07/07/2008 - 06:43

Today's Business Headlines

07/07/2008 - 06:43

Bookmark

Upgrade your subscription to use this feature.

BHP takes more time to get Europe's bid blessing; Business warned no end in sight to lending squeeze; Unis 'must train boom workers'; Chimaera, ANZ face legal stoush; Rudd wavers on emissions starting date

BHP takes more time to get Europe's bid blessing
BHP Billiton has given itself more time to argue its case with the European Commission that its $170 billion bid for Rio Tinto should be allowed to proceed without the need for divestments to remedy antitrust concerns. The West

Business warned no end in sight to lending squeeze
Business has been warned to brace for an extended period of credit rationing as renewed turmoil on global financial markets escalates bank funding costs and forces a sharp tightening in lending practices. The Fin Review

Unis 'must train boom workers'
Education Minister Mark McGowan has criticised WA universities for turning out too many lawyers and not enough geologists or other graduates to supply the State's booming mining industry. The West

Chimaera, ANZ face legal stoush
A Legal stoush is brewing between embattled stockbroking group Chimaera and its creditor ANZ over the contents of a due diligence report that holds the key to a $35 million rescue plan with an Asian bank. The Australian

Rudd wavers on emissions starting date
Prime Minister Kevin Rudd says he's willing to negotiate the starting date for his proposed carbon emissions trading scheme. The Fin Review


THE WEST AUSTRALIAN

Education Minister Mark McGowan has criticised WA universities for turning out too many lawyers and not enough geologists or other graduates to supply the State's booming mining industry.

Business: BHP Billiton has given itself more time to argue its case with the European Commission that its $170 billion bid for Rio Tinto should be allowed to proceed without the need for divestments to remedy antitrust concerns.

The corporate regulator has scrapped an insider trading case against two Melbourne promoters accused of misleading investors over the uranium potential of a small Pacific island.

The Russian billionaires fighting BP for control of their oil joint venture, TNK-BP, are lining up a legal onslaught in a bid to force the UK giant into submission.


STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options