Vikas Rambal’s Perdaman Industries has signed up Canadian engineering company SNC Lavalin as lead contractor on its $4 billion Karratha urea project, one day after announcing a gas supply deal with Woodside Petroleum.
The inquiry into the operations of the City of Perth commenced public hearings today after highlighting a number of serious matters worthy of ongoing scrutiny and concerns over endemic, flawed cultural practices.
A new report shows construction work in Western Australia has increased for the first time in five years, while warning that local industry must future-proof itself from capacity and capability risks.
The expansion plans that Woodside has announced this year will make a major contribution to Western Australia’s economic and energy security for decades to come.
The Western Australian mining landscape continues to significantly change, and Roy Hill believes collaboration and enabling staff to realise their potential is key to successfully adopting innovative ideas and techniques to remain commercially competitive.
Coles shares have floated on the Australian Securities Exchange at $12.49, with Wesfarmers' price adjusting in early trade without the supermarket giant in its stable.
ANNIVERSARY SPECIAL: Disease management has undergone major advancements since the 1990s, meaning various industries must now cater for healthy older customers. This article is part of a special series to mark Business News' 25-year anniversary.
ANNIVERSARY SPECIAL: Aged-care businesses are adapting to changing market trends that have arisen in the past 25 years, including a booming in-home care sector driven by Australia’s ageing society. This article is part of a special series to mark Business News' 25-year anniversary.
The Australian share market has dived to near two-year lows amid a global stock sell-off, with energy and mining stocks bleeding red and the banks also suffering in early trade.
Gold prices edged downward as investors flocked to the dollar and US government bonds amid steep declines in global stock markets, denting appeal for non-interest bearing bullion.
US stocks have extended their recent sell-off, with the S&P 500 hitting a three-week low, as energy shares dropped with oil prices and retailers including Target and Kohl's sank after weak earnings and forecasts.
Oil prices have tumbled about seven per cent, with US crude plunging to its lowest level in more than a year, caught in a broader Wall Street sell-off that was fed by rising concerns about slowing global economic growth.
A late rally from banking stocks kept the Australian share market from the doldrums reached in October, but broad-based losses still dragged the indices lower with local tech stocks following the fortunes of US counterparts.
Woodside Petroleum has struck a revised deal with the City of Karratha to build a 604-bed workers camp, but the planning approval time-frame for the project remains uncertain.
RCR Tomlinson has been served with a shareholder class action, as the engineering contractor requested a one week extension to its suspension from the ASX while it seeks to clarify its earnings outlook and funding requirements.
The Laugh Resort Comedy Club will return to regular programming tomorrow night as it presents a sold-out opening show at a purpose-built venue within The Shoe Bar & Café, Yagan Square.
Shares in NRW Holdings have jumped 7.14 per cent today, after the mining contractor said it expected a 45 per cent uptick in revenue for the six months to December compared with last year.
Engineering consultancy GHD has been awarded a $6.7 million contract to design upgrades to the rail network around Claremont train station as part of the state government’s Metronet project.
Oil and gas giant Woodside Petroleum has increased support for Perth’s Fringe World Festival, with a three-year sponsorship agreement including naming rights for the festival’s Pleasure Garden
ANNIVERSARY SPECIAL: WA companies have been on the receiving end of nearly every major takeover completed during the past two decades, with Wesfarmers a notable exception. This article is part of a special series to mark Business News' 25-year anniversary.
ANNIVERSARY SPECIAL: Regional Western Australians are diversifying their local economies in any number of creative ways, from film making to building the world’s largest radio telescope. This article is part of a special series to mark Business News' 25-year anniversary.
Healthcare stocks are in the sick bay and the energy sector is also sapping the Australian market at the open, while local tech stocks have followed the fortunes of their US counterparts and plummeted in early trade.
The Nasdaq has slumped nearly 3 per cent and the Dow and S&P fell more than 1 per cent as investors pulled out of Apple and internet shares, while conflicting signals over the US-China trade dispute added to caution.
Brent crude futures fell in choppy trade, under pressure from growing supply but supported by a reported drawdown of US oil inventories, potential European Union sanctions on Iran and possible OPEC production cuts.
