Australian government to tackle banks on mortgages

Sunday, January 13, 2008 The Department of the Treasury, Canberra. Image: Adam Carr. In response to higher than expected mortgage rate increases last week, Australian treasurer Wayne Swan flagged changes to banking regulations to increase competition between lenders on home mortgages. Swan announced yesterday he had sought a Treasury report on the banking sector ahead […]

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Vancouver stadium dome damaged

Saturday, January 6, 2007 The inflatable roof covering BC Place Stadium in Vancouver, British Columbia was intentionally collapsed in a “controlled deflation” on Friday after a section of the dome was ripped open. As the seven-metre tear became caught in the wind, it began to make loud noises, which one stadium worker described as similar […]

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SpaceX scrubs Falcon I rocket launch

Monday, November 28, 2005 TacSat-1 spacecraft, which was supposed to be the successor to the Falcon I SpaceX called off the much-delayed inaugural launch of their new Falcon 1 rocket on Saturday from Kwajalein’s Omelek Island launch site. The intent was to launch the U.S. Air Force Academy’s FalconSat 2 satellite, which will monitor plasma […]

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GSK rejects three Unilever bids to buy consumer healthcare arm, says unit was “fundamentally undervalued”

Sunday, January 16, 2022 London head office of GlaxoSmithKline on July 30, 2007. Image: Ian Wilson. United Kingdom-based pharmaceutical giant GlaxoSmithKline (GSK) confirmed January 15 it had rejected three “unsolicited, conditional and non-binding proposals” by Unilever to acquire its Consumer Healthcare division, including one bid of GBP50 billion in value made on December 20, believing […]

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