WORLD FINANCE UPDATE:
The Australian dollar is higher after US employment growth in July was weaker than expected.
At 0630 AEST on Monday, the local unit was trading at 93.08 US cents, up from 92.80 cents on Friday.
And the Australian share market looks set to open lower after international bourses extended their declines with investors still concerned over conflicts in the Middle East and Ukraine and Argentina's debt default.
At 0645 AEST on Monday, the September share price index futures contract was down 26 points at 5,473.
ELSEWHERE:
LISBON - Portugal is ready to bail out the Banco Espirito Santo (BES) to prevent a catastrophic run on its banks that could plunge its fragile economy further into crisis.
MOSCOW - EU sanctions targeting Russia over its role in Ukraine's conflict have hit Aeroflot's low-cost domestic airline Dobrolet, forcing it to cancel all its flights because of scrapped leasing deals for Boeing aircraft.
LONDON - A report commissioned by London mayor Boris Johnson has concluded a British exit from the European Union is "a viable option" for the capital, and better than staying in an unreformed EU.
SINGAPORE - Singapore sovereign wealth fund GIC, which manages more than $US100 billion ($A108 billion) of the city-state's foreign reserves, has warned of a tough investment outlook over the next decade as global central banks withdraw ultra-easy monetary policies.
YANGON - Qatari telecoms firm Ooredoo has begun selling low-cost SIM cards in Myanmar (Burma), opening up access to mobile services in one of the world's last virtually untapped phone markets.
DETROIT - The US government says General Motors (GM) vehicle owners should recheck the company's recall identification website if previous checks indicated their cars aren't being recalled.
SPARKS, Nevada - A sprawling industrial park near Reno where wild mustangs roam among the sagebrush has become the focus of Tesla's unusually secretive site selection process for its $US5 billion ($A5.41 billion) battery factory.
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