Feeds:
Posts
Comments

Posts Tagged ‘contracts.’

A Perth man has become the first person in Australia to contract a strain of swine flu which is resistant to the antiviral drug Tamiflu.

WA Health confirmed the 38-year-old man, who has a weaken Australia to contract a strain of swine fled immune system, initially responded to the drug but developed a resistant strain of the virus when his illness relapsed.

There have been 13 cases of Tamiflu-resistant infections reported around the world.

WA’s Chief Health Officer Dr Tarun Weeramanthri said in a statement this was a rare and isolated case and did not pose a risk to the public.

“There is no evidence that the virus has spread to other people – none of the patient’s family or hospital staff caring for him have contracted the virus, and he has not been in contact with the wider community,” he said.

“Experience from overseas shows us that these cases tend to be confined to individual patients and it is not uncommon for it to occur in people who have weakened immune systems.”

Dr Weeramanthri said the man had been treated with an alternative antiviral drug that was active against the resistant virus and was no longer infectious.

However, he remains in a critical condition in intensive care.

“When it becomes available, the human swine flu vaccine will offer the best protection against the virus and I would encourage people to seriously consider getting vaccinated,” he said.

The first people to be offered the vaccine will be pregnant women in their second and third trimester, those with underlying medical conditions including morbid obesity, Aboriginal people, children in special schools and frontline healthcare workers, WA Health said.

Source  :  www.watoday.com.au

Advertisement

Read Full Post »

Initial work at the Chevron-led Gorgon gas project could begin before Christmas if final investment is approved by the three joint venture partners.

The proposed development, which was given final environmental approval today, will create as many as 10,000 jobs at its peak and underpin a major expansion of liquefied natural gas (LNG) production across Australia.

Chevron greater Gorgon area general manager Colin Beckett said a few other formal approvals were needed before a final investment decision was made.

He said he did not want to pre-empt the decision, which should be made “fairly soon”.

But Chevron was committed to the project, he said.

“We now need to just turn our attention to finalising a few other formal approvals which will be of much lower profile,” Mr Beckett said.

Once those are out of the way we will be able to finalise our final investment decision.”

Mr Beckett said that once a decision had been made the next step would be to place purchase orders and contracts for project construction.

He said the company had already committed to $2 billion of contracts.

“By Christmas we would be starting to do some of the initial work on Barrow Island while in other places we complete our design and get on with the procurement activity,” he said.

“So we’ll be making early strides there and by the end of next year we’ll be working pretty flat out on Barrow Island itself.”

Accommodation for 3,300 fly-in, fly-out workers will be included in the construction phase, which is expected to create 7,000 jobs for people working on the project and a further 3,000 in spin-off employment.

Mr Beckett said the project would draw labour from across Australia.

Read Full Post »

Wall StreetTHE share market has opened marginally stronger the morning after the federal budget was handed down, and following a mixed lead from Wall Street.
At 10.15am (AEST), the benchmark S&P/ASX200 was up 12.1 points, or 0.31 per cent, at 3889.3, while the broader All Ordinaries gained 8.7 points, or 0.23 per cent, to 3872.3.

The four major banks were mostly higher at the open.

ANZ gained 4cents to $16.01, NAB was up 14 cents at $22.00 and Westpac was up 10 cents at $20.48.

The Commonwealth Bank, which reported cash earnings for the March quarter of about $1.15 billion, generating a cash return on equity of over 15 per cent, was down 20 cents at $36.40.

Resources weren’t as lucky, opening lower in morning trade.

Mining giant BHP was down five cents at $34.26, while rival Rio Tinto lost 4.41 per cent to $65.46.

Wall Street wobbled to a mixed finish on Tuesday as investors paused to assess gains from a long rally and mulled the new efforts to raise capital by banks and other firms.

The markets also digested better-than-expected data on the US trade deficit and reassuring comments from Federal Reserve chairman, Ben Bernanke, about the health of the banking system.

The Dow Jones Industrial Average was up 50.34 points, or 0.60 per cent, to settle at 8,469.11.
The tech-dominated Nasdaq dropped 15.32 points, or 0.88 per cent, to 1715.92 while the broad-market Standard & Poor’s 500 index lost 0.89 point, or 0.1 per cent, to settle at 908.35.

On the Sydney Futures Exchange, the June share price index contract was trading 17 points higher at 3885 on volume of 4900 contracts.
www.news.com.au

Read Full Post »