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Airbag maker Takata files for bankruptcy
'Of course Turnbull is safe' · Prime Minister Malcolm Turnbull delivers an address at the 59th Liberal Party Federal Council Meeting in DAVID CROWE. Scott Morrison plays down Newspoll after PM suffered a backlash in South Australia, .
Takata decides to file for bankruptcy
Takata's US arm filed Chapter 11 bankruptcy in Delaware with liabilities of $US10 billion to $US50 billion, a court filing showed. The firm would file a similar procedure in Japan in the coming hours, a source with knowledge of the matter tol.
Asia markets set to open lower as oil edges higher; several markets closed
On a Friday NY close-to-close basis, the dollar is 0.1 percent to 0.2 percent higher, U.S. stocks are virtually unchanged and Treasury yields are very narrowly mixed," said National Australia Bank Head of Forex Strategy .
Retail pain spreads up the chain
Adrian Hunter, a partner at corporate insolvency group Brooke Bird, told The Australian Helder was a casualty of the downturn in the retail sector after a number of its own customers collapsed, owing it hundreds of thousands of dollars. .
Ten chairman David Gordon sold down stake in company
Mr Gordon, appointed chairman of Ten in July 2015, offloaded 88 per cent of his shareholding in Australia's third-placed commercial network a year after taking the helm, raising questions about his confidence in .
It's the technology, stupid: we need a plan for post-coal world
Everyone should now stop worrying and arguing about the 50th Finkel recommendation and start on a plan for Australia's post-coal economy. In his address to the National Press Club on Wednesday, Chief Scientist A.
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