Briefs
Sydney Morning Herald
Saturday February 27, 2010
Second tilt at LiftThe options trader Tony Famularo is making a second attempt to overturn the decision to reject his claim for a $103 million debt from failed margin lender Lift Capital. Mr Famularo's 25 companies have applied to the Federal Court to appeal against a ruling that the veteran trader was not entitled to claim as a creditor.Miner takes aimShares in PanAust went into a trading halt yesterday pending an announcement, which the market is tipping will be a $230 million bid for Canadian explorer Chariot Resources. Chariot owns a 70 per cent stake in the Mina Justa copper project in Peru.Wild oil ride aheadCountries must brace for a return to wild oil price swings as the global economy recovers, the head of the International Energy Agency, Nobuo Tanak, warned yesterday at an energy forum in Tokyo.
© 2010 Sydney Morning Herald