Edition:
United Kingdom

Byron Kaye

Citing COVID-19, Australia seeks to bar George Floyd protests

05 Jun 2020

SYDNEY Australian authorities moved on Friday to scupper protests inspired by the death of black American man George Floyd, saying large gatherings risk new coronavirus infections and banning the biggest rally planned for Sydney. | Video

Australia's AAP news agency lives on after finding buyers

05 Jun 2020

SYDNEY Australian Associated Press (AAP) said on Friday it expects to be sold to a group of philanthropic investors, a reprieve for the news agency that had been facing closure, and for the industry, after a run of layoffs as advertising dwindles.

Australia's Westpac says 'faults of omission' allowed exploitation payments

04 Jun 2020

SYDNEY/BENGALURU Australia's Westpac Banking Corp said an internal investigation had concluded that child exploitation payments made through its system were the result of "faults of omission" and not intentional wrongdoing.

Australia's Zip taps US market with buyout of buy-now-pay-later peer QuadPay

02 Jun 2020

SYDNEY/BENGALURU Australian buy-now-pay-later (BNPL) company Zip Co Ltd said it will buy New York rival QuadPay Inc in an all-share deal that values the target at $269 million, joining a rush of Australian companies to tap the world's largest consumer market.

Shinsei to buy New Zealand's UDC Finance for $480 million, its biggest overseas deal

02 Jun 2020

SYDNEY/TOKYO Shinsei Bank Ltd said it will buy New Zealand's top non-bank finance provider, UDC Finance Ltd, for $480 million in its biggest overseas acquisition to date and marking the latest asset purchase by a Japanese company eager to move beyond a low-growth home market.

Australian mall giant Vicinity to raise $932 million in virus cash dash

01 Jun 2020

SYDNEY/BENGALURU Australian No. 2 shopping mall manager Vicinity Centres cancelled its dividend on Monday and said it planned to raise A$1.4 billion ($932 million), underscoring pressure on the retail sector from the new coronavirus outbreak.

Australian court orders release of letters to Britain's Queen Elizabeth surrounding PM sacking

29 May 2020

SYDNEY An Australian court ruled on Friday that the country's archives must release letters between Britain's Queen Elizabeth and her local representative during the 1970s, a move which may shed light on the sacking of its then prime minister Gough Whitlam. | Video

News Corp slashes Australian newspapers, media jobs, in virus downturn

28 May 2020

SYDNEY The Australian arm of Rupert Murdoch's News Corp said on Thursday it will stop printing more than 100 regional newspapers after the coronavirus shutdown gutted advertising revenue, accelerating a downturn in the country's media sector.

UPDATE 1-Kuwaiti livestock ship held off Australia due to coronavirus outbreak

26 May 2020

SYDNEY, May 26 A Kuwaiti livestock ship, without animals aboard, was being held off Australia's west coast after six crew members tested positive for the new coronavirus, authorities said on Tuesday, heightening concerns over how arrivals by sea are handled.

REFILE-Kuwaiti livestock ship held off Australia due to coronavirus outbreak

26 May 2020

SYDNEY, May 26 A Kuwaiti livestock ship was being held off Australia's west coast after six crew members tested positive for COVID-19, authorities said on Tuesday, heightening concerns over how arrivals by sea are handled.

World News