British luxury goods group Burberry beat second-quarter revenue forecasts, helped by demand for handbags and leather goods, and signaled an improvement in some second-half revenue trends.
A softer than expected result in the NAB business confidence survey did little to curb enthusiasm for the Aussie dollar in Asia yesterday as it held on to intraday support at 0.9050. During the offshore session the AUD momentarily jumped above the 91 cent mark following a rally in the Euro only to pull back to exchange at 0.9050 this morning ahead of the release of Westpac's Consumer Confidence survey.
The world needs to build 100 major projects for capturing and burying greenhouse gases by 2020 and thousands more by 2050 to help combat climate change, the head of the International Energy Agency said on Tuesday.
Afghan politicians on Tuesday expressed frustration over delays to the outcome of the August presidential election, held up by elaborate efforts to wipe clean the widespread fraud that marred the vote.
A post mortem carried out on Boyzone singer Stephen Gately on the Spanish island of Majorca revealed on Tuesday that he died of fluid on the lungs, a court official said on Tuesday.
More than a quarter of the staff at the Singapore office of private bank RBS Coutts have quit in a mass resignation and some are joining Swiss rival BSI.
Britain's leading shares were 0.3 percent lower early on Tuesday, retreating from a 12-month high set the previous session with investors staying on the sidelines ahead of UK inflation data and upcoming U.S. corporate earnings.
The Aussie dollar traded in a narrow range during Asia yesterday bouncing between 0.9020 and 0.9060 for the majority of the session.
Comeback pop singer, Whitney Houston, will tour Europe next year making it her first tour in eleven years.
Buoyed by a substantial first-place U.K. debut, the Pixar cartoon Up reclaimed the No. 1 spot on the foreign box office during the weekend.
Britain froze business ties with an Iranian bank and state-run shipping firm Monday, citing fears that they were involved in helping the Islamic Republic to develop nuclear weapons.
Britain said Monday progress was being made in negotiations over the future of GM Opel car plants in Britain but there were still issues to be settled.
General Motors GM.UL is on track to sign a contract this week to sell a majority stake in European carmaking arm Opel to a Canadian-Russian consortium, Opel labor leader Klaus Franz told Reuters.
Germany could end up shouldering the entire burden of aid for Opel because Britain and Spain remain reluctant to support the planned sale of the carmaker to Canada's Magna, a Free Democrat (FDP) politician said.
Prime Minister Gordon Brown gave his backing on Monday to the central bank's program of pumping money into the economy to help pull Britain out of recession.
British bank Lloyds (LLOY.L) has lined up six investment banks to run a rights issue expected to be worth over 10 billion pounds ($15.9 billion) as the lender seeks to cut its reliance on the government, people familiar with the matter said on Monday.
British Prime Minister Gordon Brown plans to detail a sale of government assets on Monday aimed at raising 3 billion pounds ($4.8 billion), a draft of a speech provided by his office showed on Sunday
European stocks were up 1.2 percent by midday on Monday, hitting a near three-week high, as forecast-beating results from Philips (PHG.AS) fuelled hopes over results ahead of this week's earnings from bellwethers.
A rally by miners and energy stocks, spurred by firmer commodity prices, helped Britain's top share index extend gains by midday on Monday as it rose above 5,200 points for the first time since September 2008.
Britain's top shares rose 1.0 percent early on Monday, regaining 5,200 points for the first time in over a year on advances in oil majors and a rally by Vodafone (VOD.L), with investors awaiting the next batch of U.S. earnings.
Prime Minister Gordon Brown plans to detail a sale of government assets on Monday aimed at raising 3 billion pounds, a draft of a speech provided by his office showed on Sunday.
Sometimes, much weirder things happen at the MTV Video Music Awards than Kanye West interrupting an acceptance speech.
