Edition:
United Kingdom

Paulina Duran

UPDATE 3-Australia's NAB flags extra $537 mln provision for customer refunds, talks dividend review

18 Apr 2019

* Board to review dividend policy - analysts expect cut to 90c

U.S. family tracking app Life360 launches $104 million Australian IPO

18 Apr 2019

SYDNEY U.S. family tracking app operator Life360 has launched a A$145 million ($104 million) initial public offering in Australia, marking what is likely to be the country's biggest technology float in three years.

GFG Alliance outlines plan to consolidate Liberty's global steel assets

18 Apr 2019

SYDNEY GFG Alliance, a privately held conglomerate, said on Thursday it plans to integrate most of the mining and engineering businesses under its Liberty House unit into a single global steel business with assets across the UK, Europe and Australia.

UPDATE 2-Australia's Blackmores says quarterly profit hit by China import rules

16 Apr 2019

* Blackmores shares down up to 8 pct (Recasts on third-quarter result, adds shares, analyst quotes)

Citigroup to refund retail customers for investment losses - Australian regulator

15 Apr 2019

SYDNEY Citigroup is refunding more than A$3 million (£1.7 million) to retail customers in Australia who suffered losses from complex investments sold by the bank without adequate advice, the country's corporate watchdog said on Monday.

Australian pension funds in merger talks to form country's second largest

05 Apr 2019

SYDNEY, April 5 First State Super and VicSuper are in merger talks to create Australia's second largest pension fund, they said on Thursday, as the industry faces regulatory pressure to improve standards and accountability.

Takeover target GrainCorp to split business, engaging with suitors

04 Apr 2019

SYDNEY Australian takeover target GrainCorp Ltd said on Thursday it plans to separate in two, spinning off and listing its global malting unit and restructuring its grain business, whose earnings have been hit by drought.

UPDATE 2-Australia's MYOB says activist investor gives in to KKR buyout offer

03 Apr 2019

* Shareholders to vote on bid on April 17 (Recasts, adds background)

U.S. family tracking app Life360 seeks investors for Australia IPO

01 Apr 2019

SYDNEY U.S. family tracking app operator Life360 has begun approaching potential investors for a listing in Sydney, fund managers said on Monday, valuing the company at up to $675 million in what could be Australia's biggest technology IPO in three years.

Australia's Wesfarmers hints takeover battle for Lynas not over

29 Mar 2019

MELBOURNE/SYDNEY Australia's Wesfarmers Ltd remains keen on buyout talks with rare earths miner Lynas Corp Ltd, the retail-to-chemicals conglomerate said on Friday, despite its A$1.4 billion ($992 million) approach being rejected earlier this week.

World News

Yellow vest demonstrators, police clash in Paris

Clashes broke out between dozens of demonstrators and police in Paris on the 23rd Saturday of yellow-vest protests after authorities warned that rioters could return to the French capital to spark a new wave of violence.