China business news digest

Retail consumption up 11% over Spring Festival holidays and Sinopec denies merger reports.

Vocation outlines turnaround plans

Private training provider looks to sell off parts of its business in turnaround strategy.

G8 Education lifts FY profit 70%

Child care centre operator says it is placed well for proposed government changes to sector.

Vocation extends trading halt

Embattled education group seeks more time to complete financial review, continues talks with lenders.

Senators combine in blow to govt's uni plans

by AAP
University reforms look set to fail in the Senate as crossbenchers seek alternatives.

Senators seek uni fee hike alternatives

by AAP
Crossbench senators to help Labor explore shifts to university set-ups outside fee deregulation.

Navitas H1 profit falls, shares dive

Group reaffirms earnings guidance despite half-yearly NPAT decline, shares down 7%.

Vocation CEO flags resignation

Chief executive Mark Hutchinson to depart embattled education group; company expects H1$27m loss.

Vocation review period extended

Education group remains in trading halt as "significant" financial reviews continue.

Govt faces university reform delay

by AAP
Government uni proposal to face delay as two crossbench senators seek inquiry.

Vocation placed in another trading halt

by AAP
Troubled education group in trading halt ahead expected update on earnings forecast.

ACN snaps up Phoenix

Vocational education firm Australian Careers Network makes first deal since ASX listing.

Govt funds ad blitz on university changes

by AAP
The government has begun an ad campaign about its proposed changes to university fees.

How Storm McGrath saved his father’s company

Battered by a volatile exchange rate and other challenges, Storm McGrath has now put the family tutoring franchise back on course.

Vocation shares sink 60% on earnings downgrade

Troubled education group slashes FY15 earnings guidance after settlement with Vic authorities.

New uni bill to cost budget $3.5bn

by AAP
Government concessions to pass higher education reforms will put $3.5bn hole in budget.

Uni reform block expands budget hole

Coalition vows to introduce new legislation to parliament on Wednesday after bill defeat.

Vocation faces fresh downgrade

Former Vocation chairman says private education sector growth has 'outpaced' regulators.

Senate defeats university deregulation

by AAP
The Coalition's deregulation of universities bill has been defeated in the Senate 33 to 31.

Vocation to update guidance

Education group shares in trading halt ahead of FY15 guidance, a week after chairman Dawkins quit.