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AUSTRALIAN NEWS

MH370 search: Australia ‘likely looking in right place’

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Sydney : Australian officials say they believe they are searching in the right area for Malaysia Airlines flight MH370.A new analysis of data carried out by a defence department shows the plane is probably in the southern end of the Indian Ocean search zone, where the operation will now be focused.MH370 was en route from Kuala Lumpur to Beijing when ...

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China denies Australia Bureau of Meteorology ‘hack’

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Sydney : China has denied it was behind an alleged cyber-attack on Australia’s Bureau of Meteorology (BoM).The Australia Broadcasting Corporation (ABC) reported a “massive” hack on Wednesday, saying it had been told by “multiple official sources” it almost certainly came from China. The BoM, which owns one of Australia’s largest supercomputers, said it would not comment on security matters.It said ...

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Australia’s Labor Party aims for carbon neutrality

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Sydney : Australia’s Labor opposition wants the country to be carbon neutral by 2050, meaning all its emissions will need to be offset with renewable energy. It also proposed a 2030 emissions reduction target of 45% on 2005 levels.That is higher than the 2030 target of between 26% and 28% that the Australian government will promote at climate change talks ...

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BHP rebuts UN ‘toxic waste’ claim at Brazil dam

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Sydney : Australian mining giant BHP says mud spilled by the devastating collapse of a dam at a Brazilian mine is not toxic.On Thursday the UN said the dam burst at the Samarco mine unleashed a flood equivalent to “20,000 Olympic swimming pools of toxic mud”.The incident earlier this month in Minas Gerais state left 13 people dead, devastating several ...

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Falling iron ore prices weigh on Asian shares

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Sydney : Asian markets experienced mixed fortunes on Tuesday following declines in the US and as slumping iron ore prices continued to hurt mining companies. In Australia, the S&P/ASX 200 closed down 0.95% at 5,226.40.Analysts said iron ore prices were continuing to move towards the decade low reached earlier this year. The commodity is Australia’s biggest export and was trading at $44.20 ...

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