Rhode Island Man Admits to Shipping Fentanyl to Australia
Felix Suarez, 25, pleaded guilty to conspiracy to distribute and to possess with intent to distribute fentanyl; two counts of attempt to distribute a controlled substance; unlawful export of a controlled substance;…
Former Cargo Handler at LAX Sentenced to One Year in Prison for Stealing Four Gold Bars Headed from Australia to New York
LOS ANGELES – A former cargo handling company employee at Los Angeles International Airport was sentenced today to 12 months in federal prison for stealing four gold bars that were part…
Exclusive-Argentina’s Bioceres to seek Australia approval to plant its GMO wheat next year, CEO says
By Jorgelina do Rosario LONDON – Argentina’s Bioceres Crop Solutions plans to carry out field tests of its genetically modified drought resistant wheat in Australia and seek planting approvals next year, Chief…
Australia central bank sees need to normalise policy in inflation fight
SYDNEY – Australia’s central bank decided to raise interest rates by a larger 50 basis points this month because policy would still be very stimulative and it needed to be normalised to…
Australia central bank concedes yield target exit was disorderly, damaging
By Wayne Cole SYDNEY – Australia’s central bank said on Tuesday its pandemic stimulus programme to keep short-term bond yields low was successful for much of its life but the exit was…
Australia power crisis forces manufacturers to eye offshore moves, production cuts
By Byron Kaye SYDNEY – Australia’s biggest building materials manufacturers are cutting back operations, hiking prices and considering moving production offshore to manage a spike in power and gas bills, adding to…
Bubs Australia shares surge on infant formula supply deal with Walmart
(Reuters) – Shares of Bubs Australia jumped on Thursday after the company signed a deal to supply its infant formula products to U.S. retail giant Walmart amid a baby food shortage in…
Ukraine war, soaring costs shake Australia farmer confidence – survey
SYDNEY – Australian farmers’ confidence fell in the latest quarter, as rising production costs took some shine off high commodity prices and prospects of a bumper harvest, a survey showed on Tuesday.…
Australia says Indonesia trip shows importance of bilateral relationship
SYDNEY – Australian Prime Minister Anthony Albanese said on Sunday his trip to Indonesia just over two weeks after he was elected showed the importance his new government places on ties between…
Australia home prices fall as Sydney, Melbourne lurch lower
By Wayne Cole SYDNEY – Australian home prices broke a 20-month winning streak in May as falls accelerated in Sydney and Melbourne amid rising interest rates and a cost-of-living crunch. Figures from…
Shares in Bubs Australia jump on exports to United States, Biden tweet
(Reuters) – Shares in Bubs Australia surged on Monday after U.S. health authorities approved imports of its infant formula to help address a severe shortage and U.S. President Joe Biden tweeted “the…
China signs deal with Samoa as Australia vows Pacific Islands plan
SYDNEY – China’s foreign minister signed a deal with Samoa on Saturday to strengthen diplomatic relations, while Australia’s new leader said he had a “comprehensive plan” for the Pacific, as Beijing and…
Australia wins U.S. approval to buy rocket launchers
By Katharine Jackson and Mike Stone WASHINGTON -The U.S. State Department has approved the sale of mobile rocket launchers to Australia, as the country seeks to boost its military presence in the…
Factbox-How Canada, Australia, UK changed laws after mass shootings
(Reuters) – A shooting at a Texas elementary school that killed 19 children and two teachers has revived a push for new gun safety laws in the United States, which has more…
U.S., Japan, Australia, and India to launch tracking system to monitor illegal fishing by China- FT
(Reuters) – U.S., Japan, Australia, and India will unveil a maritime initiative at the Quad summit in Tokyo to curb illegal fishing in the Indo-Pacific, the Financial Times reported on Saturday, citing…
Pentagon asks Congress to fund mining projects in Australia, U.K
By Ernest Scheyder (Reuters) – The U.S. Department of Defense has asked Congress to let it fund facilities in the United Kingdom and Australia that process strategic minerals used to make electric…
Australia consumer sentiment dives as rates, inflation rise
SYDNEY – A measure of Australian consumer sentiment slid for a sixth straight month to a 21-month low in May as surging inflation and rising interest rates weighed on family finances and…
Australia, Solomon Island’s Foreign Minister meet for first time since pact signed
By Lucy Craymer WELLINGTON – Australian Foreign Minister Marise Payne said she met her Solomon Islands counterpart Jeremiah Manele for the first time since his government signed a controversial security pact with…
Wealth manager AMP’s Australia unit posts net cash outflows on uncertainties
(Reuters) – AMP Ltd said on Thursday its Australian wealth management business logged another quarter of cash outflows as it continued to lose investors amid market uncertainty due to the Russia-Ukraine war,…
Australia home prices keep rising even as Sydney, Melbourne cool
SYDNEY – Australian home prices were still rising nationally in April even as more of the heat came out of the Sydney and Melbourne markets, with the smaller cities and regions proving…
Virgin Australia to add 4 Boeing 737 MAX 8 airplanes to service higher demand
(Reuters) – Virgin Australia said on Friday it will add four new Boeing 737 Max 8 aircraft to its fleet to meet higher demand as the airline expects to hit pre-pandemic domestic…
Australia targets Putin’s daughters, Russian senators in fresh sanctions
SYDNEY – The Australian government has imposed sanctions and travel bans on two daughters of Russian President Vladimir Putin and Foreign Minister Sergei Lavrov’s daughter, it said in a statement on Friday.…
Australia says it would keep security ties with Solomons despite China pact
SYDNEY – Australia would continue to cooperate with Solomons Islands on matters of security even if the Pacific island nation signs a proposed security agreement with China that Australia opposes, Australian Foreign…
Australia consumer mood undermined by rate risk, inflation
SYDNEY – A measure of Australian consumer sentiment slipped for a fifth straight month in April as rising inflation and the risk of higher interest rates weighed on family finances and spending…
Australia business conditions surge in March, inflation runs hot
By Wayne Cole SYDNEY – A measure of Australian business conditions picked up sharply in March as firms saw strong sales and labour conditions, while surging costs pushed retail prices higher in…
Citi names M&A specialists to lead Australia, New Zealand advisory unit
(Reuters) – Citigroup Inc on Monday named Tony Osmond as chair of its Banking, Capital Markets and Advisory (BCMA) unit in Australia and New Zealand, and Alex Cartel to be the unit’s…
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