WORLD FINANCE UPDATE:
The Australian dollar is weaker ahead of an emergency eurozone meeting on the Greek crisis.
At 0630 AEDT on Thursday, the local currency was trading at 77.15 US cents, down from 77.76 cents on Wednesday.
And the Australian share market looks set to open flat after falls on international bourses ahead of an emergency eurozone meeting on the Greek crisis.
At 0645 AEDT on Thursday, the March share price index futures contract was up seven points at 5,731.
ELSEWHERE:
ATHENS - Greek Prime Minister Alexis Tsipras announced plans to work with the OECD to draft a program of reforms to boost growth in the debt-laden country, which is hoping to renegotiate its bailout commitments.
PARIS - Chinese conglomerate Fosun and its partners have snapped up 92.8 per cent of French holiday resorts group Club Med, closing out a takeover saga that lasted nearly two years.
PURCHASE, New York - PepsiCo Inc. (PEP) has reported fourth-quarter profit of $US1.31 billion ($A1.69 billion).
THE HAGUE - Dutch brewing giant Heineken has posted an 11 per cent jump in net profit for 2014, saying it continued to target key developing countries despite global market volatility.
NEW YORK - The financial news and information group Thomson Reuters says it swung to profit in the fourth quarter amid reorganisation, while revenues dropped.
MADRID - Shares in Spain's AENA, the world's biggest airport operator by passenger numbers, jumped 15.71 per cent to 67.11 euros in their first day of trading on the Madrid stock market.
GENEVA - Mining and commodities giant Glencore has announced plans to unload its 23.9 per cent stake in South African platinum producer Lonmin and distribute the shares to its own shareholders.
THE HAGUE - Leading Dutch bank ING says it plans paying a dividend for the first time since getting a state bailout in 2008, despite posting a 64 per cent drop in net profit for 2014.
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