Discover Thomson ReutersBy Reuters Staff2 Min ReadSYDNEY, Aug 20 (Reuters) – Australia will not approve China Mengniu Dairy Co’s proposed buyout of some of Australia’s best-known milk brands from Japan’s Kirin Holdings Co Ltd, the Australian Financial Review reported on Thursday.Australia Treasurer Josh Frydenberg has gone against the advice of...
Discover Thomson ReutersBy David Ingram3 Min ReadSAN FRANCISCO (Reuters) – Facebook Inc’s growth into a digital advertising power is showing a flip side: The social network is more dependent than ever on the cyclical ad market, even as its rival Google finds new revenue streams in hardware and software.Facebook reported...