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Australian pop-punksters 5 Seconds of Summer go global

Australian pop-punk sensation 5 Seconds of Summer have gone from YouTube fame to a world tour, with a follow-up to their hit debut album out Friday. The four young men from Sydney, who reject any comparison to the British boy band One Direction, say they are going for a darker, deeper sound in their new album “Sounds Good Feels Good”. Anyone from Queen, INXS, endless rock bands and classic rock,”

Chevron hit with $195 million tax bill after Australian ruling

Chevron is facing a $195-million bill after an Australian court ruled Friday the energy giant had minimised tax through a loan scheme, in a case that could have implications for other multinationals. The decision comes amid an international push, including in Australia, to crack down on global firms using complex structures to lower their tax burden. The Federal Court ruled that $2.45 billion in loans from Chevron’s US branch to