Dec 11 (Reuters) - Australia 's Takeovers Panel will order Canadian dairy Saputo Inc to raise its bid for Warrnambool Cheese and Butter as early as this week, a report by Business Spectator said.
and halt manufacturing in Australia by 2017. GM will take pretax ..... decision to end manufacturing in Australia reflects the perfect storm ..... sustained strength of the Australian dollar, high cost of production ..... major car manufacturer in Australia , although the latter might
Dec 11 (Reuters) - Australia this week surpassed 3 million credits issued under its carbon offset scheme for agriculture, forestry and waste, but uptake of new projects is low with regulatory uncertainty weighing heavily on project developers, experts say.
SYDNEY/MELBOURNE (Reuters) - General Motors Co said it would stop making cars in Australia by 2017 due to high costs and a cripplingly strong currency, fuelling fears rival Toyota Motor Corp will follow suit and put the entire local autos industry at risk.
* GM says closure of vehicle, engine plants to affect 2,900 jobs
(Updates to close) SYDNEY, Dec 11 (Reuters) - Australian shares fell 0.8 percent to a 3-1/2-month low on Wednesday as big banks and miners weighed on the market, while gold miners jumped on firmer...
LAUNCESTON, Australia , Dec 11 (Reuters) - It's taken some time but there are signs that the cost-cutting efforts by major commodity producers such as BHP Billiton and Rio Tinto are starting to convince investors.
SYDNEY, Dec 11 (Reuters) - Toyota Motor Corp is likely to close its production in Australia , after General Motors Co said it would end vehicle and engine manufacturing in the country by the end of 2017, an Australian labour union official said on Wednesday.
* GPT expected to come back with a higher offer (Recasts with expectations of higher bid, analyst comments)
Dec 11 (Reuters) - General Motors Co said it would end vehicle and engine manufacturing in Australia by the end of 2017, dealing a severe blow to the country's auto sector.