PERTH (Reuters) - Australia's Arrow Energy is set to reject as too low a $3 billion joint takeover offer from Royal Dutch Shell and PetroChina, a newspaper reported, a move that could prompt the bidders to return with a higher, hostile bid. A stream of analysts' comments suggesting the offer is too low, coupled with how long it has taken ...

SINGAPORE (Reuters) - A vast network of under-sea volcanoes pumping out nutrient-rich water in the Southern Ocean plays a key role in soaking up large amounts of carbon dioxide, acting as a brake on climate change, scientists say. A group of Australian and French scientists have shown for the first time that the volcanoes are a major source of iron that ...

SYDNEY (Reuters) - Australia circa 2050, population 35 million, climate change induced rising sea levels have flooded the Gold Coast resort region, apartment blocks are now used to grow food and people commute in monorail pods above the sea. In another city, Australians live on floating island pods with apartments both below and above sea level, the population has shifted from ...

Police in Australia have charged a 92-year-old woman with killing her 98-year-old husband. Clare Tang is due to appear in court Tuesday on a murder charge after her husband was found dead in their apartment in downtown Sydney on Friday night. New South Wales state police said in a statement that ...