Australias
Olam tops Louis Dreyfus’ offer for Australia’s Namoi Cotton as takeover battle heats up
ONE day after Dutch global commodity merchant Louis Dreyfus Company raised its takeover offer to A$0.67 per share for Namoi Cotton, Olam Agri has topped the bid by raising...
Australia’s central bank holds cash rate at 4.35%
AUSTRALIA’S central bank held interest rates steady on Tuesday as expected, while noting inflation was easing more gradually than hoped and it was vigilant to upside risks for price...
Australia’s central bank sees no need to hike rates but wary of price risks
AUSTRALIA’S central bank chief said on Tuesday (May 7) interest rates were at the right level after holding steady for a sixth month, but cautioned that inflation risks were...
Australia’s retail sales volumes fall 0.4% in Q1
AUSTRALIAN retail sales volumes fell by more than expected in the March quarter as punishing mortgage rates and declining real incomes ate into spending power, data showed on Tuesday.The...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri has on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival Louis...
Australia’s Star Entertainment top brass steps down amid Sydney casino inquiry
AUSTRALIAN company Star Entertainment’s chief executive and finance officer are departing, the beleaguered casino operator said on Friday (Mar 22), as it faces a second inquiry into its Sydney...
Australia’s central bank warns of another tough year for borrowers, businesses
AUSTRALIA’S central bank expects another tough year for households and businesses, signalling little rate relief in months ahead, but judged the banking sector was well capitalised to absorb any...
