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UPDATE 1-Consortium awarded A$2 bln contract for Sydney development

The New South Wales government has awarded a contract worth more than A$2 billion ($1.60 billion) to construction company Grocon, retail property firm Scentre Group and Chinese-backed developer Aqualand to build the final stage of the Barangaroo development in Sydney.

Consortium awarded A$2 bln contract for Sydney development

The New South Wales government has awarded a contract worth more than A$2 billion ($1.60 billion) to construction company Grocon, retail property firm Scentre Group and Chinese-backed developer Aqualand to build the final stage of the Barangaroo development in Sydney.

Vista Equity explores options for PowerSchool, PeopleAdmin-sources

Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter.

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Government shuts down as Trump feuds with Democrats

WASHINGTON The world's most powerful government shut down on Saturday after President Donald Trump and the U.S. Congress failed to reach a deal on funding for federal agencies, highlighting America's deep political divisions. | Video