Business
ASX down 0.3% as heavyweights drag; IDP Education jumps 15% – The Sydney Morning Herald
Australian shares started lower after a volatile overnight session on Wall Street. The major miners were down, while the big four banks and CSL also sagged in early…
Losses at the Geelong oil refinery blew out to $95.1 million, the company said. Viva did not declare a final dividend.
During 2020 the response to the COVID-19 pandemic had a significant impact on our business and our customers, Viva chief executive Scott Wyatt said.
While the refining business was impacted by the substantial decline in both domestic and global oil demand, the actions taken to maintain production and bring forward major maintenance helped to mitigate losses.
The fate of Vivas refinery,…
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