WORLD FINANCE UPDATE:
The Australian dollar is flat on mixed US markets.
At 0700 AEST on Thursday, the local unit was trading at 72.57 US cents, unchanged from Wednesday.
And the Australian share market looks set to open flat after Wall Street closed virtually unchanged amid mixed global manufacturing data and inflation for clues about the Federal Reserve's next interest rate rise.
At 0645 AEST on Thursday, the share price index was up four points at 5,333.
ELSEWHERE:
VIENNA - OPEC will consider setting a new oil output ceiling at its next meeting, four OPEC sources say.
WASHINGTON - The Federal Reserve says the world's biggest economy grew at a modest pace in much of the country from April to mid-May, despite headwinds ranging from slower consumer spending to ongoing troubles in manufacturing and the energy sector.
WASHINGTON - American manufacturing expanded for the third straight month in May, more evidence that US factories have adjusted to a strong dollar and economic weakness overseas.
WASHINGTON - US construction spending fell in April by the biggest amount in five years as housing, non-residential construction and spending on government projects all declined.
PARIS - French tax authorities are seeking 356 million euros ($A550.74 million) in unpaid taxes from Booking.com, a unit of Priceline Group.
WASHINGTON - The impact of low oil prices has continued to hobble the finances of US banks, which posted increased loan losses in the first quarter driven by a huge jump in delinquent energy loans.
YENAGOA, Nigeria - Chevron's onshore operations in Nigeria's Niger Delta have been shut by a militant attack at its Escravos terminal, sources say, and local leaders say military confrontation will not end the violence.
TOKYO - Mitsubishi Materials Corp, one of dozens of Japanese companies that used Chinese forced labourers during World War II, has reached a settlement covering thousands of victims that includes compensation and an apology.
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