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AUSTRALIA: Billabong faces calls for board shakeup

2013-09-02 17:08:00| Daily apparel & textile news and comment - from just-style.com

Struggling Australian surfwear company is facing calls for a board shakeup from one of its largest shareholders, in a move that could cloud a deal to finalise the company's long-term funding arrangements.

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Marshall Islands seek Australia and New Zealand leadership in climate change

2013-09-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Islands Business: Marshall Islands will seek Australia and New Zealands help in promoting a new wave of climate leadership that it wants to pursue in the next 12 months. As it takes over the chairmanship of the 16 member group, the north Pacific nation is looking to Canberra and Wellington for leadership. Tony deBrum, the Minister in Assistance to the Office of the President in the Republic of Marshall Islands said the Pacific looks up to Australia in terms of supporting the Majuro Declaration on Climate Leadership...

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Sulzer Pumps Supplies High Performance Pumps to Floating Production Storage and Offloading Vessel in Western Australia

2013-09-02 12:45:00| Power Technology

Sulzer Pumps will supply 69 pumps to Daewoo Shipbuilding and Marine Engineering for installation on a new floating production storage and offloading (FPSO) vessel for the INPEX-operated Ichthys LNG project in the Browse Basin, offshore Western Austra

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Virgin Australia Gets Samoa, Etihad Debt to Fight Qantas

2013-09-02 11:26:01| Airlines - Topix.net

The Brisbane-based company has the third-highest debt ratio among global airlines as it takes on loans to fund this battle.

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Virgin Australia posts $88 million loss, blames competition, restructuring cost and carbon tax

2013-09-01 09:27:34| Airlines - Topix.net

Major shareholders in Virgin Australia Holdings Ltd., the country's No. 2 airline, have provided it with a line of credit after the carrier Friday reported a 98 million Australian dollar annual loss.

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