An Australia-led consortium of investment funds from Canada and the Middle East won the bid for electricity transmission network TransGrid Wednesday, beating a Chinese challenger in a deal worth Aus$10 billion (US$7.3 billion). China's State Grid was considered a frontrunner but the New South Wales state government said the strongest bid belonged to the locally led NSW Electricity Networks consortium. "The transaction will deliver gross proceeds of Aus$10.258 billion which will help fund a raft of infrastructure projects across the state," NSW Premier Mike Baird said in a statement.
By Michel Rose and Philip Blenkinsop PARIS/BRUSSELS (Reuters) - An investigation into the Nov. 13 attacks in Paris widened on Tuesday when French prosecutors said a man who provided lodging to the suspected ringleader must have known of a militant plot, and Belgium issued a warrant for a new suspect. Painting a chilling picture of ringleader Abdelhamid Abaaoud, the Paris prosecutor said that after dropping off the gunmen and suicide bombers at the cafes and bars where the attacks were to take place, he later returned to the scene while the killing spree was in full swing. The coordinated attacks, in which 130 people were killed, prompted France to declare a national state of emergency and to step up air strikes in Syria on Islamic State, the militant group that has claimed responsibility.