Egypt has signed agreements for oil and natural gas exploration that are expected to bring in new investments of $2.3 billion, an official at the Oil Ministry said on Monday.
Britain's Hardy Oil and Gas Plc (HAOG.L: Quote, Profile, Research, Stock Buzz) posted an operating loss for the first half on lower crude oil prices and higher costs, and cut its 2009 production forecast as its only producing field was shut for repairs.
Hennes & Mauritz , the world's third-biggest clothing retailer, reported on Monday a bigger-than-expected 3 percent drop in year-on-year sales at established stores in July.
Tax Deal Details Emerging; DNA Microchips? Lucratrive Trade
The Australian Dollar opens the new week lower at 0.8283. The Aussie hit an eleven-month high of 0.8475 last Friday after the Reserve Bank of Australia governor Mr Glenn Stevens said a normal cash rate is noticeably higher than the current level of 3 per cent.
The British government is prepared to tighten the laws on bankers' pay and bonuses if companies continue to reward excessive risk-taking, finance minister Alistair Darling told the Sunday Times newspaper.
There is speculation that Radiohead will issue a new digital EP as early as Monday, after the leak of a track online assumed to be a new song by the band.
A U.S. International Trade Commission (ITC) judge on Friday issued an initial determination in favor of Nokia Oyj in an action brought by InterDigital Inc against Nokia.
Britain's Chrysalis Group, publisher of Michael Jackson hit songs including
The U.S. Department of Energy's Information Administration said Thursday natural gas stockpiles increased by 63 billion cubic feet to 3,152 Bcf for the week ended August 7. he U.S. Department of Energy and the U.S. Department of the Treasury announced on Thursday they will allocate $2.3 billion in tax credits for manufacturers of clean energy equipment.
The father of a French teaching assistant charged with spying in Iran said on Thursday he hoped his daughter would leave prison later in the day, after France agreed to provide bail for her conditional release.
The PGA Championship 2009 gets underway today and ends on August 16 at the Hazeltine National Golf Club in Chaska, Minnesota and the championship will be available online via a live stream, as well as on TV.
The seasonally adjusted jobless claimants volume increased by 24,000 persons in the UK in July, somewhat above the 20,000 rise foretasted by market analysts, although the unemployment rate remained steady at 9.4%.
Germany and France achieved a shock return to economic growth in the second quarter of the year, ending their recessions earlier than many policymakers and economists expected, but failed to drag the euro zone with them.
Germany and France enjoyed a shock return to economic growth in the second quarter of the year, data showed on Thursday, ending their recessions earlier than many policymakers and economists had expected.
Australian Dollar: Local investors were slightly disappointed by yesterdays Westpac Consumer sentiment index release sending the Aussie dollar down from early morning levels around 83 cents.
As a writer, Valerie Martin found she quickly became tough-skinned, with rejection par for the course as she set out to build a career.
BHP Billiton Ltd/Plc , the world's largest miner, gave a guarded outlook for global commodity demand, sending a worrying signal for weaker rivals, after a slump in metals prices triggered its first profit decline in seven years.
Switzerland is striving to settle a long-running tax evasion dispute between UBS and the U.S. government that challenges Swiss banking secrecy, before a key pre-trial conference on Wednesday.
Britain's Lloyds said on Wednesday it would sell the bulk of its Insight Investment unit to Bank of New York Mellon for 235 million pounds ($386 million) as part of a shake-up of its asset management units.
Lloyds Banking Group said it will sell its Insight Investment unit to Bank of New York Mellon for 235 million pounds ($386.2 million), following the completion of a strategic review of its asset management business.
Despite a relatively upbeat NAB survey on business conditions the Aussie dollar retreated from its intraday highs at 0.8380 in Asia yesterday dropping to a low of 0.8320 with the market questioning the sustainability of the recent rally in equities.
