Online retailer Asos has failed to offer any guidance on sales or profitability for the current financial year after what it described as a “disappointing” set of results featuring a near-70 per cent drop in profits. The company, whose shares trade on London’s junior …
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Crossbench senator Rex Patrick has backed WorleyParsons in its fight against moves by major shareholder Beirut-based Dar Group to increase its stake in the company, urging the Treasurer to block the move on national interest grounds. The engineering …
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Volkswagen could be hit with an even bigger fine than the proposed $75 million penalty – already the highest of its type in Australia – for diesel vehicles that cheated emissions tests. However, the total amount of the fine may not be known for months after …
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(CNN) China has been unveiling a lot of new weaponry lately, but one of their latest reveals looks really, well, out of this world. Called the “Super Great White Shark” by Chinese media, the aircraft conjures up images of 1950s sci-fi movies more than 21st …
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MELBOURNE (Reuters) – Australia’s AGL Energy Ltd (AGL.AX) on Wednesday offered to buy local telecom firm Southern Phone Company in its second attempt this year to expand into the telco sector, aiming to cross-sell broadband and data to its large base …
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