Wesfarmers bail on 'disappointing' UK ventures

Wesfarmers (ASX: WES) will end its foray in the UK after just two years, due to continued disappointing results in the market. The company has sold its Homebase brand as well as 24 Bunnings UK assets to a company associated with English investor Hilco Capital. Wesfarmers expects to rec...

Wesfarmers bail on 'disappointing' UK ventures
Oliver's Real Food share price wiped on downgraded earnings
Oliver's Real Food share price wiped on downgraded earnings

Shares in Oliver's Real Food (ASX: OLI) have plummeted by almost 60 per cent after the company issued an earni...

Shine becomes latest class action firm to take a crack at AMP
Shine becomes latest class action firm to take a crack at AMP

Shine Lawyers (ASX: SHJ) has filed a class action lawsuit against AMP (ASX: AMP) in the Federal Court, becoming th...

Alford ramps up his exit of RFG shares
Alford ramps up his exit of RFG shares


Retail Food Group founder Tony Alford continues to cash in his shareholding in the troubled franchising company...

Optus to phase out Virgin Mobile brand
Optus to phase out Virgin Mobile brand

Optus will phase out Virgin Mobile Australia and will close 36 stores across Australia just a day after it was hit...

Reliance to buy UK company in $1.2b deal
Reliance to buy UK company in $1.2b deal

Melbourne-based plumbing supplies giant Reliance Worldwide (ASX: RWC) has positioned itself to take on the Europea...

Mantra set to delist from ASX as Federal Court approves takeover
Mantra set to delist from ASX as Federal Court approves takeover

Mantra Group's (ASX: MTR) proposed takeover by French accommodation giant Accor has been given the green light...

Easter bigger than games for Gold Coast Airport
Easter bigger than games for Gold Coast Airport

EASTER appears to have been a bigger tourism event for Gold Coast Airport than the Commonwealth Games if the latest p...

Class action against GetSwift gets Federal Court go-ahead
Class action against GetSwift gets Federal Court go-ahead

The filing of a class action law suit against logistics software company GetSwift (ASX: GSW) has been approved by ...

Solomon Lew continues "hostile" attack in bitter tit-for-tat stoush with Myer
Solomon Lew continues "hostile" attack in bitter tit-for-tat stoush with Myer

The war of words between Myer and its major shareholder, Solomon Lew's Premier Investments, has taken a major ...

Alzheimer's research company secures capital raising on promising trials
Alzheimer's research company secures capital raising on promising trials

ASX-listed Alzheimer's drug developer Actinogen Medical (ASX: ACW) has announced promising interim results and...

Optus fined for misleading customers over NBN
Optus fined for misleading customers over NBN

Optus has been slapped with a $1.5 million fine by the Federal Court for making misleading statements to its custo...

Big Review TV enters administration, CEO departs on blackmail revelations
Big Review TV enters administration, CEO departs on blackmail revelations

After more than three months' suspension from trading on the ASX, Big Un Limited (ASX: BIG) has placed its onl...

Bidding war looms for outdoor advertising giant
Bidding war looms for outdoor advertising giant

A BIDDING war for a bigger slice of the lucrative outdoor advertising sector appears to be on the cards as APN Out...

Toys 'R' Us demise sparks industry shakeup
Toys 'R' Us demise sparks industry shakeup

Toys 'R' Us has fallen into voluntary administration and it could herald major changes to the internationa...

Localsearch earns its stripes as Google Premier Partner
Localsearch earns its stripes as Google Premier Partner

Daniel Stoten, CEO of Localsearch, believes that when it comes to running an online business, change isn't the...

Takeover push as Arcade Finance grabs more than 50 per cent stake in Godfreys
Takeover push as Arcade Finance grabs more than 50 per cent stake in Godfreys

Vacuum cleaner sales business Godfreys (ASX:GFY) has received a second, larger takeover offer from its 99-year-old...

Companies

Wesfarmers bail on 'disappointing' UK ventures
Wesfarmers bail on 'disappointing' UK ventures

Wesfarmers (ASX: WES) will end its foray in the UK after just two years, due to continued disappointing results in...

Property

Helloworld's $2.88 million acquisition targets wholesale and impulse buyer markets
Helloworld's $2.88 million acquisition targets wholesale and impulse buyer markets

Helloworld Travel (ASX: HLO) has acquired a controlling stake in Perth-based Asia Escape Holidays (AEH) for $2.88 ...

Opinion

Federal Labor calls for an end to live sheep exports
Federal Labor calls for an end to live sheep exports

The Federal Labor party has called for an end to the live sheep export trade if it wins government at the next ele...

Leadership

Littleproud's call dubbed "lily-livered" as live exports continue through hot Middle Eastern summer
Littleproud's call dubbed "lily-livered" as live exports continue through hot Middle Eastern summer

A Federal Government-ordered review into live export has returned several key recommendations for the trade, howev...

Entrepreneurship

NYC venture capitalist on what's really killing Aussie startups
NYC venture capitalist on what's really killing Aussie startups

As technology continues to scale and artificial intelligence (AI) becomes smarter and more autonomous, the questio...

Technology

How technology is turning 'crappy' businesses into gold
How technology is turning 'crappy' businesses into gold

VENTURE capitalists may have previously considered them 'crappy' businesses not worth a second look, but a...

Shine becomes latest class action firm to take a crack at AMP
Shine becomes latest class action firm to take a crack at AMP

Shine Lawyers (ASX: SHJ) has filed a class action lawsuit against AMP (ASX: AMP) in the Federal Court, becoming th...

Finance

AMP faces class action over Royal Commission scandal
AMP faces class action over Royal Commission scandal

Less than a week after the resignation of its CEO Craig Meller, AMP is facing a potential class action lawsuit fro...

Marketing

Localsearch earns its stripes as Google Premier Partner
Localsearch earns its stripes as Google Premier Partner

Daniel Stoten, CEO of Localsearch, believes that when it comes to running an online business, change isn't the...

Executive Lifestyle

The height of luxury: from a private jet to your superyacht holiday
The height of luxury: from a private jet to your superyacht holiday

A quick question for all the luxury holiday-chasers out there; what could you possibly do to improve upon a supery...

Conference And Events

Google, Tesla, PayPal entrepreneurs to shed light on the Gold Coast's future
Google, Tesla, PayPal entrepreneurs to shed light on the Gold Coast's future

Entrepreneurs and tech experts behind the likes of Google, Tesla, PayPal and Apple are coming to the Gold Coast an...

Video

WATCH: Vets join A-listers in new movie about the Battle of Long Tan to be filmed in Queensland
WATCH: Vets join A-listers in new movie about the Battle of Long Tan to be filmed in Queensland

An A-list cast will feature in a major new movie about the Battle of Long Tan to be filmed in Queensland. The ...

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