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(Reuters) -Australia's CSR Ltd shares rose a further 5% on Thursday as the building products maker came into play following a A$4.30 billion ($2.81 billion) non-binding takeover proposal from France's Saint-Gobain . The Sydney-based firm said it had received a A$9.0 per share offer from the French group, which represented a premium of 13.2% to CSR's last close. CSR is one of Australia's oldest companies, having been established in 1855, initially as a sugar refining business, before its diversification into building products.

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Supermarket chain Woolworths Group reported a 2.5% rise in its first-half underlying profit on Wednesday, helped by strong performance at its Australian food segment, partially offset by...

Rio Tinto Ltd has signed a renewable power purchase agreement with specialist renewable energy firm Windlab to buy the majority of electricity from its planned 1.4 giga-watt wind energy project in...

Rio Tinto will buy 80% of all power generated from the Bungaban wind energy project over 25 years, the world's largest iron ore producer said. The construction of the Bungaban project is targeted to start in late 2025 and is expected to produce electricity by 2029, Rio Tinto said in a statement.