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Sonali Paul

Qantas ordered to halt dispute after fleet grounded

An Australian labour tribunal has ordered Qantas Airways and its unions to immediately terminate all industrial action.

Drawn-out affair expected for SABMiller-Foster deal

In the absence of any other bidders, SABMiller's bid for Foster's is expected to take months to resolve, as it tries for a better deal from SABMiller.

Australia blocks Pick n Pay’s exit strategy

Australia's competition watchdog has stopped South African grocer Pick n Pay's sale of Franklins supermarket chain, to prevent creating a monopoly.

Sinochem working hard on rival Potash bid

China's top chemicals company Sinochem is working hard to come up with a plan challenge to BHP Billiton's $39-billion bid for Potash Corp.

Rio Tinto under pressure on asset sales

Rio Tinto said on Wednesday it was confident it could sell billions in assets to pay down massive debt, despite concerns about a lack of buyers.

Rio seen unlikely to counter bid for BHP

Rio Tinto is reportedly considering a counter-bid for BHP Billiton as a defence against a Aus-billion takeover proposal from its bigger mining rival, but analysts said such a move was unlikely. The Wall Street Journal, citing unnamed sources, reported Rio was considering a broad array of potential options to fight off BHP.

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