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1. President Bush says the US and its allies foiled a plot by terrorists to hijack an airliner, and fly it into the tallest skyscraper in Los Angeles in 2002. But the mayor of Los Angeles tells the As
1.Pakistan condemns a deadly attack in which a purported CIA airstrike unsucessfully targets al Qaeda’s No.2 man in a border village. 2.In Iraq, a court official says the chief judge in Saddam Husse
1. After more than 24 hours of searching, rescuers in West Virginia still haven't been able to make contact with two missing miners. Rescue crews have been working since an underground conveyer belt c
1. Rev. Jerry Falwell has died. He was found unconscious in his office at Liberty University in Virginia. The television evangelist became the face of the religious right in the 1980s. He also founded Liberty and served as its president. Jerry Falwe
1. President Bush opened the Memorial Day weekend with a call for Americans to rededicate themselves to the war on terror. He's also asking everyone to pray for the troops overseas and remember those who lost their lives on the battlefield. 2. Meant
1. Millions of Americans on the go this Memorial Day weekend are taking a hit at the gas pumps. Gas prices are above the 3.20 level. However, experts say so far the prices aren't preventing a majority of Americans from traveling. 2. School children
Woodside Petroleum's attempts to buy back nearly 10% of its shares from energy giant Shell has failed. At a general meeting in Perth today 72% of votes cast by shareholders went favor of the proposal and 28% were against. The resolution needed 75% su
The FBI has identified the masked Islamic State militant who murdered two American journalists and a British aid worker, the man who has a British accent appeared in the video showing the beheading of the three men. Now the FBI hasn't named the man o
Australian fighter jets have completed their first combat mission in Iraq. The chief of the Defence Force Mark Binskin says the two jets were armed but did not launch airstrikes. Two FA-18 jets were involved. The jets have returned safely to base. Th
A low pressure trough is triggering foundering showers in the inland parts of QLD and NT. A second trough is producing thunderstorms over parts of SA and showers over the south western Victoria. Pointing ahead to todays forecast for the state in QLD,
Leading the news, Clive Palmer wants our spoken senator Jackie Lamby to remain in the Palm United Party despite their falling out. Mr. Palmer says up to 700,000 dollars were spent getting Senator Lamby elected and he liked to stay, but the interview
And when the markets in Europe closed a couple of hours ago London's FTSE 100 was down 34 points. The Dax was also down, while the Euro was up two points. In the US, trading comes to a close shortly and the Dow Jones is up. The SP 500 is also up. And
After posting solid gains yesterday, the share market today lost momentum and closed flat. The All Ords and the ASX 200 just giving back a few points.By the close, the falls today were led by bank and retail sectors. Gains in the resource sectors, th
Now let's get more business and finance news, in particular the markets see how they finished the trading week. And in Europe, we could see a mostly down, a quite oversee in Germany with the Dax. The FTSE finished down 76 points. Across the Atlantic,
Let's go to finance and the markets have been digesting the recommendations from the government commission of audit. The chief economist at HSBC Australia Paul Bloxham says it is important to get the budget back into surplus but the whole issue has t
More people than never before employed in United Stats newly released official confirmed the total number of people who have job is now slartly high than the peak range before the international crisis of 2008. Corespondent say it's an important maste
And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was up. The Dax and Euro stocks were down. In the US, trading comes to a close shortly and the Dow Jones is slightly up, while the Nasdaq is down. And the Australian dolla
And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was up. The Dax and the Euro were also up. In the US, trading comes to a close shortly and the Dow Jones is up. And the SP 500 is up as well. And the Australian dollar is
Pope Benedict has indeed surprised the world announcing his resigning at the end of the month. He is the first pontiff to step down in almost 600 years, saying he is simply too old and frail to continue in the job. The Vatican says it expects his suc
And in Europe, it ended the week higher with London's FTSE up 44 points there. The Dax also having a positive day. And across the Atlantic, as trade has ended on Wall Street, the Dow finishing up 68 points. So a positive day all around globally. And