Oceania

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...

AU, NZ Evacuate Nationals as Unrest in New Caledonia Continues

The foreign ministries of Australia and New Zealand have announced that it would be evacuating its nationals in New Caledonia as riots spark across the island regarding independence and nickel mining...

US, Australia Introduce Uncrewed Underwater Manta Ray Drone

A new underwater drone has successfully completed its first trial, showcasing its ability to navigate through the depths of the sea without being detected...


Latest News

Oil Search Ltd rejects $8B takover offer by Woodside
Oil Search Ltd has refused the $8-billion takeover bid made by Woodside Petroleum Ltd, the biggest energy company in Australia. The rejection has turned out to be a major hurdle for Woodside Petroleum
Australian dollar recovers as unemployment figures went down
The Australian dollar has slightly recovered after Australian employers created more jobs than what economists forecasted last month, pulling down the unemployment rate. According to Bloomberg, the Au
Dollar, bond yields up on Fed rate risk
Asian shares markets got off to a watchful start on Wednesday as the mounting risks of a hike in U.S. interest rates as early as next month lifted the dollar and sovereign bond yields, pressuring curr
Australian state could change mining approval rules, impact Rio Tinto project
The Australian state of New South Wales has proposed changing its mining approval process to give greater consideration to environmental concerns, potentially threatening a colliery expansion planned
Germany's BMW among suitors for $6.4 billion ANZ car finance unit -source
Germany's BMW AG (BMWG.DE), Australia's Macquarie Group (MQG.AX) and a host of U.S. private equity firms are expected to bid for Australia and New Zealand Banking Group's (ANZ.AX) more than $6 billion
World financial fears keep Asia firms in holding pattern - Reuters/INSEAD survey
Sentiment at some of Asia's biggest firms has deteriorated as a slowing Chinese economy, Greek sovereign debt crisis and looming U.S. interest rate hike create deepening concern about the state of the
BHP's South32 risks tough market debut, M&A talk swirls
BHP Billiton's shareholders are expected to approve the biggest ever spin-off in the mining industry on Wednesday, seeking to wring more value out of a string of long-neglected aluminum, manganese, si
Tattoo snafu irks inked Apple Watch wearers
Early adopters of the Apple Watch, Apple Inc's (AAPL.O) first new product in five years, are complaining that a number of its key functions are disrupted by their tattoos.
Asia shares notch new peaks, weather China news
Asian shares weathered a soft reading on Chinese manufacturing on Thursday as it only whetted expectations for more policy stimulus there, while a sharp rise in British and German bond yields rippled
Australia's Fortescue tells miners to work more as iron ore price sinks
Australia's Fortescue Metals Group Ltd will change its roster to increase the time workers spend at mines, as the world's fourth largest iron ore producer rushes to reduce costs in the face of plungin
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