BRIEF-Freeport-McMoRan says as of Feb 24, PT-FI has not obtained approval to export concentrate - SEC Filing
* As of Feb 24, 2017, PT-FI has not obtained approval to export concentrate and production remains suspended - SEC filing
(Corrects reason given by company for decision to stop Australian production)
SYDNEY, April 2 American cigarette and tobacco company Philip Morris International Inc said it will cease cigarette production in Australia this year because of restricted export opportunities due to government regulations.
About 180 jobs will be cut from its Australian centre in Moorabbin, Victoria by the year's end, with production transferred to South Korea, the company said in a statement. (Reporting by Thuy Ong; Editing by Stephen Coates)
* Dow down 0.26 pct, S&P 500 down 0.20 pct, Nasdaq down 0.16 pct (Updates to mid-afternoon, changes byline)
WASHINGTON, Feb 24 President Donald Trump signed an executive order on Friday to place "regulatory reform" task forces within federal agencies in what may be the most far reaching effort to pare back U.S. red tape in recent decades.