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Singapore Telecommunications shares rose nearly 4% before being halted on Wednesday after the Australian Financial Review reported the company was in advanced talks to sell its Australian...
SYDNEY (Reuters) -Singapore Telecommunications (SingTel) is looking to sell a significant stake in its wholly owned Australian unit Optus to Canadian private equity giant Brookfield, a source with direct knowledge of the matter said on Wednesday. Southeast Asia's largest telco operator is in advanced talks with Brookfield over the stake sale, the source said, declining to be named as the information is not public yet. Earlier on Wednesday, SingTel dismissed a report by the Australian Financial Review (AFR) that it was in advanced talks to sell Optus in a deal that could value Australia&...
From the bank's risk division, 62 roles are being reduced at a time when the country faces an "unprecedented level" of scams and cybersecurity threats, the Finance Sector Union (FSU) said in a statement. The job cuts across the risk and operations divisions come on top of the 20 layoffs in January at its sales support unit in the Mortgage Services division, which were outsourced to Concentrix Corp, FSU said. "From time to time, we change the way we operate and this can impact some roles and responsibilities," Westpac said in an email response to Reuters.
Woodside Energy has inked an agreement with South Korean state-owned natural gas firm Korea Gas Corp to supply liquefied natural gas for more than a decade starting in 2026, the Australian oil...
Australia's top oil and gas explorer Woodside Energy posted a 37% drop in annual underlying profit on Tuesday, as subdued oil and gas prices offset higher sales and production. Less than...