Virgin rating could be cut by Moody's
Moody's has put Virgin Australia's credit rating on review for a possible downgrade amid uncertainty over the airline's capital structure.
Moody's has put Virgin Australia's credit rating on review for a possible downgrade amid uncertainty over the airline's capital structure.
Len Ainsworth's wife and family members will be treated as minority shareholders, not related entities, paving the way for him to sell his $500 million shareholding.
The $16 billion packaged liquor retailing industry won't end up like the hardware sector where single-store operators have virtually no chance of survival.
Telstra may pull the pricing lever and change its mobile plan offers, to fend off competitors.
China's policymakers are looking to Australia to help implement a more effective heath system to cope with the increased demand.
Activist investor CVC Limited is backing away from plans to nominate directors to the board of Bionomics.
Owen Hegarty's private equity vehicle EMR Capital is raising a second fund of up to $US750 million.
More than one out of two Australians would buy life insurance online and bypass traditional sales agents such as financial advisers.
The bank has told a powerful parliamentary inquiry it has overhauled its processes for handling whistleblowers.
STW Communications shareholders have overwhelmingly voted in favour of a merger with the Australian arm of Martin Sorrell's WPP.
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