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Daily Archives: July 15, 2020

Woodside stalls project plans amid oil market rout

Chief executive Peter Coleman on Wednesday said Woodside would delay making final investment decisions on Scarborough until 2021 and Browse until 2023, and use the time to consider ways to make the projects more competitive. While stressing Woodside’s commitment to the projects were unwavering, he said questions surrounding the growth …

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Private equity in the box seat to pick up McWilliam’s Wines

McWilliam’s was ranked Australia’s seventh biggest wine company by revenue in a recent report by The Australian & New Zealand Grapegrower & Winemaker magazine. It is an unlisted publicly owned company with 80 shareholders, many of whom are from the McWilliam family. It recorded gross sales of $97 million in …

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Department of Foreign Affairs and Trade to slash dozens of jobs

“When you look at the extraordinary efforts of diplomats during the COVID-19 crisis this announcement must be so dispiriting,” she said. “It’s disappointing because the money spent on diplomacy and development is excellent value for money: every dollar has a huge effect. Whether it’s work on global health or counter-terrorism …

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Malaysia’s reaction to ‘uncomfortable journalism’ a worry: Greste

They are being investigated for alleged defamation, sedition and violation of the country’s Communications and Multimedia Act (CMA) for the 25-minute documentary Locked Up in Malaysia’ Lockdown, which aired on July 3. Sedition can hold a jail term of up to seven years in Malaysia. Loading The documentary highlights the …

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Zip bats away bubble concerns, eyes new commercial partnerships

But Mr Gray has batted away concerns the fast-growing sector is in the midst of a market bubble, believing instead the BNPL space was only just starting to take off. Loading “Focus on the sector is at an all-time high, partly because of the resilience the model has demonstrated throughout …

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ASIC to hand over documents to clarify litigation funders debacle

Following an invitation by committee chair Liberal Senator James Paterson to clarify its answers, ASIC deputy chairmain enforcement Daniel Crennan, QC, appeared to walk back the assertion there was no consultation on the new rules, saying he met with government officials, including Treasury officials, in March, April and May. Loading …

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Bari Weiss resigns from New York Times, says ‘Twitter has become its ultimate editor’

“Twitter is not on the masthead of The New York Times. But Twitter has become its ultimate editor,” Weiss wrote in her resignation letter. “As the ethics and mores of that platform have become those of the paper, the paper itself has increasingly become a kind of performance space. Stories …

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Teens caught in dangerous surf taken to hospital amid wild seas

One, an 18-year-old, was knocked unconscious by a wave and suffered a head injury, and the other, a 15-year-old, suffered a hip injury and back pain. Both are in a stable condition. A Tasman low brought wild weather to parts of the state on Tuesday, with wind gusts exceeding 100km/h …

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Police arrest a man after three women stabbed in Sarpsborg

Oslo: Police in Sarpsborg in southern Norway have arrested a man after three women were stabbed in several locations in the town late on Tuesday, with one of the victims dying from critical injuries. Armed police were deployed to the town about 70 kilometres south of the capital Oslo and …

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