Australia government may block China Mengniu's milk brands deal: media - Reuters

SYDNEY (Reuters) - Australia’s government may block China Mengniu Dairy Co Ltd’s ( 2319.HK ) purchase of some of the country’s best-known milk brands, the Australian Financial Review reported on Thursday, citing unidentified sources who blamed “diplomatic issues”.

FILE PHOTO: China Mengniu milk products are displayed at a supermarket in Beijing, Feb. 13, 2014. REUTERS/Kim Kyung-Hoon

Treasurer Josh Frydenberg has gone against the advice of the Foreign


Australia big business chafes at virus border closures - Reuters India

SYDNEY (Reuters) - Several major Australian businesses urged a swift reopening of state borders on Thursday, even as authorities warned against complacency as new cases of the virus appear to be trending lower.

Many Australian internal borders have been closed to contain the spread of the virus, with Victoria and New South Wales accounting for almost all new cases, and most states and territories have vowed to keep them shut for months to come.

Qantas Airways Ltd said on Thursday the closures were severely hampering a recovery in the domestic aviation market,


GE signs power agreements worth over $1.2 billion with Iraq - Reuters

FILE PHOTO: The General Electric Co. logo is seen on the company's corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. Picture taken July 23, 2019. REUTERS/Alwyn Scott

(Reuters) - General Electric Co ( GE.N ) said it had signed two new agreements valued at over $1.2 billion with the Iraqi Ministry of Electricity, to undertake maintenance programs across key power plants in the country and bolster its


Pompeo warns Russia, China against ignoring move to reimpose U.N. sanctions on Iran - Reuters UK

WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo warned Russia and China not to disregard the reimposition of all United Nations sanctions on Iran, which President Donald Trump has directed him to trigger at the U.N. Security Council in New York on Thursday.

FILE PHOTO: U.S. Secretary of State Mike Pompeo holds a joint news conference with Austrian Foreign Minister Alexander Schallenberg in Vienna, Austria, August 14, 2020. REUTERS/Lisi Niesner/Pool

Pompeo will meet


Offshore driller Valaris files for bankruptcy with Kirkland at the helm - Reuters

Offshore oil driller Valaris PLC on Wednesday filed for bankruptcy in Houston with Kirkland & Ellis as legal counsel, to tackle its $7.9 billion debt load.

The London-based company had been a candidate for bankruptcy for the past several months amid low oil prices and a rig accident, as first reported by Reuters in April.

To read the full story on Westlaw Today, click here: bit.ly/31cdL5D


UK trade minister accused by opponents of hiding think-tank meetings - Reuters UK

FILE PHOTO: Britain's Secretary of State of International Trade and Minister for Women and Equalities Liz Truss is seen outside Downing Street, as the spread of the coronavirus disease (COVID-19) continues, in London, Britain March 17, 2020. REUTERS/Henry Nicholls

LONDON (Reuters) - Britain’s trade minister has reclassified recent meetings with a pro-hard Brexit think tank as personal discussions, removing them from the public record and sparking opposition allegations that she wants to conceal their


Airbnb files for IPO as short-term rental market rebounds - Reuters

(Reuters) - Short-term home rental company Airbnb Inc said on Wednesday it filed confidentially for an initial public offering with U.S. regulators, setting the stage for one of 2020’s marquee U.S. stock market debuts.

Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration

The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions


Airbnb files for IPO as short-term rental market rebounds - Reuters

(Reuters) - Short-term home rental company Airbnb Inc said on Wednesday it filed confidentially for an initial public offering with U.S. regulators, setting the stage for one of 2020’s marquee U.S. stock market debuts.

Small toy figures are seen in front of diplayed Airbnb logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration

The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions


Turkey in talks with Germany, China, Russia on vaccine trials - Reuters

Small bottles labeled with a "Vaccine COVID-19" sticker and a medical syringe are seen in this illustration taken taken April 10, 2020. REUTERS/Dado Ruvic/Illustration

ISTANBUL (Reuters) - Turkey is in talks with Russia, Germany and China about conducting Phase 3 trials for coronavirus vaccines developed in those countries, Health Minister Fahrettin Koca said on Wednesday.

Germany and China have applied to conduct the Phase 3 trials in Turkey and have presented pre-clinical trial results, while Ankara wants


Apple's stock market value tops $2 trillion - Reuters

(Reuters) - Just two years after Apple became the first publicly listed U.S. company with a $1 trillion stock market value, the iPhone maker has now topped $2 trillion.

The Cupertino, California-based company’s shares briefly rose to as high as $468.65 on Wednesday, equivalent to a market capitalization of $2.004 trillion. The stock was last up 1.2% at $467.62, giving Apple a market