WORLD FINANCE UPDATE:
The Australian dollar has bounced back from a slightly negative reaction to volatile local employment numbers.
At 0630 AEST on Friday, the currency was trading at 73.43 US cents, up from 73.30 cents on Thursday.
And the Australian share market looks set to open lower after falls on Wall Street where stocks were dragged down by media company results.
At 0645 AEST on Friday, the September share price index futures contract was down 38 points at 5,490.
ELSEWHERE:
LONDON - The Bank of England has left its key interest rate at a record low, as policy makers see no need to put the brakes on the UK economy amid slowing growth in Asia and risks from the Greek debt crisis.
ISMAILIYA, Egypt - Egyptian President Abdel Fattah al-Sisi has staged a lavish ceremony to unveil a "new" Suez Canal, seeking to boost the country's economy and international standing by expanding the vital waterway.
NEW YORK - McDonald's says it is cutting about 225 corporate jobs as part of a push intended to revitalise its flagging business.
NEW YORK - The New York Times says its digital paid subscriptions have topped one million for the first time, as it reported a jump in quarterly profits.
NEW YORK - Activist investor Bill Ackman is paying approximately $US5.5 billion ($A7.48 billion) for a 7.5 per cent stake in Mondelez International Inc.
TAIPEI - Taiwan's struggling smartphone maker HTC has suffered its biggest ever quarterly loss in the three months to June, as sales of its high-end products plunged, it says.
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