The Australian Dollar opens lower on Friday at 0.9180 after a stronger greenback overnight weighed on the high-yielders and eroded yesterday's solid gains.
Britons snowed in by the wintry weather have been flocking to an extra-marital dating site in the last 24 hours.
British Prime Minister Gordon Brown said on Thursday he had the full support of his cabinet, labelling a call from two former ministers for a secret Labour party ballot on his future a storm in a tea cup.
The Bank of England kept the scale of its asset purchase programme unchanged at 200 billion pounds ($319 billion) on Thursday and said it would decide whether or not to extend it next month.
The Bank of England committed to one more month of asset purchases under its 200 billion pound ($318 billion) quantitative easing policy on Thursday, as widely expected, and kept interest rates at a record-low 0.5 percent.
Cadbury shares dipped below the level of Kraft Foods' 10.6 billion-pound ($17 billion) bid for the first time on Thursday as prospects of a rival bid receded and analysts reckoned Kraft now needs only to slightly sweeten its offer to win.
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 .
