WORLD FINANCE UPDATE:
The Australian dollar has slipped on downbeat international sentiment amid weak economic data.
At 0630 AEST on Monday, the currency was trading at 72.70 US cents, down from 73.02 cents on Friday.
And the Australian share market looks set to open lower after falls on US and European markets following disappointing US home sales and China factory output data.
At 0645 AEST on Monday, the September share price index futures contract was down 49 points at 5,467.
ELSEWHERE:
BRUSSELS - Representatives of Greece's creditors will begin talks in Athens on Monday on a third bailout package for the debt-swamped Greek government.
LONDON - Mining groups Anglo American and Lonmin have announced plans to cut their headcounts by a combined 12,000 staff owing to falling metals prices in a weak global economy.
WASHINGTON - Sales of new US single-family homes fell in June and May sales were much lower than previous reported, the Commerce Department says.
WASHINGTON - Automaker Fiat Chrysler is set to be hit with a record $US105 million ($A142.76 million) fine for lapses in recalls of its vehicles.
LONDON - British publishing company Pearson says it is in talks to sell its 50-per cent stake in The Economist Group, owner of the prestigious magazine of the same name.
NEW YORK - Amazon shares have shot to record levels after a blowout earnings report seen as a potential watershed for the US online giant.
FORT WORTH, Texas - Dramatically cheaper jet fuel has helped American Airlines nearly double its second-quarter profit to $US1.7 billion ($A2.31 billion) despite lower revenue.
WASHINGTON - US regulators have approved AT&T's $US49 billion ($A66.62 billion) acquisition of satellite broadcaster DirecTV, clearing the way for a new powerhouse in broadband and video services.
DUBLIN - Allergan PLC, the Dublin-based pharmaceutical giant, says it's agreed to buy Naurex, a developer of drugs for depression and other central nervous system disorders, for $US560 million ($A769.92 million).
SAN FRANCISCO - Microsoft is aiming to build lasting relationships with Windows 10, the operating system seen as critical to reviving the fortunes of the once-dominant tech giant.
BEIJING - A Chinese server maker and software developer will set up manufacturing plants and research centres in California, state media reports.
SAO PAULO - Bad news has has piled up for Brazil's economy, with the real plunging to its lowest level against the US dollar in 12 years and analysts warning the home of samba will need years to recover its economic rhythm.
Share
