Oceania

Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services

Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.


Melbourne Residents Face Steeper 'Bin Tax' Increase Amid Cost-of-Living Concerns

An Australian council plans to increase its "bin tax" despite the controversy surrounding it since it was implemented just a year ago...

New Zealand Implements New Import Rules for Frozen Berries After Hepatitis A Outbreak

New Zealand Food Safety has updated its import regulations to handle frozen berries better to avoid another hepatitis A outbreak...

Australian Farmer Prepares Grave of 3,000 Sheep After Failing to Find Buyer

A heartbreaking video captures the somber moment of an Australian farmer preparing a mass grave for 3000 sheep, shedding light on a significant concern...


Latest News

US firm PaxVax scores USD22 million in Series B for late-stage cholera vaccine
California-based pharmaceutical company PaxVax Inc raised USD22 million in a Series B funding round for the late-stage trial of its single-dose oral cholera vaccine for travelers.
Shares of Australia's Dick Smith see a five-fold increase in stock market debut
Australia electronics chain Dick Smith Holdings Ltd's rise on the Australian Stock Exchange had put its enterprise value to five times its value at the time of its buyout at AUD534 million.
Nine Entertainment to raise AUD643 million in Australia's second-biggest IPO this year
Nine Entertainment Co., Australia's second-largest media company, seeks to raise AUD643 million (USD582 million) in its initial public offering. If successful, the deal could give Nine a market capita
Brisbane firm Blue Sky to raise USD25.59 million through share sales
Brisbane-based private equity fund manager Blue Sky Alternative Investments Ltd plans a USD25.59 million fundraising by the end of 2013 through a series of share sales.
Australian carrier Qantas considers stake sale -report
If the Australian federal government does not boost Qantas Airways Ltd's credit ratings, the national carrier may sell its shares in its frequent flyer division or Jetstar's Asian arm, the Australian
Australia's Dick Smith lifts on debut after USD315 million IPO
The shares of Australia-based electronics seller Dick Smith Holdings Ltd lifted on its debut on Wednesday after securing USD315 million in its initial public offering.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on tuesday including Adcock Ingram, Energa, Nordea Bank, Alitalia, Ben Venue, TIM Participacoes, Douglas, Mercator, Novartis, Onco
Exits by funds in Australia rises due to shareholder demand - private equity, venture capital
The Australian Private Equity and Venture Capital Association revealed statistics which indicated that private equity activity in the region had heated up following a soft period.
Rio Tinto to cut capital spending in half by 2015
As the second-biggest mining company in the world, Rio Tinto Group, struggles against the drop in mineral prices, the company resolved to reduce its capital spending to around USD8 billion in 2015.
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