Amazon will invest $13 billion in the five years through 2029 to build data centers in Australia, the biggest ever investment by a global tech company in the country.

Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National Oil Company (ADNOC),

Amazon plans to invest about $13 billion to expand its Australian data center infrastructure, as it seeks to meet the boom in global demand for artificial-intelligence computing.

In just the past eight years, it has had a trifecta of bids from a trifecta of buyer types: private equity, trade and now sovereign wealth.

Amazon.com Inc. plans to invest A$20 billion ($13 billion) in Australia between this year and 2029 to develop its data-center infrastructure.

The 2021 pact, meant to help counter China’s ambitions in the Asia Pacific, will be examined to ensure that it meets “America First criteria,” a U.S. official said.

Australia’s corporate regulator has launched an inquiry into the country’s stock exchange operator over “repeated and serious failures” that it says have undermined confidence in the public markets.

(Reuters) -Shares of Australian bourse operator ASX dropped on Monday after the country's securities regulator launched an investigation into the company, citing "repeated and serious" operational failures.