United States

Aby Jose Koilparambil

Australia's Nufarm sells South American assets for $800 million to repay debt

Sep 30 2019

Australia's Nufarm will sell its South American crop protection and seed treatment assets to its biggest shareholder, Japan's Sumitomo Chemical , for A$1.19 billion (654.84 million pounds) to help pay down debt amid a severe domestic drought.

UPDATE 3-Australia's Nufarm sells S.American assets for $800 mln to repay debt

Sep 30 2019

* Sells LATAM assets to top shareholder, Japan's Sumitomo Chemical

China Mengniu plans to buy infant formula maker Bellamy's for $983 million

Sep 16 2019

China Mengniu Dairy Co unveiled a plan to buy infant formula maker Bellamy's Australia Ltd for A$1.43 billion ($983 million), a lifeline for a target beset by regulatory problems that sent its shares soaring.

Australia shares flat as fresh trade tariffs take effect

Sep 01 2019

Sept 2 Australian shares were little changed on Monday as investors stayed cautious, contemplating the after-effects of another round of tariff hikes in the festering trade war between the United States and China.

UPDATE 2-Australia's Woolworths sees 'headwinds' as consumers pinch pennies

Aug 28 2019

* Shares fall on uncertain outlook (Adds CEO comment, share movement, context)

Australia shares set to post first weekly gain in four

Aug 22 2019

Aug 23 Australian shares are set to post their first weekly gain in four on Friday, as strength in heavyweight financial stocks and significant gains in real estate firms pushed the benchmark higher.

Strong earnings push Australia shares higher, NZ inches up

Aug 21 2019

Aug 22 Australian shares advanced on Thursday as upbeat earnings from local firms and U.S. retailers lifted sentiment even as many investors remained anxious about the outlook for economic growth.

UPDATE 2-Australia's Stockland sees no firm signs of property recovery; shares drop

Aug 21 2019

* Co flags flat growth in fiscal 2020 (Recasts, adds comments from CEO & analyst, share movement)

Australia shares slip on Wall Street weakness, growth woes

Aug 20 2019

Aug 21 Australian shares declined on Wednesday as a brief two-day streak of gains gave away to renewed worries about the global economy, with miners and retailers dragging down the broader market.

Australia shares gain for 2nd day on stimulus hopes; BHP falls

Aug 19 2019

* Energy sub-index rallies, after gain in oil prices on Monday

World News