COMPANIES

Indophil Resources NL performs after SMC buys $40-M shares

Australian mining firm Indophil Resources NL jumped to the highest in 10 months in the ASX after one of the Philippines' s largest conglomerate San Miguel Corp. agreed a share placement worth $40-million in the company on October 8.
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Qantas flight attendants restrain passenger

Attentive and trained flight attendants of Qantas Airlines has secured their 280 passengers bound for Hong Kong when a threat from an emotionally unstable passenger became clear.

Leighton’s John Holland wins $348m mining contract in Queensland

Leighton Holdings (ASX: LEI) today announced its subsidiary John Holland, which is one of Australia's leading and most diversified contracting, engineering and services providers, has been awarded a $348 million contract for the provision of mining services to the 'Plains' pit of the Jellinbah Coal Mine.

Wesfarmers chairman prefers carbon tax

The chairman of coal to supermarkets conglomerate Wesfarmers (ASX: WES) has joined the BHP CEP in supporting the idea of a carbon tax but thinks Australia should wait for other countries to introduce a levy first.

Barossa keeps McDonald's out

McDonald's cannot open a store in the Barossa Valley, a major wine-producing region and tourist destination of South Australia, the Development Assessment Panel has ruled.

After earlier glitches, Panax now upbeat on Penola geothermal well outlook in SA

Touted by South Australia Premier Mike Rann as the most advanced hot sedimentary aquifer project in the country ever, Panax Geothermal Ltd (ASX: PAX) said on Tuesday that its Penola project saw a breakthrough as the company revealed that the Salamander-1 well in Otway Basin could shortly become a geothermal energy production well.

Retail sales grow at modest pace

Australians consumed more fast food and dined out often in August providing a boost to retail sales, which grew by 0.3 percent, the Australian Bureau of Statistics said.

Health insurance firm posts profit

The nation’s largest provider of integrated health insurance and health solutions humbly presented a full-year net profit before tax of $380 million, but expected premium increases to stay below the industry average.

Telstra expected to comfort employees

The nation's largest telecommunications firm is expected to find ways to motivate employees following its announcement of slashing 6,000 of its more than 43 thousand jobs.

World's first dengue control experiments in January

Testing of a dengue control experiment will be conducted first in Cairns this January. The experiment comes as the only solution to the rising cases of dengue infection in Australia's favorite tropical holiday destination in far north Queensland.

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