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Plea bargain limits sentence of Australian Guantanamo Bay detainee to 7 years

Fri, 30 Mar 2007 12:14:00 -0500 | canoe CNEWS

GUANTANAMO BAY NAVAL BASE, Cuba (AP) - An Australian detainee held five years at Guantanamo Bay was found guilty Friday of providing material support for terrorism, marking the first conviction at a U.S. war crimes trial since the Second World War.


Plea bargain limits sentence of Australian Guantanamo Bay detainee to 7 years

Fri, 30 Mar 2007 16:14:00 -0500 | canoe CNEWS

GUANTANAMO BAY, Cuba (CP) - An Australian detainee held for five years at Guantanamo Bay was found guilty Friday of supporting terrorism, marking the first conviction at a U.S. war-crimes trial since the Second World War.


Australian Banking Stocks Slip

| Findory News

International Business Times: Australian stocks slipped 1.3 percent Monday with banks weighing on the market amid strengthening expectations of an interest rate rise this week.


World Business Briefing | Australia/new Zealand: Australia: Credit Checker Sold

Mon, 02 Apr 2007 23:30:44 EDT | New York Times

Merrill Lynch & Company?s buyout fund and Pacific Equity Partners agreed to buy Veda Advantage, the biggest credit-checking company in Australia and New Zealand, for 814 million Australian dollars ($659 million). Veda, which is based in Sydney, said its directors endorsed the bid, which was for 3.61 Australian dollars a share. The deal comes as record household debt has spurred demand for Veda?s data.


World Business Briefing | Australia/new Zealand: Australia: Coles Stake Acquired

Mon, 02 Apr 2007 23:33:01 EDT | New York Times

Wesfarmers, Australia?s biggest home-improvement retailer, said it had bought an 11.3 percent stake in the Coles Group, the country?s second-biggest retailer, and is seeking talks with the company. Wesfarmers paid 16.47 Australian dollars ($13.40) a share for its stake, information from the Australian Stock Exchange shows, valuing Coles at 19.7 billion Australian dollars, or $16 billion. Coles, Australia?s second-biggest retailer, put itself up for sale in February, after saying it would not meet profit forecasts that had been cited to reject a bid of 18.2 billion Australian dollars by the private equity firm Kohlberg, Kravis, Roberts & Company.


World Business Briefing | Americas: Mexico: Cemex to Buy an Australian Rival

Mon, 09 Apr 2007 23:28:20 EDT | New York Times

The Mexican cement maker Cemex said that an Australian rival, Rinker, had accepted an increased takeover bid of $15.85 a share. Cemex?s initial offer on Oct. 27, 2006, was $13 a share. The $15.3 billion offer is the biggest ever by a Mexican company and one of the largest in Australian corporate history. Cemex, based in northern Mexico, operates in more than 50 countries. The deal will give it a bigger slice of the American market.


Australian Shares Decline 0.4 Percent

| Findory News

International Business Times: The Australian share market retreated from a record high to finish weaker on Friday, with a strong Australian dollar putting pressure on offshore income earners.


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