Scott Carroll News
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Quinn Emanuel Urquhart & Sullivan LLP will open an office in Sydney next month with Michael Mills and Michelle Fox of Herbert Smith Freehills.
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Tiger Airways Holdings Ltd., the budget carrier part-owned by Singapore Airlines Ltd., resumed Australia flights today, about six weeks after being grounded by regulators because of safety violations.
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Queensland’s state government is selling half its stake in Aurizon Holdings Ltd., Australia’s biggest transporter of coal by rail, for about A$806 million ($839 million) to pay down debt, the Treasurer said.
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Queensland’s state government is selling half its stake in Aurizon Holdings Ltd., Australia’s biggest transporter of coal by rail, for about A$806 million ($839 million), the Australian Financial Review reported.
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Infigen Energy’s decision to abandon a plan to sell its U.S. wind energy business after failing to attract high enough bids may weaken confidence in the power producer as it seeks to grow in Australia, analysts said.
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Australian Prime Minister Julia Gillard’s government should keep out of disputes about wages and job security that have disrupted Qantas Airways Ltd. flights and BHP Billiton Ltd. mining, the nation’s top union leader said.
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Singapore Airlines Ltd. and Jetstar, the budget unit of Qantas Airways Ltd. , cut Tokyo services as a nuclear crisis damps demand for flights to the Japanese capital.
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The following is a list of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed. All prices are from yesterday’s close unless otherwise stated.
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Australia’s S&P/ASX 200 Index rose 2.4 percent to 4,356.70 at the close of trading in Sydney, the biggest gain since June 3. New Zealand’s NZX 50 Index advanced 0.8 percent to 2,983.93 in Wellington.
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