Christopher Lavery says he was watching a Rambo film when his mate was murdered – found later with a knife in his neck and his body and Jeep torched. But a Melbourne jury on Friday decided that instead of sitting in a cinema, it was Lavery himself who killed James Russouw and robbed him of…
DetailsPerth-based Automotive Holdings Group has delivered a lower full-year net profit result on the back of restructures and one-off costs associated with its refrigerated logistics business. The diversified business reported a 38.4 per cent drop in net profit to $55.5 million for the 12 months to June, but grew revenue by 8 per cent to…
DetailsAustralia’s largest car dealership company, Automotive Holdings Group, faces a $15 million hit to profits in 2017-18 from the industry-wide crackdown on add-on insurance products for car owners by the Australian Securities and Investments Commission. AHG has 110 car dealerships across Australia and New Zealand, with 37 in its home state of Western Australia, where…
DetailsThe chief executive of Super Retail Group, owner of Rebel sports stores, Supercheap Auto and the BCF outdoors chain, says the company may open up to 18 new outlets in former Masters hardware sites abandoned by Woolworths. Peter Birtles said on Friday the retail company was in a strong position to meet the Amazon assault…
DetailsA college education can set you up for a lifetime though it can come with a hefty price tag: Some unfortunate students have gotten both a mountain of debt and an education that falls far short of their expectations. Across the nation, a few for-profit colleges have been deceiving students into taking out private loans…
DetailsInfant formula maker Bellamys posted a full year loss of $809,000, a long way from the $38.33 million profit of the previous 12 months. Revenue was $240.18 million, well below analyst expectations of about $330 million before the company hit a roadblock for sales into China. However, the company has made some progress in restructuring…
DetailsBOGOTA, Colombia, Aug. 24, 2017 /CNW/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that as part of its process of reviewing the Ecopetrol Group’s corporate structure, at its meeting of August 18, 2017, the Board of Directors authorized: Taking the necessary measures under applicable law to liquidate Ecopetrol Global Capital S.L.U., a wholly-owned subsidiary…
DetailsDemocrats hinted Thursday that they wont be too eager to help the GOP raise the governments debt ceiling later this year, adding another partisan problem to Republicans list of challenges. President Trump early in the day accused Democrats of obstruction over the debt ceiling, spurring House Minority Leader Nancy Pelosi to fire back that its…
DetailsBOGOTA, Colombia, Aug. 24, 2017 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that as part of its process of reviewing the Ecopetrol Group’s corporate structure, at its meeting of August 18, 2017, the Board of Directors authorized: Taking the necessary measures under applicable law to liquidate Ecopetrol Global Capital S.L.U., a wholly-owned subsidiary…
DetailsSINGAPORE: A new Insolvency Bill bringing together different pieces of legislation dealing with debt-ridden bodies is set to be introduced in the second half of 2018. Law and Home Affairs Minister K Shanmugam said this on Thursday (Aug 24) at the Singapore Insolvency Conference 2017. The Bill is one of a series of measures announced previously…
Details