HBOS to boost Australian presence
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UK bank HBOS steps up its international drive with plans to open 160 new branches on Australia's east coast.
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The company has been rebuffed in Australia as it tries to grow.
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An Australian investment fund will spend more than $3 billion buying into the broadcast operations of UK communications company NTL Incorporated.
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Australia will spend 591 million dollars (460 million US) boosting security at its overseas missions in the aftermath of the Jakarta embassy bombing in September, the government said.
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Australian uptake of broadband Internet has exceeded expectations, with Telstra announcing its one millionth broadband customer a year ahead of schedule.
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SYDNEY, AustraliaâFollowing a similar announcement by rivals earlier this month, Vodafone Australia and Optus said they agreed to share third-generation network sites and infrastructure.
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TELSTRA has chosen Ericsson Australia to supply and service its 3G mobile capacity for the next five years. The agreement, signed late Christmas Eve, involved contracts worth more than $100 million to upgrade
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HBOS reports annual pre-tax profits of Â£5.7bn and says it is optimistic about the outlook for the UK economy.
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AUSTRALIA&#39;S telecommunications players have chosen sides in the pending war to win consumers to the new generation of mobile phones.
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Australian telecoms giant Telstra hopes to woo customers with a super-fast mobile phone and broadband network.
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British bank HBOS  said profits should rise 4 percent this year but flagged a 180 million-pound ($368 million) hit on the value of assets due to the credit crunch and a squeeze on margins, knocking its shares.
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million, euro 432.2 million) share buyback that is part of a three-year plan to increase the value of its stock.
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Singapore Telecommunications Ltd and Vodafone Group Plc have agreed to build a high-speed wireless phone network in Australia through their local
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Shares in Macquarie Bank have risen on speculation the acquisitive Australian outfit was preparing a bid for British utilities giant Thames Water.
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HBOS, the fourth-biggest British bank, has reported a 13.6-percent rise in first-half net profit to 1.759 billion pounds (2.577 billion euros, 3.281 billion dollars) but was also marked by bad debts.
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Business & money: UK-based bank confirms Â£9bn from the governments of China and Singapore will help it finance an improved takeover offer for Dutch rival ABN Amro.
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Canada-based Brookfield Asset Management  Inc. (BAMa.TO) has made a takeover approach for Australia's A$4  billion ($3.1 billion) Multiplex Group Ltd. , the  construction and property group said, sending its shares up 7.5  percent.