AUSTRALIA

Flavanol-rich Cocoa May Reduce Blood Pressure A Bit

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Pulling data from 20 studies published over the last decade, researchers found that people who ate flavanol-rich cocoa products every day for a few weeks saw their blood pressure drop by about two or three points.
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retail sales

Retail Sales, PPI, CPI: Economic Events For Aug 13-17

Major data releases aplenty are on the economic calendar next week. In the U.S., investors will focus on July retail sales, industrial production, and consumer prices. In the euro zone, second-quarter gross domestic product figures across the major economies and the German ZEW index are the main highlights.
Rupert Murdoch

News Corp. Posts Loss On Restructuring Charge

Rupert Murdoch's News Corp posted a quarterly loss on Wednesday after taking $2.85 billion of non-cash restructuring and impairment charges that overshadowed growth at its cable networks, the company's only major bright spot.
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Elton John Declares Madonna's Career 'Over'

Elton John has declared Madonna’s career “over.”In an interview with Australia’s “Sunday Night” television program, John insulted the pop star, referring to her as a “c---“ and a “fairground stripper.”

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