Business, Investment and Financial News

US markets snapped a three week losing streak on Friday finishing the week in good stead on the back of better-than-expected non-farm payrolls.

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Aevum Limited (ASX: AVE) chairman Graham Lenzer intensifies a campaign call to reject the Stockland Corporation Limited (ASX: SGP) offer of $1.50 a share.

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Twilight star Robert Pattinson's apparent jealousy toward Kristen Stewart's co-star Viggo Mortensen is starting to create buzz for Kristen's new non-Twilight movie On the Road. Pattinson has been reportedly on the watch for the love scenes between Kristen Stewart and Viggo Mortensen, just to make sure that nothing is for real.

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The cost of borrowing in Australia stays at 4.5% and Japan at near zero amid continuing global economic uncertainty.

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The cost of borrowing in Australia stays at 4.5% and Japan at near zero amid continuing global economic uncertainty.

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EUR/USD

Today's support: – 1.2802, 1.2768, 1.2735 and 1.2690(main), where correction is possible. Break would give 1.2677, where correction also may be. Then follows 1.2653. Break of the latter would result in.

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The Australian debt market opened with traders selling off bonds.

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Services on the London Underground are severely disrupted on the first morning of a series of 24-hour strikes.

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Although dollar's cross-inspired selloff from Monday's 85.91 high to 83.66 earlier suggests correction from last week's 15-year low at 83.58 has ended, subsequent rebound to 84.67 suggests choppy trading sideways trading is in store and above said 84.67 resistance would extend gain to 84.90/00 but r.

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Irish band U2 confirmed that the band will play an extra concerts in Australia and New Zealand. Concert tickets to band's five-city tour in Australia, and in Auckland are already sold out, with some play dates running out of concert tickets within mere hours.

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The local currency opened more than US 0.5 cents higher than Friday's close of $US0.9080/84. The Aussie buck began trading at $US0.9153/59.

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Kanye West shows his reform not only by apologizing to Taylor Swift in his blog, but now also by writing an apologetic song dedicated to country singer Swift. "I wrote a song for Taylor Swift that's so beautiful and I want her to have it," Kanye said on his Twitter. "If she won't take it then I'll perform it for her.".

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Google has confirmed reports that the Texas Attorney General is investigating the company in connection with an anti-trust lawsuit by two firms claiming it manipulated search results to harm the complainants.

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Suncorp-Metway Limited (ASX: SUN) and Insurance Australia Group Limited (ASX: IAG), two of New Zealand's largest insurance companies, are prepared for the expected property damage claims caused by Saturday's earthquake.

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The Guardian

Oracle hires former HP's Hurd Reuters Mark Hurd, chairman, CEO and president of HP speaks at the Fortune Brainstorm Tech conference in Pasadena, California, in this July 24, 2009 file photo. By Megan Davies and Ritsuko Ando NEW YORK (Reuters) – Silicon Valley technology giant Oracle Corp … Oracle names ex-HP CEO Mark Hurd co-presidentThe Associated Press Ellison hires Mark Hurd as Oracle co-presidentSan Francisco Chronicle Mark Hurd Joins Oracle After Leaving HP; Phillips ResignsBloomberg Los Angeles Times -Contra Costa Times -New York Times all 977 news articles »

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