AUSTRALIA

TMX buys stake in Australia's MinesOnline.com

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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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As prices rise

Africa, Caribbean urged to brace for food price shocks

The World Bank and International Monetary Fund are warning poor regions that have so far not been hit by rising food prices, like sub-Saharan Africa and the Caribbean, to get ready to face them.
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BG profits rise on higher prices, boosts div by 10 pct

British gas producer BG Group Plc posted a rise in quarterly profit helped by higher commodity prices and a lower exploration charge and the company lifted its full year dividend by 10 percent to 21.60 cents a share.
Virender Sehwag (R) plays a shot as New Zealand's wicketkeeper Gareth Hopkins watches during the sixth one-day international cricket match in the tri-series in Dambulla August 25, 2010.

India's batmakers hit for six by global sponsors

When the world's batsmen dazzle crowds at this month's cricket World Cup, many will use bats hand-made in India. But lucrative global branding that masks the bats' true makers threatens the country's craftsmen.
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Australia PM Gillard battens down for disaster fallout

Australia's cruel summer of cyclones and floods could generate a new, devastating political storm for Prime Minister Julia Gillard, who now must buck hostile public opinion to find a way to pay for the clean-up.
Analysis: Price boom puts palm oil on emerging markets' radar

Analysis: Price boom puts palm oil on emerging markets' radar

Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.
A man stands near his friend's ruined house after Cyclone Yasi passed the northern Australian town of Tully

Relief as Australia mops up from giant cyclone

Australians voiced relief and surprise after one of the world's most powerful cyclones spared the nation's northeast coast from expected devastation on Thursday, with no reported deaths despite winds tearing off roofs and toppling trees.
A girl waits in line to enter an emergency cyclone shelter in a shopping mall in the northern Australian city of Cairns

Giant cyclone hits Australian tourist coast

One of the most powerful cyclones on record slammed into Australia's coast on Thursday, uprooting trees, tearing roofs off buildings and raising the danger of deadly storm surges.
A weather satellite image obtained from the National Oceanic and Atmospheric Administration

Cyclone Yasi to disrupt global commodity markets

The category-five storm, Cyclone Yasi, that has struck Queensland in northeastern Australia (already reeling from deadly floods last month) is likely to hammer global commodity markets, according to media reports.
A man passes near a banner at a protest camp opposite The Houses of Parliament in London

Unemployment, poverty top global worries - poll

Unemployment, poverty and social injustice are the top global concerns and most people think their country is heading in the wrong direction, according to a new poll.
DLA Piper

DLA Piper to become Wal-Mart of law firms

DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.
A weather satellite image obtained from the National Oceanic and Atmospheric Administration

Australia evacuates coastal cities as cyclone nears

Australia evacuated thousands of people from its northeast coast on Tuesday as a cyclone rivalling Hurricane Katrina bore down on tourism towns and rural communities, with officials saying it could even threaten areas deep inland that were ruined by floods last month.
An welder works on a section of a Pelamis wave energy converter at their factory in Edinburgh, Scotland.

UK manufacturing PMI hits record high in January

Manufacturing activity grew in January at its fastest pace since records began in 1992, and factory costs also surged, in a further sign that price pressures are building in the economy, a survey showed.

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