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Three US marines dead after Australia military helicopter crash

BLOOMBERG Three US Marines died and five are in critical condition following a military aircraft crash off the coast of Darwin in Australia’s Northern Territory. The V-22 Osprey went down while performing drills with military personnel from other nations on Melville Island around 60 kilometers (37 miles) from Darwin on Sunday, ABC News reported. “There were a total of 23 ...

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Gabon shuts off internet, imposes curfew as Bongo seeks new term

BLOOMBERG Gabon blocked internet access during elections that is likely to see President Ali Bongo extend the 56-year stranglehold his family has had on political power in the oil-producing central African nation. Live network data show a nation-scale internet blackout across Gabon on election day, Netblocks, an organisation that monitors internet shutdowns, said . Authorities also imposed a nationwide curfew ...

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Sime Darby in $769 million deal to add Lexus to its portfolio

BLOOMBERG Malaysian conglomerate Sime Darby Bhd said it’s buying a 61.2% stake in UMW Holdings Bhd for 3.57 billion ringgit ($769 million) to further strengthen its position in the country’s automobile industry. Sime Darby entered into a conditional purchase agreement with the nation’s largest state-owned fund, Permodalan Nasional Bhd, to buy its shares of UMW. The company will subsequently make ...

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