GOLDMAN Sachs and Lehman Brothers, two of Wall Street`s biggest investment banks, both announced sharp declines in quarterly profits today as a credit squeeze ravages US financial markets
MEDIA giant News International has opened what it calls the world`s biggest printing plant, vowing that print newspapers still have a vibrant future despite the massive expansion of online media
JEROME Kerviel, the Frenchman blamed by his company for the world`s biggest rogue trading scandal, left jail today after winning a legal battle against detention
US carrier Delta Air Lines says it is offering buyouts to 30,000 employees in a wide-ranging overhaul of operations as it struggles with record-high fuel prices
US sports apparel company Reebok has agreed to pay a $US1 million ($1.07m) fine for giving away hundreds of thousands of lead-laced bracelets that killed a child
EUROPEAN stock exchanges staged strong rallies overnight, a day after falling sharply on global financial fears, with the London FTSE 100 index soaring 3.54 per cent to 5605.80
THE Federal Reserve slashed a key US interest rate by three-quarters of a percentage point today, a substantial cut but smaller than many in financial markets had expected, as part of an effort to hold off a deep recession and financial meltdown
JAYANT Patel, the surgeon facing extradition from the US to Queensland to face manslaughter charges, is looking to Mahatma Gandhi for inspiration to cope with life inside a high-security detention centre
US presidential candidate Barack Obama will seek to quell a controversy over inflammatory rhetoric by his former pastor in a speech on the issue of race
THE new governor of New York who assumed power after his predecessor stepped down in a sex scandal admitted to the New York Daily News that both he and his wife had extramarital affairs years ago
POLITICALLY correct it wasn`t, but Changchun Yatai coach Gao Hongbo`s blunt identification of Adelaide United`s key player confirmed the waves being made by Reds striker Bruce Djite
AFTER impressing coach Ricki Herbert in his time with the ill-fated New Zealand Knights, Chinese player player Leilei Gao is back for another tilt in the A-League, this time with the Wellington Phoenix
Encouraging sign ... emissions by so many nations in the G8 have not previously fallen together any year since 1990.
MOVIE director Anthony Minghella has died at the age of 54. Minghella helmed the Academy Award-winning film The English Patient
HOLLYWOOD hearthrob George Clooney has ruled out rumours of him returning to TV, and being the godfather of Nicole Kidman`s child
SHE`S the newsreader who tries to never become the story, which is why Sandra Sully kept news of her break-up quiet - until now
