Canadian Tire Shares Plans of Refocusing

Canadian Tire Shares Plans of Refocusing

Reports have revealed that executives of Canadian Tire Corp. now have every intention to put the tires back into complete focus at the retailer of auto parts and housewares. Yesterday, the firm told the investors that it will be putting efforts into improving performance and retail and automotive services, which are the main drivers of Canadian Tire's business.

Fonterra Rebuts News of Public Buy-In

Fonterra Rebuts News of Public Buy-In

The Fonterra Shareholders' Council has refuted the recommendations that disputable changes to the co-operative's capital structure will permit the public to invest directly in the dairy monster.

Private Equity Likely to Face Problem in Upcoming Year, Cautions Hands

Private Equity Likely to Face Problem in Upcoming Year, Cautions Hands

Guy Hands, at present one of the most embattled leaders of private equity, has cautioned that 2010 will not only be hard for his company, but for the whole asset class.

He warned that the problems his firm has endured during the past year would be faced by his opponents in the upcoming year.

REC Says IT Jobs Market Improving

REC Says IT Jobs Market Improving

According to an organization that symbolizes recruitment agencies, the number of jobs in IT is increasing.

Card Factory Being Sold to London Private Equity Firm for £350million

Dean Hoyle

Entrepreneur Dean Hoyle is ready to sell the Card Factory to a London private equity firm in a deal worth about £350m.

Charterhouse is reported to be in advanced negotiations with the Wakefield Company and the deal might be signed as early as today.

Division of Nationals on Fish Markets Subsidy

Division of Nationals on Fish Markets Subsidy

It has been reported that the nationals seem to be separated about the qualities of the New South Wales Government putting in about $20 million for a renovation of the Sydney Fish Markets.

Yesterday, declarations were made by the Government and the market's owners that they were going divided in a $40 million facelift.

Mirvac Set to Begin Second Phase of Capital Raising

Mirvac Set to Begin Second Phase of Capital Raising

Property development and investment firm Mirvac Group will commence with its second segment of capital raising, after finishing off with the institutional component worth $350 million in the wake of strong demands.

BHP and Rio Tinto May Face Royalties for Pilbira Project in July

BHP and Rio Tinto May Face Royalties for Pilbira Project in July

Mining giants BHP Billiton and Rio Tinto are set to be suffering a $300 million royalty slam in July. Western Australia Premier Colin Barnett said by imposing the fee on the miners, he has fulfilled his promise of doing away with the miner concessions.

Australian Unemployment Rate Matches Analysts’ Expectations

Australian Unemployment Rate Matches Analysts’ Expectations

The unemployment rate in Australia has been reported to be 5.3%, matching the estimations for March. During the month, the number of new of people getting jobs rose by 19,600, as per the data provided by the Australian Bureau of Statistics on Thursday.

Big Freeze, the Last Blast of Ice Age

Big Freeze, the Last Blast of Ice Age

From a new study it was seen that thousands of Tunguska-sized cometary fragments hit the earth for over an hour 13,000 years ago. This lead to the excessive cooling of the planet and as a result the mammals of the ice age went extinct.

The temperature decreased by 8 degree Celsius, which in return interrupted the warming of the planet by the end of ice age.

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