The Bank of England held fire on both interest rates and quantitative easing on Thursday as it paused to assess the impact of the massive stimulus it has already injected into the economy.
The defining technology trade show of the '80's and '90's is making a return this November, revived as an online-only event.
Futures on U.S. stock indices traded higher before the open as declining unemployment claims, combined with Wednesday's better than expected ADP employment data, eased investor sentiment ahead of Friday's unemployment rate report.
Iceland can get by without more cash from the International Monetary Fund until it needs to refinance debt in 2011, although any big delay will hit its economy, a central banker said on Thursday.
The chief executives of Britain's Prudential Plc and American International Group met employees of the two firms in Southeast Asia on Thursday, in a bid to address concerns about the insurance industry's record M&A deal unveiled earlier this week.
The United States, France and other Western powers are preparing a plan for a fourth round of U.N. sanctions against Iran over its nuclear program and hope to persuade Russia and China to back it.
Starbucks Corp said that its cafes in UK and Japan will soon sell its Via instant coffee, which helped boost same-store sales at U.S. outlets in the latest quarter.
Iceland has made a last-ditch compensation offer to Britain and the Netherlands in talks over $5 billion lost in Icesave accounts, ahead of a Saturday referendum which is expected to nullify the current deal.
U.S. Secretary of State Hillary Clinton failed to win Brazil's support on Wednesday for more sanctions against Iran and said Tehran would not talk seriously about its nuclear program until the United Nations took new action.
The Australian Dollar opens higher today at 0.9045. The unit was bolstered during yesterday's domestic session hitting an intraday high of 0.9060 after fourth-quarter national accounts revealed a 0.9 per cent increase in economic growth for an annualised pace of 2.7 per cent.
Italy has arrested seven people Wednesday on suspicion of trafficking arms to Iran -- two Iranians they believe are secret agents and five Italians, police said Wednesday.
The U.S. Justice Department has launched an investigation into whether hedge funds might have acted together in betting against the euro, a source familiar with the situation said on Wednesday.
Opera Software said on Wednesday it had seen a surge in downloads of its browser after Microsoft started making it easier for Europeans to choose smaller rivals' browsers.
Standard Chartered said it would pay staff $1.1 billion in bonuses in a red hot fight for talent after strong investment banking in its core Asian markets in 2009 helped fuel record profits.
The president of the U.N. Security Council said on Tuesday it was ready to tackle proposals for new sanctions against Iran over its nuclear program, while U.S. diplomats worked to persuade China that action is needed.
EU internal market commissioner Michel Barnier was quoted on Wednesday as saying Brussels would conduct an internal investigation into the trading of credit default swaps related to Greece and other countries.
Activision Blizzard Inc is forming a business unit for its blockbuster Call of Duty franchise, following the departure of two senior executives at the studio that developed the video game, the company said on Tuesday.
The U.N. Security Council might take up this month the issue of Iran's nuclear program and Western proposals for a fourth round of sanctions against Tehran, Gabon's U.N. envoy said on Tuesday.
Dubai's police chief plans to seek the arrest of Israeli Prime Minister Benjamin Netanyahu and the head of Israel's spy agency over the killing of a Hamas leader in the emirate, Al Jazeera television reported.
The strength of the Australian economy was evident once again yesterday following the release of a much stronger than forecast 1.2% rise in Retail Sales during January adding some support to the AUD/USD in early Asian trade.
Warren Buffett says he worries about all currencies.
Asian banks including DBS Group have been invited to help underwrite Prudential's $20 billion rights issue.
