The announcement that Toyota will stop making cars in Australia in 2017, marks an end to the nation's car manufacturing sector. Last year, Ford and General Motors' Holden unit also announced plans to stop producing cars in Australia.

Around 2,500 Toyota workers will lose their jobs, while the loss of the wider automotive industry will put tens of thousands more jobs at risk.


Net income for the quarter ending on 28 December rose by 33 percent from a year earlier to $1.84 billion. The earnings, which beat analyst expectations, were driven by the performance of its film business which was responsible for the likes of Thor: The Dark World and Frozen, the 3D animated take on Hans Christian Andersen’s tale The Snow Queen. The film has taken more than $864 million in box office receipts around the world.


In the short space of five years since BevPak was established in Ibadan, Nigeria’s third largest city, the company has put down strong roots in Nigeria. In 2008, a group of entrepreneurs bought a small operation in the city and equipped it with modern machinery to produce the preforms from which PET bottles are blown. The Managing Director of this operation is Syd Carter, who has 18 years’ experience in the PET conversion industry in Africa.



10. New Doha Port Country: Qatar

Sector: Ports & Logistics
Sponsor: New Port Project Steering Committee
Stage: Under construction
Value: $8.2 billion

9. Canakkate Suspension Bridge
Country: USA
Sector: Highways & Bridges Sponsor: Texas DOT
Stage: Construction/procurement
Value: $9.7 billion


In a little over ten years, South Africa based airborne geophysical company, Xcalibur Airborne Geophysics has successfully collected over three million line kilometres of low level data for its client base of major mining companies and junior exploration businesses.


Discipline is a great virtue in the challenging price environment the gold mining industry finds itself in today: the players who can keep operating through the lean times will be the ones best place to take advantage of anticipated price rises. But though these struggled upward to the tune of some $60 over the course of January – and western economies are showing signs of growth allied to greater confidence – prospects for 2014 remain uncertain. Investors know that, and they continue to set a premium on discipline.


When we last spoke to President and CEO of DNI Metals Shahe Sabag towards the end of 2011 his company had just achieved a significant milestone in its history, identifying the first mineral resource from one of its six mineral systems located within the 2,720 square kilometre property the company holds in the Birch Mountains, north of Fort McMurray adjacent to the oilsands deposits of northern Alberta, Canada.


The company has announced C$4.3 million deal that will see it issue 21.65 million new shares in exchange for the entire issued share capital of St Vincent Minerals (SVM), whose assets include the Gabbs property in Nye County, Nevada.

The deal represents a departure for Galileo, whose portfolio until now had included three projects and nine exploration sites across South Africa, Zambia and Mozambique.


Christine Lagarde pointed to “two broad currents” that would dominate the coming decades—increasing tensions in global interconnections; and increasing tensions in economic sustainability.

To address these emerging global tensions, she proposed:“A solution that builds on the past and is fit for the future: a strengthened framework for international cooperation. In short, a new multilateralism for the 21st century.”