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Tag Archives: Australia

Commonwealth Bank of Australia sued over money laundering disclosures

Australian litigation financier IMF Bentham Ltd said it would fund an open class-action lawsuit against Commonwealth Bank of Australia in relation to allegations it oversaw thousands of breaches of anti-money laundering rules. IMF said on Tuesday it would bankroll the class action on behalf of all CBA shareholders who bought stock between Aug. 17, 2015 and Aug. 3, 2017, without ... Read More »

Nokia 3, Nokia 5, Nokia 6 Android Phones Now Available for Purchase in Australia

HIGHLIGHTS The Nokia Android smartphones were launched globally in February HMD Global recently released the Nokia 5 in Germany The company launched new Nokia smartphones in India in June HMD Global launched its Nokia 3, Nokia 5, and Nokia 6 smartphones at MWC 2017 in February this year. The company has been releasing the handsets in global markets steadily and now it has made these smartphones available in ... Read More »

Alibaba Group Expands Presence in Australia, New Zealand

Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries. The group’s billionaire founder Jack Ma, who spent time in Australia as a young man, said he hoped the e-commerce giant would help Australian ... Read More »

Australia ‘Disappointed’ At Japan Whaling: Malcolm Turnbull

Australian Prime Minister Malcolm Turnbull and Japanese Prime Minister Shinzo Abe in Tokyo on December 18, 2015. (AFP) TOKYO:  Australia is “very disappointed” at Tokyo’s decision to resume whaling in the Antarctic Ocean, Prime Minister Malcolm Turnbull said today as he readied for talks with Japanese premier Shinzo Abe. The whaling fleet set sail this month for the Antarctic after ... Read More »

Australia Welcomes Plain Cigarette Packaging ‘Win’

In 2012, Australia became the first country to mandate plain packaging for cigarettes, in a bid to reduce smoking rates, and has since been followed by other nations including France and Britain. (AFP/ File Photo) SYDNEY:  An Australian law requiring cigarettes to be sold in plain packaging has received a boost after an international tribunal said it would not hear ... Read More »