Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).
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Blue Sky to purchase Australian hedge fund Investment Science
Brisbane, Australia-based diversified alternative asset manager Blue Sky Alternative Investments entered a deal to purchase Adelaide-based hedge fund Investment Science Asset Management for an undisclosed amount.
Malaysia Airlines MH370 wreckage seen floating near Perth, Australia
A development on the case of the missing flight MH370 has been reported today saying debris was found floating near a remote area in the southern Indian Ocean.
Australian e-commerce startup Bigcommerce to expand to San Francisco
Sydney, Australia-based e-commerce startup Bigcommerce is expanding to the US with a new office in San Francisco and will go on a two-month hiring spree in search of 40 new engineers.
Fashion label debt, possible cause for L'Wren Scott's suicide
New York City authorities officially ruled suicide on fashion designer L'Wren Scott's death after her body was found lifeless on Monday.
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Malaysian authorities denied reports that MH370 flight was tracked in Malacca Straight while Vietnam has dispatched a plane to investigate on an eyewitness report regarding a burning object in the sky east of the country.
A timeline is drawn from after the departure of the MH370 from Kuala Lumpur International Airport last Saturday until the fourth day, Tuesday, of the search and rescue operations conducted by Malaysian authorities and other countries.
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
Austin, Texas-based solar microinverter provider SolarBridge Technologies closed $42 million in a funding round led by Constellation Technology Ventures to drive its expansion efforts across North America and Australia.
Sydney, Australia-based music streaming firm Spotify snapped up Somerville, US-based music discovery engine The Echo Nest for an undisclosed amount to create an improved music discovery service for its clients.
Townsville, Australia-based startup Friends For Hire is launching on March 22 to allow lonely people to hire other people to be their platonic friend for an hourly fee of $60.
Melbourne, Australia-based startup Influx.com pocketed $250,000 in seed funding from Mark Harbottle and Leni Mayo to provide CRM (customer relationship management) solutions for online and tech startups.
Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.
Melbourne, Australia-based web hosting provider Melbourne IT added Sydney-based web domain registry and web hosting firm NetRegistry in a deal valued at $50.4 million to combine two of the biggest web service businesses in the country.
