SYDNEY/BENGALURU Coca-Cola Co's European bottler has made a A$9.28 billion ($6.6 billion) buyout approach to Australian peer Coca-Cola Amatil Ltd , a cut-price proposal that the target firm is backing due to uncertainty sparked by the coronavirus crisis.
SYDNEY Australia's corporate watchdog said on Friday it was "very alive" to alleged failures of corporate governance at casino giant Crown Resorts Ltd raised at a regulatory inquiry, and that it may open its own investigation.
SYDNEY The chair of Australia's corporate regulator stood aside on Friday pending a review of his claiming of expenses, saying the government auditor suspected he overshot his maximum salary allocation with payments incurred moving from the United States.
SYDNEY/BENGALURU Shareholders of Crown Resorts Ltd voted against executive pay at the company's annual general meeting on Thursday, a step toward removing the board, as the Australian casino giant apologised for corporate governance failings.
SYDNEY Australia's financial crime agency began investigating casino giant Crown Resorts Ltd on suspicion of failure to comply with anti money-laundering protocols, putting a planned resort opening under pressure and sending its shares tumbling. | Video
SYDNEY Australian authorities on Thursday dropped an investigation into a journalist accused of receiving classified information to produce a report on alleged troop misconduct in Afghanistan, the second media probe dismissed amid concerns over press freedom.
SYDNEY, Oct 15 Australian authorities on
Thursday dropped an investigation into a journalist accused of
receiving classified information to produce a report on alleged
troop misconduct in Afghanistan, the second media probe
dismissed amid concerns over press freedom.
SYDNEY A director of Australia's Crown Resorts Ltd told an inquiry she felt pressured by its then-chairman to sign a now-discredited newspaper advert attacking negative media coverage, just as shareholders on Thursday called for her to be voted out.