Surf and sports retailer Billabong will embark on a share sale to raise $290 million, after the sluggish retail environment forced it to low…
Surf and sports retailer Billabong will embark on a share sale to raise $290 million, after the sluggish retail environment forced it to low…
The Reserve Bank of Australia has said in its quarterly monetary policy statement that unemployment will continue to rise, but signs of econ…
The Australian sharemarket has opened lower today, dragged down by overseas fears that the outbreak of swine flu will continue to spread acr…
The decision by General Motors to axe its iconic Pontiac brand will have big ramifications for GM’s Australian subsidiary Holden, which bu…
A car industry expert claims Australia’s automotive industry is doomed, and says GM Holden will be the first local car maker to shut its doo…
GM Holden, the Australian subsidiary of troubled car giant General Motors, has slashed its production output and labour costs in a bid to co…
More than 85,000 jobs have been cut worldwide as the global financial crisis forces more companies to undertake giant cost-cutting initiativ…
