analysts

McCarthy to Rescue Woodside Petroleum


The striking crane drivers, who are working at the $13 billion worth of Pluto gas plant of Woodside Petroleum (WPL) were ordered to return to work. Brendan McCarthy, the deputy president of Fair Work Australia issued an order last night suspending a three-month long industrial action which according to Woodside was causing major problems to the economy. The industrial action begun on 28th of April over the demand of an increase of payments.

Virgin Blue In Search of Joint Ventures to Boost Market Share


John Borghetti, the newly appointed chief executive of Virgin Blue (VBA) has hinted in his inaugural public address that he is planning to establish joint ventures with the international airlines by following the same format that his company is planning to follow for Delta Air Lines and Air New Zealand. In his statement, Mr.

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