Companies

Beijing eyes solar consolidation - Yingli in firing line?

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China is likely to see 1 to 2 of its weakest major solar panel makers close over the next year in a campaign led by Beijing. Given Yingli's financial troubles it is the most likely candidate to make the first exit.

DataRoom AM: GE's local favourite

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One consortium leads the pack in the race for GE Capital's remaining Australian assets, while the sale of NSW's $9bn electricity transmission network proceeds apace.

Apple may launch new iPhone in Sept

by AP
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Tech giant plans new product event for September 9, new iPhones likely to be unveiled.

Ararat wind farm provides jobs boost to Keppel Prince

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Portland firm awarded contract to make 35 towers for wind farm.

Amazon goes hard on machine learning

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Online retail giant is boosting its artificial-intelligence chops.

Milking interest in Burra Foods

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Sale of family-owned Burra Foods could attract buyer interest from big dairy producers such as Murray Goulburn, Saputo.

Chinese oil companies brace for turbulent H2

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Cnooc, Sinopec see no let-up to low oil prices, difficult environment.

Medibank, Calvary restart contract talks

by AAP
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Warring companies resume formal talks on contract set to expire at end of August.

DataRoom AM: Spotless exit

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Pacific Equity Partners makes a clean break from Spotless, while the race for Arrium's Moly-Cop operation heats up.

Bill Gross fund lost 2.9% on Monday

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Janus mutual fund took strong hit on market volatility, rival BlackRock fund lost 2%.

PEP exits Spotless in $347m deal

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Macquarie has won the sell down of Pacific Equity Partners' stake in a major block trade.

Alibaba shares fall below IPO price

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E-commerce giant dealt a hard blow by Chinese sharemarket volatility.

Shorten faces fresh union claims

by AAP
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Labor leader expected to face examination over Eastlink union payment.

Turnbull defends NBN satellite service

by AAP
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Communications Minister says program will give better service than dtiched high-speed internet cable.

Wind tower manufacturer to boost staff numbers

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Keppel Prince confident it might get back to prior staff of 500 on back of Victorian and Federal Renewable Energy Targets.

DataRoom AM: Pressure builds on Santos

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Speculation that a full takeover could be in the offing swirls around Santos, while Arrium weighs the best way to proceed with any sale of its Moly-Cop operation.

EU deepens antitrust investigation into Google's practices

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Signs formal charges against US tech company could be expanded.

Amazon expands Sydney offices

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E-commerce giant joins Sydney IT property expansion with lease at Citigroup Centre.

Hewlett-Packard profit slides 13%

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Computer giant sees profit fall as it misses quarterly revenue expectations.

DataRoom AM: Santos in the spotlight

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Santos is rumoured to be mulling the sale of its assets, while REST Industry Super throws its hat in the Iona gas plant ring.

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