All-clear for nukes deal with Russia

THE federal government has cleared the way to sell Australian uranium to Russia €” rejecting fears that the nuclear material could find its way into atomic weapons.

Alcopops on Woolworths' shopping list

WOOLWORTHS is rumoured to be looking at the country's biggest alcopops maker, Independent Liquor Group, as part of a plan to secure a supplier for its fast-growing private-label beer business and reduce its reliance on Foster's Group and Lion Nathan.

Outlook not so sweet for honey giant

AUSTRALIA'S biggest commercial honey group, Capilano Honey, has warned it will lose about $2 million in the first half of the financial year, a slide back into the red that could jeopardise its attempts to meet a $10 million debt deadline in March.

Bacardi Lion breezily shrugs off alcopops tax

BACARDI MARTINI and Lion Nathan's joint venture spirits business has extracted a 9 per cent sales increase from its suite of rum, gin, vodka and ready-to-drink mixes despite the Federal Government's alcopops tax and the growing popularity of premium beer.

Lihir Gold pays dividends

HEALTHY cash margins and confidence in hitting its annual production target of up to 1.2 million ounces gold has prompted Lihir Gold to resume dividends payments and consider a capital return to shareholders.

600 jobs to go as Bridgestone bows out of Australia

MORE than 40 years of tyre production in Adelaide will end next year when Bridgestone closes its manufacturing facility, with 600 jobs axed.

Easing back from the emergency rate low

The Reserve knows it's risky to keep interest rates so exceptionally low.

Have we just woken from a nightmare, or are we still asleep?

OK, so maybe I'm the only person in the world who thinks nothing makes sense.

Bmg Joint Venture To Lease $418m Production Facility

HIGH oil prices have prompted the Basker/Manta/Gummy (BMG) oil and gas joint venture in Bass Strait to bring forward a $1.23 billion investment in upgrading its production facilities.

Foster's Puts More Wineries On The Market

FOSTER'S has put another three wineries, one wine brand and several production facilities up for sale, as part of its consolidation of the $3.1 billion Southcorp acquisition it completed in June last year.

Foster's Winery Sales An Aperitif To Fortifying Its Assets

FOSTER'S has put another three wineries, one wine brand and several production facilities up for sale as part of its consolidation of the $3.1 billion purchase of Southcorp last June.

Mudgee Winery Takes Control Of Cassegrain

The Mid-North Coast winery will benefit from top-class production facilities.

Gpg Poised To Lift Stake As Capral Raises $32m

Sir Ron Brierley's Guinness Peat Group will get a chance to increase its one-third stake in struggling manufacturer Capral Aluminium by underwriting a $32.4 million raising to recapitalise the group's balance sheet and fund the delayed restructuring of its production facilities.

Gpg Stakes Faith In Capral Revival

Sir Ron Brierley's Guinness Peat Group will get a chance to up its one-third stake in struggling manufacturer Capral Aluminium by underwriting a $32.4 million capital raising to recapitalise the group's balance sheet and fund the delayed restructuring of its production facilities.