The euro fell on Friday over doubts Greece would win euro-zone aid, capping its worst week since January, and concerns about the UK economy hit sterling. A report on Thursday that Greece saw limited prospects for euro-zone assistance raised concerns about the country's ability to service its debt. On Friday, the euro fell as far as $1.3502, its lowest level in more than two weeks. It was down 1.7 percent this week, its worst showing since late January.
A three-day strike by British Airways cabin crew will go ahead from Saturday after talks with management collapsed, Britain's Unite union said Friday.
Bailed out British lender Lloyds Banking Group said on Friday it would return to profit this year thanks to a bigger than expected drop in bad debts, wrong-footing forecasts for another loss and sending its shares sharply higher.
Most investors confuse money and currency, but they are not the same thing. Money is defined as a medium of exchange, a unit of account and a store of value.
Google Inc could win a widely expected victory next week in Europe's top court and still face many more battles over keyword advertising, the backbone of its Internet business model.
Sony is teaming up with European movie-rental firm Lovefilm to offer TV viewers in Britain instant access to films from the Web, as a land grab for space on Internet-connected televisions gets under way.
It's been a bad month for Pfizer's research labs but its head of R&D says the world's biggest drugmaker is on track to hit earlier targets for new drug filings despite the setbacks.
Young people in Britain turn to the internet to look for help with personal problems rather than seek advice from their parents or friends, according to a survey released on Thursday.
Britain announced hundreds of millions of pounds in aid to Ford Motor and Nissan Motor for the development of environmentally friendly technologies as it seeks to become a world leader in ultra low-carbon vehicles.
Japan's Nissan Motor Co will begin building the Leaf electric compact car at its Sunderland plant from early 2013, making Britain its third global production site for the zero-emission vehicle.
Lawmakers would seek to end current ad hoc international efforts, echoing industry calls for worldwide rules.
Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, warning it cannot achieve promised deficit cuts if its borrowing costs remain high and might have to call in the IMF.
China Mobile's forecast-beating results suggest its years of investment in data services is paying off, helping the world's largest mobile carrier report an unexpected rise in revenue per user.
China Mobile, the world's largest mobile operator, reported a 3.6 percent rise in fourth-quarter profit on Thursday, its best profit in a year and beating expectations as revenues per user posted a rare rise despite intense competition.
The Australian Dollar opens higher today at 0.9220. In the absence of any local economic data yesterday, traders were content to play the ranges and the currency was quickly sold when it attempted to dip its toe in the water at US92 cents.
The basic materials and financial sectors on Wednesday lifted the Dow Jones Industrial Average to a new 2010 intraday high of 10,766.
Help the Parkinson's sufferers in Australia cope up with the trauma of having the disease early in life
Vedanta Resources may demerge its aluminium division. According to a report appeared in The Independent in UK, the new firm will be the world's fourth biggest aluminium player, behind Russia's United Company Rusal, America's Alcoa and China's Chalco.
Technology stocks pushed Asian shares to a two-month high on Wednesday, powered by hopes of strong earnings for Intel, while the yen faltered after the Bank of Japan loosened policy in a bid to spur the flagging economy.
The Australian Dollar opens higher against the greenback today at 0.9180.
How many times have you picked up a magazine while waiting for an appointment and flipped through the hundreds of pages of articles? How long did it take you to decide whether or not to turn the page?
Kraft Foods came under heavy fire from UK parliamentarians on Tuesday for raising false hopes about the future of a Cadbury plant as it battled to win control of the British chocolatier.