Nathan Bell, Research Director at Intelligent Investor Share Advisor tells CNBC's Cash Flow that the Qantas board and management need to be cleaned out.» Read More
A sea hunt for the missing Malaysian jet resumed in the Indian Ocean where an underwater sensor made the fifth detection of a signal in recent days.
WASHINGTON, April 11- The following is the full text of the communique and an accompanying annex issued on Friday by the finance ministers and central bankers of the Group of 20 nations after a two-day meeting.
NEW YORK/ LONDON, April 11- Arabica coffee futures on ICE turned lower for the first time in seven sessions on Friday, on forecasts for rain in top grower Brazil, but remained on track for their strongest weekly performance in seven weeks after surging to two-year highs.
DAKAR/ JOHANNESBURG, April 11- For centuries, colonial era merchants tussled for access to Africa's raw materials, and huge swathes of Africa's geography became synonymous with the main commodity they exported: Gold Coast, Ivory Coast, the Spice Island of Zanzibar.
LONDON, April 11- Nickel hit a 13- month high on Friday as Indonesia's ban on ore exports kept market supplies tight, though risks are rising that lofty prices will encourage buyers to look for cheaper sources of supply.
*MSCI World index falls 0.5 pct, MSCI Europe down 1.2 pct. *Sharp sell-off on Wall Street hits global stocks. LONDON, April 11- Global equities slipped to a two-week low on Friday as a sell-off on Wall Street led by technology and biotech shares and triggered by growing concerns that valuations are over stretched spread to Asia and Europe.
KUALA LUMPUR, April 11- Malaysia's government has begun investigating civil aviation and military authorities to determine why opportunities to identify and track Malaysia Airlines Flight MH370 were missed in the chaotic hours after it vanished, two officials said.
LONDON- Global equities slip to a two-week low, with an escalating selloff on Wall Street led by technology and biotech shares on concerns of stretched valuations spreading to Asia and Europe. Co-op Bank confident of raising funds to secure future.
*Sharp sell-off on Wall Street hits global stocks. LONDON, April 11- Global equities slipped to a two-week low on Friday as a sell-off on Wall Street led by technology and biotech shares and triggered by concerns that valuations are over stretched spread to Asia and Europe.
LONDON, April 11- The yen fell back a third of a percent against the dollar on Friday but remained on track for its best week since the start of March as a slump in confidence in U.S. stock markets sent investors scurrying for traditional safe havens.
*Australia's Padbury Mining says ready to build new iron ore port. Padbury Mining said it was obtaining the funds from private Australian equity investors, who required anonymity, with an initial $470 million due in 40-45 days.
That's despite a variety of threats including rising political tensions over Russia's actions in Ukraine.
TOKYO, April 11- The yen was on track to post its biggest weekly gain against the dollar in four weeks on Friday as a Wall Street share selloff and Asia's diminishing risk appetite boosted the safe-haven yen. Market participants said renewed concerns over Ukraine were also a factor to watch, with the yen standing to gain from its safe-haven status.
PERTH, Australia— Authorities are confident that signals detected deep below the surface of the Indian Ocean are coming from the missing Malaysian jet's black boxes, Australia's prime minister said Friday, raising hopes officials may eventually solve one of the most perplexing aviation mysteries of all time.
*Funding of almost $6.5 bln secured from Australian equity investors. SYDNEY, April 11- Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches.
TORONTO- Ontario Finance Minister Charles Sousa speaks at the Intercontinental Hotel in Toronto- 1600 GMT. WASHINGTON- German Finance Minister Schaeuble speaks at Center on Foreign Relations in Washington- 1715 GMT. WASHINGTON- 2014 Spring Meetings of the International Monetary Fund and the World Bank Group.
*Corn back above $5 on slow start to U.S. planting. Corn fell on technical selling but pared losses amid concerns about potential U.S. planting delays. At the Chicago Board of Trade by 12:34 p.m. CDT, May wheat was down 7 cents at $6.62 a bushel, while KC May hard red winter wheat, the type grown in the Plains, dipped to a one-month low of $7.19-3/ 4.
Executives who gathered in the Chilean city of Santiago this week acknowledged tougher environmental standards, labor strikes, community resistance and resource nationalism were also making exploration more challenging.
TOKYO, April 10- Big gaps remain between the United States and Japan after two days of talks on a bilateral trade deal that is vital for a broader regional pact, negotiators on both sides said on Thursday. Japan and the United States are seeking a two-way trade deal, regarded as a cornerstone of the U.S.-led Trans-Pacific Partnership, before U.S.
LONDON, April 10- Senior foreign exchange officials from the world's major central banks will gather in Sydney on Friday, with allegations of collusion and price manipulation in the world's largest financial market likely to dominate the regular annual meeting.