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May16
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Miners lead sharemarket plunge, dollar falls below US99c to five-month low

2, | Staff | May 16, 2012

AUSTRALIAN shares suffered their worst drop this year as fear gripped global markets amid escalating financial and political turmoil in Greece.

May16
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BHP Billiton chairman Jacques Nasser pulls plans for $80bn spend on growth ...

2, | Staff | May 16, 2012

BHP Billiton will not spend a planned $80 billion on growth projects, the chairman of the world's biggest miner said today.

May16
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Greek president tries to end political stalemate

1 | Staff | May 16, 2012

Seeking to end a nine-day deadlock, Greece’s president met Tuesday with five political party leaders in an effort to form a new government after inconclusive electio...

May16
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London airport lines ‘depend on wind’: minister

2, | Editor | May 16, 2012

Long waits to clear passport control at London Heathrow Airport can depend on which way the wind is blowing, Britain's immigration minister said Tuesday.

May16
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Obama walks fine line in bashing Romney, courting Wall Street

2, | Editor | May 16, 2012

For President Barack Obama’s re-election team, it’s sort of like threading a needle.

May16
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Ex-Senator Edwards, mistress could testify on Wednesday

3, , | Editor | May 16, 2012

Former U.S. Senator John Edwards and the woman with whom he had an affair during his 2008 presidential bid could be called by the defense to testify on Wednesday in ...

May16
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Greece faces new elections as government talks collapse

2, | Editor | May 16, 2012

Debt-stricken Greece must hold fresh elections after talks on forming a new government broke up without agreement Tuesday, prolonging a tortuous crisis which could s...

May16
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German court orders release of arms dealer Karlheinz Schreiber

1 | Editor | May 16, 2012

A German court ordered the release from jail on Tuesday of a German-Canadian arms dealer, who was a key player in a party funding scandal that helped bring Chancello...

May16
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Obama ribs ‘old’ Beckham on underwear line

2, | Editor | May 16, 2012

U.S. President Barack Obama ribbed aging football icon David Beckham over his underwear line Tuesday, as he celebrated Los Angeles Galaxy's Major League Soccer title...

May16
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Man sets himself on fire outside Anders Breivik trial

2, | Editor | May 16, 2012

An unidentified man set himself on fire Tuesday outside the courthouse where right-wing extremist Anders Breivik is being tried on terror charges for a bombing and s...