AMR bolsters cash position, to order planes
American Airlines parent AMR Corp said on Thursday that it had bolstered its liquidity and planned to take steps that include buying new planes in a bid to return to profitability.
Oil falls towards $72 after stock rise
Oil prices fell toward $72 a barrel on Thursday after rising more than 5 percent this week as swollen U.S. distillate stocks such as diesel offset positive sentiment in other markets.
U.S. backs away from missile shield plan
President Barack Obama has told east European states he was backing away from plans for an anti-missile shield there, in a move that may ease Russian-U.S. ties but fuel fears of resurgent Kremlin influence.
Stock futures edge up ahead of jobless, housing data
U.S. stock index futures rose slightly on Thursday, edging toward a fourth straight positive session, as investors awaited key data on the labor and housing markets.
Business travel slump eases, airlines say
Airlines are at last beginning to fill vacant business-class seats in a sign that a slump in cross-border trade is easing, an industry body said on Thursday.
Clearing skies over U.S. economy open rift at Fed
An improving U.S. economy has exposed a widening rift at the Federal Reserve over how quickly to scale back the central bank's aid measures, a debate that will be front and center when policy-makers meet next week.
Oil hovers near $72.50 after 5 percent rise
Oil prices hovered around $72.50 a barrel on Thursday after rising more than 5 percent this week as swollen U.S. distillate stocks such as diesel offset positive sentiment in other markets.
BOJ upgrades view on economy, keeps rates on hold
The Bank of Japan said it was slightly more optimistic about economic and financial conditions on Thursday, likely bringing it a step closer toward phasing out some of its measures to support corporate funding.
Oracle software sales miss target
Oracle Corp's quarterly software sales came in sharply below expectations, dashing hopes that corporate technology spending is rebounding and sending its shares down 2.7 percent.
BoJ Shirakawa: stronger yen may support economy
Bank of Japan Governor Masaaki Shirakawa said on Thursday a stronger yen would push down prices in the near term but might support the economy in the longer run. Japan must look at the overall economy in gauging the impact of the yen's strengthening, Shirakawa told a news conference.
Global shares rally, dollar falls
Global shares rallied on Thursday, pushing the benchmark world index to a fresh 11-month high, while the euro hit a one-year peak against the low-yielding dollar as investors put back risk trades due to economic optimism.
Asian shares rally, dollar hits 1-year low
Asian stocks hit their highest level in 13 months on Thursday on signs the global economic recovery could be strengthening, while the dollar slid to a fresh one-year low as investor optimism eroded its safe haven appeal.
Indonesia police believe key militant dead: sources
Indonesia's most-wanted Islamic militant, Noordin Mohammad Top, may have been killed in a shoot-out in Central Java, security and police sources said on Thursday.
Australian charged with raping daughter for 30 years
An Australian man has been charged with sexually abusing his daughter for 30 years and fathering her four children, local media said Thursday.
Israel defense chief: Iran not an existential threat
Israeli Defense Minister Ehud Barak was quoted on Thursday as saying he does not view Iran as a threat to the existence of the Jewish state, a view that would seem to depart from Israeli statements of the recent past.
Bright start for Japan's new PM as economy improves
Japan's new prime minister got some good news on his first full day in office on Thursday as the central bank said the struggling economy was showing signs of recovery from its worst recession since World War Two.
Asian stocks hit 13-month high on upbeat U.S. data
Asian stocks hit their highest level in 13 months on Thursday and the Australian dollar surged after U.S. economic data raised hopes that the global economic recovery was strengthening.
Oil holds above $72, inventory fall limits losses
Oil was steady above $72 a barrel on Thursday, taking a breather after a rise of more than 2 percent a day earlier, following a larger-than-expected fall in U.S. crude oil inventories.
Google talking to DOJ about books settlement: report
Google Inc and a group of authors and publishers are in talks with the U.S. Justice Department about possibly modifying an agreement struck last October to publish millions of books online, Bloomberg reported on Wednesday.
Google talking to DOJ about books settlement-report
Google Inc and a group of authors and publishers are in talks with the U.S. Justice Department about possibly modifying an agreement struck last October to publish millions of books online, Bloomberg reported on Wednesday.
Daily Commentary - 17/09/2009
The Australian Dollar opens sharply higher on Thursday at 0.8725 on greenback weakness and a continuation of the recent shift into high-yielding assets.
MIT's endowment shrinks 20.7 pct to $8 billion
The Massachusetts Institute of Technology said on Wednesday that its endowment shrank 20.7 percent in its last fiscal year as its investments were badly battered by the financial crisis.
Oracle software sales miss target, shares fall
Oracle Corp's quarterly software sales came in sharply below expectations, dashing hopes that corporate technology spending is rebounding and sending its shares down 2.7 percent.
Cuomo subpoenas 5 Bank of America directors
Ratcheting up pressure on the largest U.S. bank, New York Attorney General Andrew Cuomo has subpoenaed five current or former Bank of America Corp directors to learn what they knew about Merrill Lynch & Co's problems as the companies prepared to merge.
Twitter funding would value it at $1 bln: report
Twitter is closing a round of funding that will value the company known for its 140-character, stream-of-consciousness blogs at $1 billion, technology news site TechCrunch reported on Wednesday.
Annie Le death Update: lab technician forced woman to have sex
Raymond Clark III, the lab technician taken into custody for the murder of Yale student Annie Le forced an ex girlfriend to have sex with him, the New Haven Independent reported today.
U.S., ex-Goldman programmer get more time for talks
The government will have another month to seek an indictment against or reach a settlement with a former Goldman Sachs Group Inc programmer accused of stealing trade secrets.
EU in informal talks on Microsoft, Yahoo deal-source
EU antitrust regulators are in touch with Microsoft Corp and Yahoo Inc about their search engine deal, a source familiar with the situation said, with the talks seen more as exploratory than indicating any competition concerns.
Skype founders suing eBay, investment firms: report
The founders of Skype are suing its owner eBay Inc and the investor group that has agreed to buy the Internet telephone service, alleging theft of technology, according to the Wall Street Journal.
Paul McCartney voted Americans' favorite Beatle
Paul McCartney topped a poll of Americans' favorite Beatles, but nearly a quarter of those surveyed said they didn't like the British rock group.