WORLD FINANCE UPDATE:
The Australian dollar is weaker against the greenback, which bounced overnight despite disappointing US jobless figures.
At 0630 AEST on Friday, the Aussie was trading at 74.56 US cents, down from 74.77 cents on Thursday.
And the Australian share market looks set to open lower, after Wall Street rose following strong gains in Asian and European equity markets.
At 0645 AEST on Friday, the September share price index futures contract was down 20 points at 5,388.
ELSEWHERE:
BRUSSELS - Less than two hours ahead of a midnight deadline the eurozone has received new bail-out reform plans from Greece.
LONDON - The Bank of England has voted to leave its main interest rate at a record-low 0.50 per cent in the face of low inflation and steady growth.
WASHINGTON - The number of people seeking unemployment benefits in the US rose last week to the highest level since late February. But the increase likely reflected temporary auto plant shutdowns rather than any underlying labor market weakness.
MOSCOW - A summit of the BRICS countries has concluded with a declaration calling on the five member states to intensify their industrial development.
KIEV - Ukraine says it will offer nearly 350 state firms for sale to foreign investors at an upcoming US conference aimed at saving the war-shattered country's imploding economy.
PURCHASE, New Jersey - PepsiCo is using pricier products to help drive up sales.
NEW YORK - Coty is buying 43 beauty brands from Procter & Gamble Co, including Miss Clairol, Covergirl and Max Factor.
NEW YORK - Ford plans to move production of two of its smallest cars from its assembly plant in Michigan to a plant abroad by 2018 to maintain competitiveness.
DETROIT - Honda has added 4.5 million vehicles in countries outside the U.S. to the growing list of cars and trucks recalled for Takata air bags that could explode with too much force and spew shrapnel at drivers and passengers.
NEW YORK - IBM has unveiled a powerful new chip which the company says could boost computing power of "everything from smartphones to spacecraft."
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