WORLD FINANCE UPDATE:
The Australian dollar has rallied against a weakening greenback.
At 0630 AEST on Thursday, the local unit was trading at 74.73 US cents, up from 74.40 cents on Wednesday.
And the Australian share market looks set to open slightly higher following gains on Wall Street where the lower US dollar lifted some commodity-related shares and boosted the outlook for multinationals.
At 0645 AEST on Thursday, the share price index was up seven points at 5,381.
ELSEWHERE:
ABUJA - The Niger Delta Avengers militant group have rejected an offer of talks with the government to end its attacks on oil facilities, and say they blew up a Chevron pipeline site in the Niger Delta.
MADRID - A Spanish court has overruled Madrid legislation that banned renting tourist accommodation for fewer than five days in a victory for the "sharing economy" which allows people to stay in ordinary people's homes through sites like Airbnb.
WELLINGTON - The Reserve Bank of New Zealand has kept its key interest rate unchanged at 2.25 per cent.
WELLINGTON - New Zealand pay-TV operator Sky is looking at paying more than $US3.4 billion ($A4.55 billion) to acquire Vodafone NZ.
SUNNYVALE, California - Yahoo is hoping to sell most of its technology patents as part of a purge that also could culminate in the sale of its internet operations.
OKLAHOMA CITY - The fiery crash that killed US oilman Aubrey McClendon in March when his car hit a wall was an accident, Oklahoma's medical examiner has ruled, echoing a police inquiry's findings that there was no evidence of suicide.
MOSCOW - Russia has presented a new medium-range passenger plane which state media say is superior to its Western-made counterparts in many respects and would be snapped up by both Russian and foreign carriers.
Share
