Roma Christian – Page 59

Thorn Shareholders Query Proposed Buy Bid

Roma Christian September 20, 2019 No Comments

Shareholders of Radio Rentals owner, Thorn Group, have reportedly expressed concern over the company’s decision to raise equity before announcing the results of a strategic asset review. According to The Australian,…

Amazon Tipped To Etch Western Sydney Depot

Roma Christian September 20, 2019 No Comments

E-commerce behemoth, Amazon, is tipped to etch a second Sydney depot, this time within the hotly anticipated ‘Oakdale West’ development – set to be the largest segment of industrial-approved land…

ACCC Energy Deal To Benefit Bunnings, Costco, Officeworks

Roma Christian September 20, 2019 No Comments

The ACCC has issued a draft determination permitting selected Large Format Retail Association (LFRA) members to jointly tender and negotiate cheaper electricity power prices – benefiting Officeworks, IKEA, Bunnings and…

August Unemployment 5.3% Despite Jobs Surge

Roma Christian September 19, 2019 No Comments

Australia’s unemployment rate has exceeded economist expectations, notching 5.3% in August despite creating 34,700 new jobs – more than double the ~15,000 expected. Market forecasts predicted 5.2% unemployment, prompting speculation…

Oz Retail Foot Traffic Steady Despite ‘Recession’

Roma Christian September 19, 2019 No Comments

Australian retail foot traffic is reportedly steady, despite sluggish conditions and David Jones’ parent company declaring a state of retail “recession.” New data commissioned by parcel delivery service, CouriersPlease, reveals…

Huawei Banks On 5G For 2020 Sales Lift

Roma Christian September 19, 2019 No Comments

[Image source: Evan Blass] Chinese telco giant, Huawei, is banking on 5G technology to lift next-year revenue, despite being banned from the 5G network build of several countries including Australia.…

Thorn Group Reject Buy Bid, Raise $15M

Roma Christian September 18, 2019 No Comments

Radio Rentals owner, Thorn Group, has rejected a buy bid for its Business Finance division, choosing to raise capital via rights issue to “stablise” operations and settle its class action. Announced…

Google Joins Facebook To Pan ACCC Inquiry

Roma Christian September 18, 2019 No Comments

Google has joined Facebook to pan the ACCC’s digital platforms inquiry, voicing concerns with regulation recommendations including intervention of the Android smartphone OS. Disclosed in a blog post, Google Australia…

Jabra Ink Amazon Exclusive Headphone Deal

Roma Christian September 18, 2019 No Comments

Danish audio equipment manufacturer, Jabra, has cozied up to Amazon Australia, exclusively releasing a ‘Copper Black’ variant of its renowned Elite 85 headphones to the e-commerce behemoth. The new Copper…

LG ‘Styler’ Dry Clean System Lands In Oz

Roma Christian September 17, 2019 No Comments

LG has released its innovative ‘Styler’ Steam Clothing Care System to selected Harvey Norman stores (A$3,299), targeting premium buyers with a convenient smart home dry cleaning solution. Comprising a sleek…