Edition:
United Kingdom

Tom Westbrook

Australia's drought could produce a corker vintage

11 Sep 2018

GRIFFITH/BAROSSA, Australia If Australia's big dry has a silver lining, it'll be worth cellaring, according to vintners, who are scrambling to irrigate vines while preparing for a smaller but sweeter vintage. | Video

Australia's drought could produce a corker vintage

11 Sep 2018

GRIFFITH/BAROSSA, Australia If Australia's big dry has a silver lining, it'll be worth cellaring, according to vintners, who are scrambling to irrigate vines while preparing for a smaller but sweeter vintage. | Video

RPT-Australia's drought could produce a corker vintage

09 Sep 2018

* Winemakers expect drought to cut yield but improve grape quality

UPDATE 2-Australia's Telstra jumps after guidance cut smaller than expected

06 Sep 2018

* Govt network rollout delay to hurt FY19 revenue by A$300 mln

Blackstone ups ante in bidding war for Australia's Investa

06 Sep 2018

SYDNEY Buyout giant Blackstone Group LP said it was willing to lift its bid for Australian landlord Investa Office Fund to A$3.3 billion ($2.4 billion) on Thursday, to beat a rival offer from Canada's Oxford Properties Group.

Canada's Oxford battles Blackstone for Australia property with $2.4 billion Investa offer

04 Sep 2018

SYDNEY Canadian landlord Oxford Properties Group lobbed a last-minute A$3.3 billion ($2.4 billion) bid for Australian office owner Investa Office Fund on Tuesday, edging out an earlier offer from U.S. private equity firm Blackstone Group .

New Zealand TV journalist held by Nauru police

04 Sep 2018

WELLINGTON/SYDNEY Police in the South Pacific island of Nauru briefly held a New Zealand journalist at a police station and cancelled her permit to cover a regional leaders' conference on Tuesday, because she met refugees without seeking permission, the government and broadcaster TVNZ said.

UPDATE 2-Australia's Transurban consortium buys control of record Sydney road project

31 Aug 2018

* Shares halted until Sep. 5 (Adds CEO comments on media call, adds background, analyst)

Australia's TPG Telecom, Vodafone unite to take on rivals

30 Aug 2018

SYDNEY Australia's TPG Telecom Ltd agreed a merger with Vodafone Group's Australian business on Wednesday, easing competition in the cut-throat sector and buying scale to take on bigger rivals Telstra Corp Ltd and Optus.

Quake off New Caledonia triggers small tsunami waves, no damage reported

29 Aug 2018

SYDNEY A powerful undersea earthquake with a magnitude of 7.1 struck on Wednesday near New Caledonia in the South Pacific, creating small tsunami waves, but there were no reports of damage, regional officials said.

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