Worley has asked the Foreign Investment Review Board to look at "possible creeping acquisitions" by Beirut-headquartered Dar Group as the ASX-listed engineering and consulting firm aims to fend off a possible takeover by its largest shareholder.
Oil prices fell overnight as investors worried that the unrelenting US-China trade conflict would keep squeezing the global economy and that swelling US crude inventories would further pressure prices.
Western Australia’s biggest apartments developer has blasted planning authorities’ rejection of its Civic Heart proposal in South Perth, saying the process appeared to be “superficial and subjective” as it gears up for a State Administrative Tribunal appeal.
Perth-based Diamond Cyber Security and Asterisk will be two of at least 12 Australian cyber security firms bought out by BGH Capital and merged into a new entity to compete with the larger US-based vendors.
Perth podiatrist turned entrepreneur Rachael Ferguson has turned her company around in just two years, with rebranding and partnering with the right distributor the keys to unlocking the full potential of her fast-growing footcare business.
The owners of Northbridge’s Picabar have signed a five-year lease agreement with the Perth Theatre Trust (PTT), Culture and the Arts Minister David Templeman announced this morning, bringing to an end a year of uncertainty for the venue.
Oil prices slumped more than 2.0 per cent overnight on worries that global crude demand could stay under pressure as a lack of details about the first phase of a US-China trade deal dimmed hopes for a quick resolution to the tariff fight.
Perth Airport is paving the way for Western Australia to have a tourism attraction of global significance, setting aside land to facilitate the development of the $510 million Australian Biome Project.
ANALYSIS: Plans for oil exploration in the Canning Basin announced over the weekend may deliver good news for Western Australia, but some of the claims surrounding the latest drilling program are extravagant to say the least.