AUSTRALIA

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Foster's to cast off wine; beer profit disappoints

Foster's Group , Australia's largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits.

BHP offered to swap China info with U.S.: WikiLeaks

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Anglo-Australian miner BHP Billiton once offered to trade intelligence with Washington on China, its most important market, an Australian newspaper said on Tuesday, citing leaked U.S. cables obtained from WikiLeaks.
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Consumers would pay for premium telco services: study

Frustrated with slow mobile Internet speeds and stalling videos, consumers are willing to dole out extra cash for better telecommunicaitons services, allowing more pricing room for operators, a global report showed on Monday.
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Total 2010 profits jump on higher oil prices

Total reported bumper earnings on Friday, bolstered by stronger oil prices, and the French oil major unveiled plans to spend $20 billion this year on new oil and gas projects to boost flagging production.
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TMX buys stake in Australia's MinesOnline.com

Canadian exchange operator TMX Group (X.TO), which is the target a friendly takeover by the London Stock Exchange (LSE.L) said on Thursday it has taken a 50 percent stake in Australia's PCF MinesOnline.com Ltd.
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Australia sugar industry looks to recovery after cyclone

About a quarter of Australia's sugar cane crop may have been destroyed after Cyclone Yasi tore through key growing areas, with the damage exacerbating already tight global supplies and helping push U.S. futures to three-decade highs last week.

China energy firms' gas acquisitions

PetroChina (0857.HK)(PTR.N) agreed to pay C$5.4 billion ($5.4 billion) for half of Encana's Cutbank Ridge shale gas project, marking the largest Chinese investment in a foreign gas asset.
coal

Anglo Coal says prices too high for expanding

Anglo American's thermal coal unit is keen to expand its operations in South Africa and beyond, but is waiting for price of acquisitions to come down first, the unit's head said late on Wednesday.
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Britain's LSE in deal to buy Toronto exchange

The London Stock Exchange is to buy Canada's TMX stock exchange operator to create the world's fourth-largest trading center and claw back some of the market share it has lost in recent years.
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Asian market reaction to China hike muted

Shares in Asian developed markets rose and the dollar and Swiss franc eased on Wednesday as investors bet that China's latest interest rate rise would not derail hopes of a sustained economic recovery.

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