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Miners halt output as cyclones batter Australia

Bloomberg Global miners BHP Group and Glencore Plc halted output at energy and metals operations as two cyclones hit Australia for the first time since 2015. BHP stopped output at the Pyrenees oil project off Western Australia as cyclone Veronica tracked towards a hub of liquefied natural gas and iron-ore export operations. Ships left ports and workers fled the region ...

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Facebook, Google face privacy fines in Australia plan

Bloomberg Tech giants such as Facebook Inc and Alphabet Inc’s Google will face tougher penalties if they flout privacy laws, under a plan Australia’s prime minister said is necessary to safeguard personal information. Australia’s government will introduce measures to increase fines for breaches, strengthen disclosure policies and embolden its privacy regulator to crack down on data misuse, according to a ...

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Piramal to cash in on India’s property distress

Bloomberg Billionaire Ajay Piramal’s son is seeking to take advantage of teetering Indian developers to expand his property business. Piramal Realty, which counts Goldman Sachs Group Inc and Warburg Pincus & Co as minority investors, is looking to buy land from distressed developers and build a portfolio of commercial assets, Anand Piramal, the group’s executive director, said in an interview ...

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