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  • Qantas wants to fly non-stop from Sydney to London and New York

    24 August 2017 10:44 PM 15

    Qantas says it will start flying nonstop from Australia’s east coast to New York and London within five years, but there’s one small catch. The Australian airline is keen to start the long-haul flights in 2022, and launches a non-stop 17-hour service from Perth to London in March next year on the Boeing 787 Dreamliner. It also currently delivers the world’s

  • Qantas to fly direct to London and New York by 2022

    24 August 2017 2:18 PM 16

    Qantas will announce plans for non-stop flights between Australia's east coast and London and New York by 2022 on Friday but the plan is contingent on aircraft manufacturers developing new planes capable of flying the distance. Qantas has challenged both Boeing and Airbus to extend the range of its new-generation jets currently in development to make the non-stop

  • The Star expects big things from Games

    23 August 2017 5:24 AM 18

    Casinos operator The Star Entertainment Group expects the 2018 Commonwealth Games to generate "phenomenal" activity at its refurbished Gold Coast casino and hotel. The Star, which operates casinos in Sydney, Brisbane and the Gold Coast, is one of the main sponsors of the April 4-15 Games and believes its jointly owned beachfront Sheraton Grand Mirage

  • Bidders drop out of race for Vocus

    20 August 2017 11:30 PM 12

    The two companies circling troubled telco Vocus have both dropped plans for a buyout after failing to reach “acceptable” terms. Vocus has been shopping itself for several months following twin profit downgrades, the last of which was the result of duplicated costs and a failure to realise efficiencies following several acquisitions. Both offered $2.2 billion

  • Jefferies Group LLC Reiterates “$34.00” Price Target for BHP Billiton PLC (BBL)

    20 August 2017 6:01 AM 18

    Jefferies Group LLC set a $34.00 price target on BHP Billiton PLC (NYSE:BBL) in a research report released on Thursday. The brokerage currently has a hold rating on the mining company’s stock. Several other brokerages have also recently issued reports on BBL. Zacks Investment Research upgraded BHP Billiton PLC from a strong sell rating to a hold rating

  • Chevron drops appeal over landmark Australian tax ruling

    18 August 2017 4:19 AM 25

    MELBOURNE (Reuters) - Chevron Corp (CVX.N) has withdrawn an appeal to Australia's High Court over a disputed A$340 million ($268 million) tax bill, leaving in place a landmark court ruling on related-party loans that could affect other multinational companies. "Chevron Australia has reached agreement with the Australian Taxation Office on the loan transfer

  • Warnings More Than 40,000 Cars Could Burst Into Flames

    17 August 2017 5:13 AM 77

    Car manufacturer Ford is recalling nearly 43,000 of its Focus model cars, warning they have a fault which could lead to a fire. Ford Focus models made between April 12, 2011 and September 29, 2015 have a fault in their carbon canisters which means they can be blocked by dust. "If this condition is not corrected, the fuel tank may crack, resulting in a fuel leak," the product

  • Andrew Liveris agrees with US president Donald Trump’s decision to disband manufacturing council

    16 August 2017 11:03 PM 73

    Darwin-born Andrew Liveris says disbanding Donald Trump’s Manufacturing Council was the right thing to do following the US president’s heavily criticised response to the deadly white supremacist violence in Charlottesville, Virginia. Mr Trump had appointed Mr Liveris, chairman and chief executive of Michigan-based Dow Chemical Company, to be the head of the White

  • Fledgling solar thermal power industry '100 times' smaller than wind and photovoltaic

    14 August 2017 9:13 PM 15

    As Port Augusta continues to celebrate yesterday's $650 million solar thermal power plant announcement, at least one researcher is warning it is a relatively new industry that has so far found limited success overseas. To be built by United States operator Solar Reserve, the 150-megawatt plant is expected to be operational by 2020 and will power all the South

  • Sydney woman loses $151,000 over grape

    14 August 2017 6:07 AM 27

    A Sydney woman awarded $151,000 after slipping on a grape in a Woolworths supermarket has lost her case on appeal. Colleen McQuillan had successfully sued the supermarket giant after falling over in the fruit and vegetable section at Leichhardt in November 2012. But the NSW Court of Appeal on Monday upheld Woolworths' appeal and dismissed Ms McQuillan's