The Australian Dollar has opened around USD0.9000 this morning after trending higher in the early part of the European session.
MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.
The Aussie dollar staged a remarkable recovery over the last 24 hours rallying from a post inflation report low of 0.8904 to trade at a high of 0.9040 overnight.
Google Inc said its Web search and mobile services in China were blocked on Thursday, weeks after Beijing agree to extend the company's Chinese webpage license.
BNP Paribas SA has hired former Bank of America Corp executive Chris Innes to head equity sales for the Americas in New York, a person familiar with the matter said.
Two lawsuits have been filed over a gob of toothpaste.
Emerging market governments and investors have issued near-record amounts of debt this month and cash-loaded investors, afraid to bet on stocks, have flocked to the relative safety of bonds.
Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.
Top U.S. phone carrier AT&T Inc on Thursday named Alcatel-Lucent, Cisco Systems Inc and Juniper Networks as key suppliers for its networks.
New claims for unemployment benefits slipped last week, but stayed at a stubbornly high level that underscored the labor market recovery was having trouble gaining traction.
U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.
Executive compensation at large and mid-sized U.S. companies is expected to rebound modestly this year after two consecutive years of declines as business conditions improve, according to a survey.
Buying returned to U.S. stocks on Thursday after a key semiconductor index bounced off its lows, helping to reduce losses and leaving the market little changed.
The Federal Reserve should consider buying more Treasury securities, instead of promising an extended period of low rates to support recovery, should inflation drift lower, a top Fed official said.
Senate Republicans blocked a $30-billion plan to help community banks boost lending to small businesses, dealing a blow to President Barack Obama's election-year battle to reduce unemployment.
Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker.
France's Sanofi-Aventis is expected to bid up to $18.7 billion for Genzyme Corp by the weekend, but an offer at that price is not likely to sway the U.S. biotech company, sources said on Thursday.
Citigroup Inc will pay U.S. regulators $75 million to settle charges that it failed to disclose $40 billion in subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
Exxon Mobil's quarterly profit jumped 85 percent on surging oil prices and a big rise in refining margins, while Royal Dutch Shell Plc's profits rose 34 percent.
Motorola Inc posted stronger-than-expected quarterly results on strength in its enterprise and network units, boosting its shares despite investors' frustration that its phone sales target wasn't raised.
U.S. lawmakers will hold a hearing on Sept. 15 to consider whether U.S. government action is needed to address China's exchange rate policy, a key House of Representatives committee said on Thursday.
China loosened its yuan, also known as the renminbi, on June 19 from a 23-month-old peg to the dollar but it has barely risen in value since then.
Motorola Inc posted stronger-than-expected quarterly results on strength in its enterprise and network units, sending its shares up despite frustration it did not raise its phone sales target.
