AUSTRALIA

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India Seeks to Import Liquified Natural Gas

The head of the India's state-owned Oil and Natural Gas Corp. (ONGC) said on Tuesday that the company was in talks with parties in Egypt, Qatar and Australia to import at least five million tons of Liquefied Natural Gas (LNG) annually.

Peabody raises bid for Australia's Excel

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U.S. coal firm Peabody Energy Corp. raised its bid for Australia's Excel Coal Ltd. by nearly 12 percent to A$2 billion ($1.5 billion), but speculation about a rival offer pushed Excel shares above Peabody's new offer price.

Water utility AWG gets approach

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Shares in AWG jumped more than 11 percent on Thursday after the water company said it had received an approach that could lead to an offer being made for the 2.2 billion pound firm.
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Australian miners chase success in safer Africa

An improving political climate, and the potential for major mineral discoveries, has reawakened interest in Africa among Australian mining companies that have traditionally rated the continent too risky.
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Foster's says no takeover approach

Foster's Group Ltd., Australia's biggest beer and wine maker, said on Wednesday it was not aware of any takeover proposals, sending its shares down as much as 3 percent.
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Potential Diamond Jackpot Found in Angola

Resource Company BHP Billiton said on Tuesday it foresees great potential for a large discovery of diamonds in Angola as well as forming a partnership with the government.
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Japan to Patent Japanese beef

Japan has decided to protect Japanese beef as its intellectual property by patenting the Japanese cow genes and monitoring semen stock distribution with bar-codes. The agriculture ministry says that it found there is no international law to prohibit the stock from flowing out to foreign countries for hybridization and reverse import.
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SA Farmers Look Inward Following WTO Talks

South African agricultural representatives are looking at their own governments to see what can be done in the wake of recently suspended trade talks of the World Trade Organization.
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World trade talks collapse

Global free trade talks, billed as a once in a generation chance to boost growth and ease poverty, collapsed on Monday after nearly five years of haggling and resuming them could take years.
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Boeing to take up to $1.1 billion in charges

Boeing Co. said on Thursday it will take up to $1.1 billion in charges to cover the costs of two delayed surveillance aircraft contracts and the previously announced settlement of U.S. government investigations into its defense unit.
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NYSE/Euronext deal seen putting pressure on rivals

Euronext's $10 billion tie-up with NYSE Group Inc. puts pressure on other exchanges to seek partnerships to catch up with what will be the world's largest financial marketplace, analysts said on Friday.

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