The Australian Competition and Consumer Commission will not oppose two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne, following careful consideration of potential cross-ownership interests and ...
Tags: ACCC, Port of Melbourne
Vietnamese dairy firm Vinamilk has decided to eliminate its 49% foreign ownership limit to facilitate overseas investment into the company which is valued at $7.85bn. The company has not set a timeframe on when the current limit would be ...
Tags: Vinamilk, Vinamilk investor
Building new rail freight capacity for Port Botany will cost $7 billion. This cost can be avoided by building a rail freight bypass of Sydney, between Newcastle port and Glenfield. Railing containers will enable a rail freight bypass line ...
Tags: service, public service, new railway
The Australasian Railway Association (ARA) has expressed disappointment in the Federal Government’s 2015-16 Budget, which announced the lion’s share of transport infrastructure funding to go toward roads, and no new money for ...
Tags: Rail Industry, rail infrastructure
The Australian Competition and Consumer Commission has released its 16th annual container stevedoring monitoring report. “Increased competition is delivering improvements in Australian stevedoring, which build on significant gains ...
Tags: delivering improvements, logistics
One of Vietnam’s largest apparel exporters and government owned - Vietnam National Textile and Garment Group (Vinatex) raised around VND1.22 trillion or US$ 58.10 million through an initial public offering (IPO). Vinatex sold more ...
Tags: Vinatex, Raise, Accessories
ACCC calls to 'reinvigorate' Australia's competition policy The Australian Competition and Consumer Commission (ACCC) has provided a submission to the Harper Review of competition policy, calling for a 'reinvigoration of Australia's ...
Tags: Agriculture, Food
Dell customers have given a mixed reception to its recent privatisation deal, causing some to re-evaluate their future relationship with the vendor. Dell became a private company in October as part of a $25 billion buyout deal, after a ...
Tags: Dell, Privatisation
BlackBerry could slash its workforce by up to 40 per cent before the end of this year, as the struggling smartphone manufacturer attempts to cut costs. According to The Wall Street Journal, the BlackBerry job cuts will take place across ...
Tags: Blackberry, Computer Products
BlackBerry has announced its fourth new BlackBerry 10-based smartphone of the year with the Z30, a five-inch screen device that will become the company's flagship smartphone. The OLED touchscreen will offer a resolution of 1,280 by 768 - ...
Tags: Blackberry, Computer Products, smartphone
Systems management software vendor BMC Software has finally completed the deal that will take into private ownership. The $6.4bn deal will see BMC fall into the hands of private equity companies Bain Capital and Golden Gate Capital. ...
Tags: Computer Products, software
Troubled smartphone manufacturer BlackBerry can survive as a niche player in the mobile devices market, according to a member of the Canadian firm's board. In an interview published by The Wall Street Journal, newly elected BlackBerry ...
Tags: Blackberry, Could, Computer Products, software
Investment bank Morgan Stanley is delaying a planned upgrade of its BlackBerry smartphones because of fears about the Canadian firm's ability to support the latest BlackBerry 10 platform over the long term, according to Bloomberg. Two ...
Tags: Computer Products, BlackBerry, smartphone
The Qantas Group has reported a profit before tax of $192 million but issued a reasonably cautious outlook, despite which the company's share price rose by 14%. The group has strengthened its financial position, with positive net free ...
Production of BlackBerry smartphone devices has been cut in half after the company's CEO, Thorsten Heins, effectively put the company up for sale. Heins, who under his contract of employment stands to earn more than $50m if the company is ...