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>> AUSTRALIA Latest News

APR 29, 2016 - UPI

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Australia contracts for ANZAC-class frigate sustainment

Richard TomkinsCANBERRA, Australia, April 29 (UPI) -- The Australian government has signed a $1.5 billion open-ended sustainment contract with Australian companies for lifetime sustainment of ANZAC-class frigates.

Tags: Australia contracts for ANZAC-class frigate sustainment,  Australia Latest News

APR 29, 2016 - MarketWatch

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Monster Beverage shares soar on earnings beat

Monster Beverage Corp. shares jumped 12.6% in Friday premarket trading after the company announced earnings that beat expectations. The energy drink company said it had net income of $163.9 million, or 79 cents per share, up from $4.4 million, or 3 cents per share, for the same period last year. The FactSet consensus was 74 cents. Sales totaled $680.2 million, ...

Tags: Monster Beverage shares soar on earnings beat,  Australia Latest News

APR 29, 2016 - BBC

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Nurofen owner fined in Australia

Australian court fines Reckitt Benckiser, the maker of Nurofen, A$1.7m for misleading consumers over pain products.

Tags: Nurofen owner fined in Australia,  Australia Latest News

APR 29, 2016 - St. Louis Post-Dispatch

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Australia blocks farm sale to Chinese over national interest

CANBERRA, Australia (AP) — Citing national interest, the Australian government on Friday blocked a Chinese-led consortium from buying the nation's largest private land holding, a collection of Outback cattle ranches bigger than South Korea.

Tags: Australia blocks farm sale to Chinese over national interest,  Australia Latest News

APR 29, 2016 - CNN/Fortune magazine

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Australia set to block sale of massive ranch to Chinese firm

Hold your horses! A Chinese company's plan to buy an Australian ranch the size of Ireland has run into trouble.

Tags: Australia set to block sale of massive ranch to Chinese firm,  Australia Latest News