Australian companies appear to be concealing the more pertinent information when they file their annual business reports as the Australian Securities and Investments Commission (ASIC) observed on its review that corporate declarations are lacking in quality.
Australian-based OneSteel Ltd (ASX:OST) says it has met all regulatory conditions to buy the Moly-Cop and AltaSteel businesses from global mining group Anglo American.
Anglo-Australian Rio Tinto (ASX:RIO) says it has completed a 100 per cent divestment of its equity holdings in US collier Cloud Peak Energy Inc. through a fully exercised over allotment in connection with a recently announced secondary offering.
Resource giant Rio Tinto Group (ASX: RIO) has agreed to buy Australian-listed coal miner Riversdale Mining Ltd (ASX: RIV) for A$16 a share, in a deal which values the target at around $3.9 billion.
Foster's Group Ltd (ASX:FGL) says its Carlton & United Breweries (CUB) and Carlsberg Group have extended a long-term exclusive licence to sell the Danish brewer's brands in Australia.
Giant telecommunication firm Telstra Corporation is writing down some $138 million in carrying value of its Octave business operation in China, which mainly deals on giving out technical services and providing phone content to mobile platforms.
Santos Ltd (ASX:STO) $200 million investment plan to drill three wells in the Bay of Bengal has received approval from the government of Bangladesh.
Australia's biggest sugar milling company CSR Ltd has successfully completed the sale of Sucrogen to Singapore's Wilmar International for $A1.843 billion.
New Zealand firm Contact Energy's(NZE:CEN) $1 billion geothermal power station in Taupo has been granted resource consent.
Melbourne-based clean energy company Ceramic Fuel Cells Ltd (AIM/ASX:CFU) is expanding its UK presence.
Independent energy retailer Australian Power & Gas (APG) (ASX: APK) had signed two new contracts for wholesale gas supply.
The separation of its beer and wine business has yet to be finalised but Foster’s Group is not leaving anything to chance and named ahead people that it said would be leading its business’s divided operations.
Newcrest Mining Ltd (ASX:NCM) said today its Bonikro gold mine in Cote d'Ivoire has reduced site activities to a minimum due to the situation following the elections in the African country.
Iron ore miner Giralia Resources Ltd’s board of directors gave its go signal on the $828 million off-market takeover bid tossed by Atlas Iron Ltd and prodded its shareholders to put their stamp of approval on the proposal.
The New Zealand Ministry of Transport (MoT) today approved the proposed alliance between Virgin Blue and Air New Zealand, allowing the two to operate integrated services on trans-Tasman routes.
Global mining giant Rio Tinto Ltd formally dangled an acquisition offer to Riversdale Mining Ltd that news reports said could reach a high of $3.78 billion.
Building materials supplier Boral Ltd (ASX:BLD) has penned a deal to acquire Owens Corning Masonry Products LLC (Cultured Stone) from Owens Corning, a stone veneer company in North America.
Budget carrier Jetstar Airways reabsorbed a pilot it fired in November for publicly criticising the company’s safety standards and cabin staff hiring measures.
Metal producer BlueScope Steel (ASX:BSL) has executed a A$1.35 billion syndicated facility agreement.
Australia's annual population growth rate stalled to 1.7 per cent in the year ending June 2010, according to preliminary figures released today by the Australian Bureau of Statistics (ABS).
Virgin Blue Holdings Ltd's (ASX: VBA) Keith Neate today stepped down as the company's chief financial officer.
Developer Lend Lease today announced it has entered into an agreement with Bilfinger Berger SE to acquire 100 per cent of Valemus Australia, the parent company of Abigroup, Baulderstone and Conneq, for A$960 million.
Wholesale communications, internet and data aggregator ispONE is against the Australian government's decision to implement 120 Points of Interconnect (POI).
Leighton Holdings (ASX: LEI) said today its subsidiary John Holland has won the contract to deliver the enhanced land force (ELF) stage 2 works at the Singleton Army Base in NSW by the Australian Department of Defence. The construct only contract is valued at approximately $110 million.
The Reserve Bank of Australia (RBA) has appointed Michele Bullock as assistant governor (currency), one of six assistant governor positions in the central bank.
Uranium miner Paladin Energy Ltd (ASX:PDN) has initiated its uranium business in Canada and entered into a definitive agreement to purchase Aurora Energy Resources Inc., a wholly owned subsidiary of Fronteer Gold (TSX:FRG, AMEX:FRG).
Australian gas giant Santos (ASX: STO) has successfully completed its fully underwritten A$500 million institutional placement at A$12.55 per share.
Oil and gas explorer Beach Energy Ltd (ASX: BPT) has increased its relevant interest in Impress Energy Ltd (ASX: ITC) to above 60 percent, as a result of continued strong on-market acceptances by Impress shareholders.
Consultant engineer Coffey International Ltd (ASX:COF) today announced it is going to simplify its organisation structure and further reduce operating costs to bring the company into line with fee revenue. Approximately 100 positions will be made redundant.
Australian energy firm Santos Ltd (ASX:STO) has flagged a $500 million to $1 billion equity raising to fund its Gladstone LNG project after signing a deal with state-run Korea Gas Corp (KOGAS).
