The Australian Dollar opens lower on Wednesday at 0.8990.
U.S. defence giant Lockheed Martin hopes to sign an agreement with Israel on its F-35 fighter jet by the end of the year, and targets 75 to 100 jets for the deal, an executive said on Friday.
Nokia will drop the ailing Comes with Music offering from the new version of its flagship X6 music phone, hoping a one-third cheaper price tag will boost sales of the model.
Britain only just crept out of an 18-month recession at the end of 2009, suggesting any monetary tightening remains a long way off and raising fears about the prospects for recovery ahead of an election due by June.
Afghanistan's neighbours met in Turkey on Tuesday seeking a single voice before a London conference to set a timetable for handing security over to Afghans and find ways to negotiate peace with the Taliban.
Radical reform is needed to make the banking system safer, Britain's top central banker said on Tuesday, adding U.S. President Barack Obama's plan to curb some activities would not fully solve the too big to fail problem.
Trust in business worldwide rebounded modestly last year, after plummeting in the face of a severe recession, but informed adults believe companies will revert to their old ways as memory of the downturn fades.
Britain needs a safer and more robust banking system, its top central banker said on Tuesday, urging the country to work with President Barack Obama on his plans for a drastic overhaul of the global financial system.
Standard & Poor's cut its rating outlook on Japan on Tuesday and China implemented a clampdown on lending, hitting investor confidence about global economic recovery.
Fears of more Chinese policy tightening spooked global markets on Tuesday after Beijing ordered some banks to comply immediately with a planned increase in reserves and a report suggested earlier attempts at curbing lending had failed.
Asian stocks slid on Tuesday, with Taiwan suffering its worst one-day fall in six months, as fears mounted that China could impose further measures to curb soaring loan growth, potentially dampening a global recovery.
Yesterday's surprise 0.4% decline in the Producer Price Index did little to curb the markets support for the Aussie dollar around 90 cents as it traded at an intraday high near 0.9075.
Goldman Sachs Group Inc , in the crosshairs of the pay debate, is capping compensation at $1.6 million for its partners in the UK, according to a source familiar with the matter.
The European Union agreed on Monday to set up a military mission in Uganda to train Somali government forces who are fighting an Islamist insurgency.
Prime Minister Gordon Brown said on Monday he saw growing support for some form of international levy on banks to fund support for the industry.
Al Qaeda leader Osama bin Laden claimed responsibility for the failed Dec. 25 bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.
German electronic chipmaker Infineon's director Klaus Wucherer does not expect UK pension fund Hermes will be able to stop his election as chairman of the supervisory board on February 11, he told German newspaper Die Welt.
Hewlett-Packard, the world's biggest maker of PCs, will launch a digital music service across key European markets on Monday, hoping to benefit from consumers' rising appetite for new types of music download services.
The Aussie dollar dipped below 90 cents during Friday's Asian session following a larger than expected 4.3% fall in the Australian Q4 import price index.
Iceland has approached several governments about the possibility of mediating talks on the more than $5 billion its owes to Britain and the Netherlands after the island's banking crisis, Icelandic media reported on Sunday.
Afghan election authorities have agreed to push back a parliamentary election to September from May, pleasing diplomats who wanted time to prevent a repeat of the rampant fraud that plagued a presidential vote last year.
Al Qaeda leader Osama bin Laden claimed responsibility for the December 25 failed bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.