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Australian Bushfire Has Grown to Size of Melbourne, NASA Image Shows

2014-02-13 19:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Yale Environment 360: A fire rivaling the size of the city of Melbourne is raging in southeastern Australia, as a NASA satellite image taken at night earlier this week shows. The Snowy River Complex Fire, which is burning mountain forests near a remote national park, is one of three bushfires that flared up last weekend. Fueled by strong winds combined with a heat wave and prolonged dry conditions, the three fires have consumed more than 180,000 hectares (695 square miles), about 100,000 (390 square miles) of which burned...

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Pfizer faces legal action from Australian competition regulator

2014-02-13 11:35:52| Biotech - Topix.net

Australia's competition regulator said on Thursday it was taking legal action against the local division of Pfizer Inc over the way it marketed its cholesterol-lowering drug Lipitor to pharmacies.

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Singtel results under pressure from forex, Australian market

2014-02-13 09:41:00| Telecompaper Headlines

(Telecompaper) Singtel reported a drop in quarterly revenues and lowered its full-year outlook, hurt by negative currency effects and more cautious spending by business customers. Revenues for the three months to December fell 7.3 percent to SGD 4.263 billion, while EBITDA edged up 0.1 percent to SGD 1.264 billion. Net profit for fiscal Q3 improved 5.5 percent to SGD 872 million, helped by a strong contribution from affiliates such as Airtel in India. Free cash flow rose 6.9 percent to SGD 712 million. Singtel said sales would have been down 2 percent and EBITDA up 6 percent if the forex effects were excluded. The lower sales were mainly due to its Australian unit Optus and the slowdown in the enterprise market. For the full year to March, Singtel maintained its outlook a mid single-digit decline in revenue and low single-digit drop in EBITDA. However, revenue for Group Consumer is now expected to decline by low double digits and Group Enterprise by low single digits. The group also cut its capital expenditure budget for the year to SGD 2.2 billion, due to currency effects and delayed spending. Free cash flow is still expected to reach SGD 2 billion for the full year. 

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Agriculture Takes Centre Stage at Upcoming Australian Conference

2014-02-11 01:00:00| ThePigSite - Industry News

AUSTRALIA - Final preparations are underway for ABARES Outlook 2014, Australia’s premier agricultural conference, which will be held in Canberra on 4 and 5 March this year.

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Australian wildfires destroy at least 20 homes

2014-02-09 20:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: More than 30 homes have been razed in the worst fire conditions Australia has seen since a 2009 inferno killed 173 people, with flames threatening the country's second-largest city, officials said Monday. Hot, dry winds and soaring temperatures fanned scores of major blazes across the southeast on Sunday, with Victoria state sweltering through its worst fire risk weather in five years. "They were ferocious fires, they ran hard, they hit homes," said fire commissioner Craig Lapsley. The emergency...

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