Tag Archives: crash

41 killed in horrific police bus crash in Argentina

Updated December 15, 2015 02:00:13

About 41 individuals have died following a bus carrying police officers was driven off a bridge in Argentina, an emergency official says.

The bus was carrying 60 officers from Argentina’s gendarmerie, which patrols the country’s borders, when it flipped and plunged far more than 15 metres into a dry riverbed in the northern Salta province.

Salta borders Bolivia, Chile and Paraguay.

The new death toll from emergency officials in Salta province was a lot more than double that originally given by a nearby mayor.

The death toll may rise as rescue crews have been functioning to free others who had been trapped.

Ten police officers had been hospitalised, 4 of them in serious condition, emergency chief Francisco Marinaro told a regional radio station.

The driver lost control of the bus as it began to cross a bridge and it tumbled into the ravine, nearby police stated in a statement.

Visibility was very good at the time of the crash, police stated, adding that officials had not ruled out mechanical failure as the trigger.

President Mauricio Macri, elected final month on a platform that incorporated enhancing Argentina’s rural roads, sent his condolences to households of the victims of the crash.

“We require to boost our highways so these things do not keep happening,” he told reporters.

Rosario de la Frontera Mayor Gustavo Solis mentioned the trigger of the crash was still unknown.

He stated the road where the crash occurred was recognized to be in poor situation.

“These of us who know the location try to keep away from driving at night,” he said.

External Hyperlink: Map of the Argentina bus crash involving a busload of police officers in the northern Salta province.

AFP/Reuters

Subjects: road-transport, police, argentina

1st posted December 15, 2015 01:12:50

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Three individuals dead after head-on crash in Darwin

Updated December 12, 2015 07:17:27

Map: Darwin 0800

Three people have died right after a crash on Tiger Brennan Drive in Darwin this morning.

Police say there was a head-on collision between a bus and a smaller sized car.

The accident happened among Amy Johnson Avenue and the Winnellie Industrial estate.

Police say Tiger Brennan Drive, a major arterial road into Darwin, is expected to be closed for an comprehensive period of time even though they investigate.

Much more to come.

Topics: accidents, death, police, darwin-0800

Very first posted December 12, 2015 07:13:43

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Dick Smith shares crash on $60 million earnings hole

Posted November 30, 2015 13:41:23

Shares in electronics retailer Dick Smith have crashed by as considerably as 69 per cent after the firm shocked investors with a $ 60 million earnings impairment.

In a statement released to the ASX, Dick Smith said November trading was below expectations and the company’s stock holdings remained above management’s preferred levels.

“We stay cautious, on the outlook for the Christmas trading period,” Dick Smith managing director and CEO Nick Abboud stated.

“We will continue to drive sales, preserving flexibility on gross margin to reduce inventory and improve our net debt position.”

The firm also mentioned it was unable to reaffirm its earlier profit guidance.

In October, Dick Smith stated it anticipated income would be $ 5 million to $ eight million reduce than its previous guidance of $ 45 million to $ 48 million.

Forager Fund Management chief investment officer Steve Johnson said the business was looking problematic for investors.

“You would appear at it and say it does not have a lot of debt but it does have commitments to spend a lot of rent and that can be a extremely large dilemma,” he said.

“I would guess from today’s announcement that it will be loss-producing rather than profitable at all.”

JB Hi-Fi a powerful rival

In 2012, private equity firm Anchorage bought Dick Smith from Woolworths for $ 94 million.

A year later, the business floated on the stock marketplace at $ 2.20 per share, making its industry value $ 525 million, a gain of practically 500 per cent.

“It is basically reverting back to its former self and … there is an argument to be produced that it was possibly in no way generating any genuine profits, but was temporarily dressed up by private equity to be able to sell it to the marketplace,” Mr Johnson mentioned.

Mr Johnson said it was likely Dick Smith would begin to close shops as its principal rival JB Hi-Fi takes far more of its industry share.

“I consider if something, this has just highlighted some of JB Hi-Fi’s competitive advantages and how entrenched it is in consumer’s minds,” he stated.

“They’ve got a broader mix of goods, they’ve got a significantly decrease cost of performing company, it is a far more eye-catching spot to go and shop.”

Subjects: enterprise-economics-and-finance, retail, australia

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Man pleads guilty to manslaughter over high-speed crash

Posted November 27, 2015 13:01:23

Map: Launceston 7250

A Launceston man on trial for manslaughter more than a higher-speed crash that killed a woman at Evandale last year has changed his plea to guilty.

David Johnathan Holmyard, 25, had pleaded not guilty to the charges in the Supreme Court in Launceston yesterday when his trial began, but entered a guilty plea today.

Maureen Flanagan, 54, died when a automobile being driven by Holmyard slammed into her utility as she was turning into her driveway.

Topics: law-crime-and-justice, courts-and-trials, launceston-7250

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Bus driver killed in crash near Moss Vale

Posted November 26, 2015 15:ten:07

Map: Burrawang 2577

A bus driver has died and three passengers have been taken to hospital after a crash in the NSW Southern Highlands.

The bus was travelling from Wollongong to Moss Vale when the accident happened close to the town of Burrawang.

A NSW TrainLink spokesperson mentioned the bus was a NSW TrainLink service.

“We have confirmed with NSW Police the driver is deceased and 3 customers have been taken to Bowral Hospital with minor injuries,” the spokesperson said.

“NSW TrainLink extends its sympathies to the driver’s family at this hard time.”

The Illawarra Highway is closed in both directions due to the accident.

Subjects: accidents, burrawang-2577

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