Yesterday's surprise 0.4% decline in the Producer Price Index did little to curb the markets support for the Aussie dollar around 90 cents as it traded at an intraday high near 0.9075.
Goldman Sachs Group Inc , in the crosshairs of the pay debate, is capping compensation at $1.6 million for its partners in the UK, according to a source familiar with the matter.
The European Union agreed on Monday to set up a military mission in Uganda to train Somali government forces who are fighting an Islamist insurgency.
Prime Minister Gordon Brown said on Monday he saw growing support for some form of international levy on banks to fund support for the industry.
Al Qaeda leader Osama bin Laden claimed responsibility for the failed Dec. 25 bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.
German electronic chipmaker Infineon's director Klaus Wucherer does not expect UK pension fund Hermes will be able to stop his election as chairman of the supervisory board on February 11, he told German newspaper Die Welt.
Hewlett-Packard, the world's biggest maker of PCs, will launch a digital music service across key European markets on Monday, hoping to benefit from consumers' rising appetite for new types of music download services.
The Aussie dollar dipped below 90 cents during Friday's Asian session following a larger than expected 4.3% fall in the Australian Q4 import price index.
Iceland has approached several governments about the possibility of mediating talks on the more than $5 billion its owes to Britain and the Netherlands after the island's banking crisis, Icelandic media reported on Sunday.
Afghan election authorities have agreed to push back a parliamentary election to September from May, pleasing diplomats who wanted time to prevent a repeat of the rampant fraud that plagued a presidential vote last year.
Al Qaeda leader Osama bin Laden claimed responsibility for the December 25 failed bombing of a U.S.-bound plane in an audio tape aired on Sunday, and vowed to continue attacks on the United States.
Iceland has approached several governments about the possibility of mediating talks on over $5 billion its owes to Britain and the Netherlands after the island's banking crisis, Icelandic media reported on Sunday.
Apple's global roll-out of it's iPhone got a boost this week as UK's Vodafone sold over 100,000 units within seven days of launching.
Stocks capped their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits, and tech shares slumped after Google Inc's disappointing results.
Stocks tumbled in their worst three-day slide in 10 months on Friday on fears the White House's plan to curb bank risk-taking would cut profits and a drop in tech shares after Google Inc's disappointing results.
Major European economies offered support on Friday for U.S. President Barack Obama's plan to limit banks' size and trading activities but indicated they had no plans to follow suit.
The FTSE 100 index was essentially flat early in the London session, but proceeded to drop as much as 40 points, or 1.4 percent, after weaker than expected U.K. retail sales were announced at 9:30 am in London.
France, Britain and Germany offered support on Friday for President Barack Obama's plan to limit banks' size and trading activities but fell short of pledging to follow suit on the proposal that has stunned world markets.
France, Britain and Germany offered some support on Friday for U.S. President Barack Obama's plan to curb banks' size and trading activities, which has stunned markets and could rewrite the world's financial order.
Advanced Micro Devices Inc reported better-than-expected revenue on strong holiday spending but its shares slid more than 4 percent as investors cashed in recent gains.
Airbus and seven European NATO nations adjourned crucial talks over the troubled A400M military transporter plane until Friday and a source close to the talks said they remained far apart on a possible rescue package.
The Aussie dollar bounced back from sub 91 cents to a 0.9135 in Asia yesterday with the release of Chinese economic data which signalled a strong performance in Q4 2009 and indeed throughout the calendar year.
