Oceania

China, Australia Roll Out 5-Year Visas to Citizens for Business, Tourism

China and Australia will now offer each other's citizens multiple-entry visas valid for up to five years.


Surge of Chinese EVs in Australia Sparks Dumping Concerns, Up to 50 Brands Expected by 2030

The influx of Chinese electric vehicles into the Australian car market, potentially reaching up to 50 brands by 2030...

Australia Detects Bird Flu in Victorian Egg Farm, Plunging Area to Lockdown Amid Fears Strain Could be Similar to What Causes Mass Poultry Deaths Worldwide

Bird flu has been detected at an Australian egg farm, putting it on lockdown amid worries that it is a strain causing catastrophic poultry deaths and the potential source of the next global pandemic...

Australian Telco Giant Telstra to Cut 2,800 Jobs by End of 2024 to Keep on Competitive Landscape

Telstra announced that it will cut 2,800 jobs by the end of 2024, especially products and services in its enterprise business...


Latest News

Sime Darby purchases 70% stake in Australian car dealer
Malaysian conglomerate Sime Darby Bhd announced that it has agreed to purchase a 70% stake in Australian car dealer Brisbane BMW Unit Trust and LMM Holdings Pty Ltd for AUD22.7 million (USD20.75 milli
Dairy Australia's new chair welcomes takeover bids
Dairy farmer Geoff Akers, the new chair of Dairy Australia, says the surge in takeover bids for milk processing companies is a good change for the industry.
Queensland sells USD350 million of Aurizon stake
The government of Queensland has exited its 74.3 million shares worth USD350 million in the formerly state-owned coal and bulk freight rail company Aurizon, reducing its stake in the firm to under 5%.
Global PC market expected to stabilize in the long term -report
The International Data Corporation released its forecast for the PC market worldwide, estimating a 10.1% plunge in 2013 sales, a 3.8% contraction in 2014, and a 300-million mark on an annual basis.
US web app Swarm Mobile bags USD3.5 million to track shoppers in brick and mortar stores
San Francisco-based web app Swarm Mobile raised around USD3.5 million to develop technology that can track in-store shoppers through their smartphones to help physical stores compete with e-commerce r
PM Tony Abbott says Australia may acquire stake in Qantas
Australian Prime Minister Tony Abbott said today the government may purchase a stake in Qantas Airways to help the troubled carrier compete with better-financed rivals.
Australia's Elysium Resources closes Burraga Copper takeover
Sydney-based gold and copper mining exploration firm Elysium Resources Ltd has successfully completed its takeover offer for unlisted Burraga Copper Ltd in New South Wales.
Australian insurer Cover-More plans $476 mln IPO
Australian insurer Cover-More Group is seeking to raise A$521.2 million in an initial public offering by selling up to 260.6 million shares at A$2 each, according to a prospectus lodged on Monday.
GrainCorp chief heads for Coke bottler after Australia rejects ADM takeover
GrainCorp Ltd chief executive Alison Watkins has resigned just days after the Australian government rejected a takeover offer from US agricultural giant Archer Daniels Midland Inc, and will head the C
Top deals of the deay - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Friday including Statoil, Cassa Depositi e Prestiti, ThyssenKrupp, Mercator, Avivasa Emeklilik, Hayat Sigorta, Banca Monte dei
Real Time Analytics