside Petroleum drops $40b-plus Browse floating LNG project

    Plans for Woodside's huge Browse floating LNG project have been delayed again. Photo: Supplied The collapse in oil prices has claimed its biggest local casualty, with Woodside Petroleum and its partners ditching plans for a $40 billion-plus floating LNG project off the far north-west coast, delaying development of the huge Browse gas resource yet again.The further deferral of the project, which was targeted for a go-ahead later this year, is a further blow t..
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  • Online job ads ease in February

    Latest In national13:55 PMEmma Reynolds ROSEMARY Birt tried to get into the Martin Place building after the Sydney siege began, she said, but people inside did something that may have saved her life.FIVE people believed to be part of a drug-distribution syndicate in Darwin have been charged after Gangs Taskforce members seized 23g of methamphetamine and $10,000 cash13:52 PMDebbie Schipp AS LOVED ones bid farewell to gangland lawyer Joseph Acquaro at his funeral, police extend their investigation..
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  • TPG Telecom is now worth more than Qantas or News Corp

    TPG Telecom is now worth more than Qantas or News Corp
    TPG Telecom is on the rise. Cut-price broadband provider TPG Telecom is agonisingly close to becoming Australia's newest $10 billion company. At about 10:30am AEDT, the market value of the equity in the business was $9.9 billion. Incredibly, it tops airline Qantas ($8.4 billon), James Packer's casino business, Crown Resorts ($8.7 billion), and at that point in time, Rupert Murdoch's publishing giant, News Corp ($9.7 billion).(Remember, Murdoch's more-profitab..
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  • ASIC order payday lender Nimble to repay $1.6 million to customers

    ASIC order payday lender Nimble to repay $1.6 million to customers
    The investigation found Nimble did not properly assess the financial circumstances of many of its customers. Best known for its ads starring a financial adviser in a rabbit suit, Nimble has been caught out for irresponsible lending and forced to refund thousands of customers to the tune of $1.6 million. The payday lender has been slapped with an enforceable undertaking (EU) after a significant investigation by the corporate watchdog.  This is a significant ou..
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  • 103-day election campaign to put more pressure on renewables target

    103-day election campaign to put more pressure on renewables target
    The Federal Coalition’s move to put the country in election campaign mode for 15 weeks before its threatened double-dissolution federal poll is likely to put more pressure on the large-scale renewable energy target, which remains stalled since before the Coalition’s election three years ago. It is now likely that the Coalition will go to the polls on July 2 with virtually nothing to show for its supposed “support” for renewable energy policy, apart from an extended investment drought and just a ..
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  • Sigma Pharmaceuticals chasing down $2.5b hospital pharmacy market

    Sigma Pharmaceuticals chasing down $2.5b hospital pharmacy market
    Sigma Pharmaceuticals CEO Mark Hooper: "That market is crying out for a competitor." Photo: Mathew Lynn  Sigma Pharmaceuticals CEO Mark Hooper dismissed concerns the drug wholesaler is at the mercy of government funding cuts as he eyes  the $2.5 billion hospital pharmacy market.Mr Hooper said that his company is "a classic GARY [growth at reasonable yield] stock" and has a good story for investors."Sometimes the view about anything pharmacy related is negati..
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  • Wall St advance fades, ASX poised to open lower

    Wall St advance fades, ASX poised to open lower
    by Timothy Moore Local shares appear poised to open slightly lower, mirroring afternoon weakness on Wall Street. $A edges higher.Overnight, Brussels became the latest European city to be targeted in a terrorist attack as three coordinated blasts killed at least 31, injured more than 230 and deepened the sense of crisis across the continent.European shares recovered most of their intraday losses at the close, while airlines and hotel stocks slid after multiple explos..
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Australian Study: Plants Increase Global Temperatures! .Virgin Australia taps owners for $425m .
Investigation launched after Sydney Entertainment Centre roof collapses on worker .Magnetic Field Was Critical For Life On The Early Earth .

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