Australia's Amcor in negotiations to acquire US firm Bemis

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Source: Dukascopy Bank SA
According to the Wall Street Journal, Australia's packaging firm Amcor is in talks to acquire its US rival Bemis Co, sending the American packaging firm's shares up 11.27% to $51.53.
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Mon, 06 Aug 2018 05:29:45 GMT

Australia's FMG reduces stake in smaller peer Atlas Iron

On Monday, Fortescue Metals Group, the Australian iron ore miner stated it had cut its stake in the smaller peer Atlas Iron by 8.53%, or $24.6M.

Mon, 06 Aug 2018 03:12:35 GMT

Saudis freeze trade with Canada for urging release of activists

Saudi Arabia is set to suspend investment and new trade with Canada after that country's Fin-Min urged Riyadh to release civil rights activists, which were arrested, the statement showed.

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