AUSTRALIA

Deschert advising Norma group AG on IPO

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International law firm Dechert LLP is serving as co-counsel to NORMA Group AG, a German-headquartered global industrial manufacturer and portfolio company of global private equity house 3i Group plc, on its initial public offering on the Frankfurt Stock Exchange.
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NYSE unswayed by Nasdaq; antitrust in spotlight

An NYSE Euronext merger with Nasdaq OMX makes little strategic sense whether the Big Board were the buyer or the seller, and antitrust regulators would likely block it, according to a source close to NYSE.
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World Market Overview 04/04/2011

The Australian stock market closed higher on Friday on stronger international oil prices and as investors looked past overseas negatives to forthcoming economic data from the United States.
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EU files tactical appeal in Boeing trade spat

The European Union filed an appeal against an aircraft subsidies ruling on Friday just hours after calling it a victory, a tactical move in a transatlantic game of global trade chess.

Tech Companies Unleash April Fool Gags

Witticisms, super pranks, ultimate gags, hoaxes and plain lies are searching for fools this day. People turn the most cynical this day so that they don’t look naive, and turn on their gullibility meter at the highest level of alert. But a lot of us are caught off guard by some comic concoctions that mix contemporary humor with ingenious lies which are sometimes delectable.
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April Fool's Day frenzy grips Twitter

April Fool's Day frenzy grips Twitter, with tweeps playing pranks, and a flood of jokes on celebrities like Rebecca Black, Justin Bieber, and Lady Gaga.

China releases rare earth quota for 2011

China has set its total output of rare earth at 93,800 tonnes this year, 4,600 tonnes more or 5.16 percent higher compared to last year's, the Ministry of Land and Resources said on Thursday.

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