Pipe dream? Chevron, Woodside vie to shape Australia’s LNG sectorAfter spending a decade and billions of dollars developing Australia's vast gas reserves, US energy giant Chevron Corp and local firm Woodside Petroleum are at odds over the pace and timing of the nex...
Zara looks to technology to keep up with faster fashionThe pioneer of fast fashion isn't looking so fast anymore. Inditex, the world's largest clothing retailer and owner of the Zara chain, faces growing competition from younger, online-only players like...
Volcker ‘fix’ may cause new headaches for Wall StreetA proposal to simplify a rule banning banks from proprietary trading, rather than making life easier for Wall Street, could ensnare billions of dollars' worth of assets not currently caught by the reg...
Qualcomm-NXP deal still waiting for China nodChina is yet to approve US chipmaker Qualcomm Inc's proposed $44 billion acquisition of NXP Semiconductors , three people close to the talks said, dismissing an earlier media report that said Beijing...
SoftBank plans $60-100bn investment in solar in India: reportJapan's SoftBank is planning to invest between $60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The rep...
New Zealand to tax tourists to fund infrastructureNew Zealand announced plans Friday to introduce a tourist tax and increase other fees for international visitors to fund infrastructure development in the face of a tourist boom. Tourism numbers in th...
Chinese ride-sharing giant Didi picks Australia for first Western forayDidi Chuxing Technology Co Ltd, the Chinese ride-sharing company which bought the mainland operations of Uber Technologies Inc, said it will begin offering its service this month in Australia, its fir...