Asian Shares Open Higher After Modest Gains on Wall St | Business News

By ELAINE KURTENBACH, AP Business Writer Shares were mostly higher in Asia on Friday after Wall Street benchmarks managed to close mostly higher. Stocks advanced in most major markets in…

Sydney Airport rejects improved $16.8 bln buyout bid, open to higher offer

Offer is 2.4% higher than previous bid Pension fund AustralianSuper joins buyout consortium Would be one of Australia’s biggest-ever deals SYDNEY, Aug 16 (Reuters) – Sydney Airport Holdings Pty Ltd…