The Australian Dollar opens at a 5-week high against the greenback on Thursday at 0.9200.
Icy conditions have driven a surge in energy demand in heavily populated parts of the northern hemisphere but some countries are enjoying a relatively mild winter, data shows.
The European Commission said on Wednesday it had given conditional approval for U.S. food group Kraft Foods Inc (KFT.N) to take over British confectionery maker Cadbury (CBRY.L).
Kraft faced pressure to raise its bid for Cadbury with extra cash as the market digested Tuesday's warning from key investor Warren Buffett and an initial deadline passed with few of the UK confectioner's shares changing hands.
Portugal's EDP Renewables (EDPR) expects to be awarded a 1.3 gigawatts development project in the third offshore wind farm leasing round in the United Kingdom, the company said on Wednesday.
European Union carbon emissions futures barely moved after a small German permit auction on Wednesday, but traders warned a UK auction on Thursday could push prices lower.
Britain's biggest insurer Prudential (PRU.L) is buying the life insurance unit of Singapore's third-biggest lender UOB (UOBH.SI) for S$428 million ($307 million) to beef up its presence in fast-growing Asia.
Britain's biggest insurer Prudential (PRU.L) is buying the life insurance unit of Singapore's third-biggest lender UOB (UOBH.SI) for S$428 million ($307 million) to beef up its presence in fast-growing Asia.
Two former cabinet ministers on Wednesday called for a secret ballot of MPs to decide if Prime Minister Gordon Brown should lead the Labour Party into an election due by June.
Yemeni forces surrounded a suspected al Qaeda regional leader in a house near the capital after earlier arresting three militants wounded in a raid, security sources said, as the country cracked down on militancy.
Global financial regulation has changed little since the 2008 banking crisis, but that won't be the case much longer.
The Australian Dollar opens largely unchanged against the greenback on Wednesday at 0.9090.
Warren Buffett came out against Kraft's $16.8 billion hostile offer for Britain's Cadbury as a threat to shareholder value, undermining the U.S. foodmaker's attempt to woo investors with a sweeter bid.
Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
Warren Buffett's Berkshire Hathaway Inc issued a stern warning to Kraft Foods Chief Executive Irene Rosenfeld, saying it opposed the food maker's plan to float new shares in pursuit of Cadbury Plc .
Razor King Johnnie Stark is long dead, but the specter of violence raised by the brutal street fighter in No Mean City still haunts Glasgow seven decades after the novel's publication.
Kraft Foods sweetened its 10.2 billion pound ($16.43 billion) hostile offer for Cadbury with cash, which may well be enough to land the British group, as long as rivals stay out of the race.
Britain's Good Food Guide has chosen 10 chefs it believes may make the headlines in the coming decade as Gordon Ramsay and Heston Blumenthal have done over the past 10 years.
Spain played it safe as it unveiled an artwork to represent its European Union presidency on Tuesday, avoiding the controversy of a year ago when the Czech Republic managed to offend most of the EU.
Stock index futures pointed to a flat open on Tuesday as investors awaited key economic data for new signs of recovery one day after the Dow and the S&P rallied to their highest closes in more than 15 months.
Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.
