Billionaire businessman Clive Palmer has said that Australia makes foreign investment decisions based on race and geography.
Clive Palmer, an Australian billionaire, plans to reconstruct the Titanic.
Australian mining magnate Clive Palmer on Friday delayed the roll-out of details for his Titanic II project out of respect for the victims of superstorm Sandy.
More than a century after the original Titanic ship infamously sank on its maiden voyage in the North Atlantic Ocean, a fully-functioning replica of the gigantic vessel will set sail in 2018, according to a media report.
Champions Manchester City's 12-match winning streak in the Premier League came to an end as Julio Enciso's stunner earned sixth-placed Brighton and Hove Albion a 1-1 draw.
Malcolm Turnbull became Australia's new prime minister when he was sworn on Tuesday after an internal revolt within the ruling Liberal Party forced Tony Abbott to quit.
The 54-year-old has a whopping $1.7 billion in the bank, thanks to his long time endorsement relationships with Beverage company Gatorade, clothing brand Hanes, American Sportswear giant Nike and playing card manufacturer Upper Deck.
Lewis Hamilton won his home British Grand Prix for the fourth year in a row on Sunday while Ferrari's Sebastian Vettel suffered a penultimate lap puncture that slashed his championship lead to a single point.
Lewis Hamilton moved within reach of a fourth Formula One world championship on Sunday after winning a Japanese Grand Prix that saw Ferrari title rival Sebastian Vettel retire with engine problems.
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