EUROPE’S main stock markets rose overnight on merger and acquisition news, but equities slumped in Istanbul amid political turmoil.

OIL prices slipped overnight on world markets amid profit-taking after sharp gains last week following news of a possible terrorist plot in Saudi Arabia.

THE dollar opened higher today as the US dollar slumped amid rising expectations of an interest rate cut in the world’s largest economy.

US stocks lost ground overnight as investors pulled back after a record-setting series of sessions and digested good economic news about inflation.

The History Channel promises that soldiers in Iraq and Afghanistan will provide the site with ‘uncensored news’.

Speakers at New York City hearing urge Congress to legislate a free and open Internet.

Telstra has installed a 150km fibre-optic cable across a new mining site in South Australia that will provide
wireless broadband, voice and video calling to on-site staff.

Telstra’s involvement in a new submarine cable to run from Asia to the US will boost connectivity between Australia and Asia, according to Telstra chief operating officer Greg Winn.

Telstra chief operating officer Greg Winn has denied the telco is being inflexible in its decision not to deploy a fibre to the node network (FTTN) until it gets the right regulatory environment.

THE dollar was stronger at noon after data on Friday showed the US economy grew more slowly than expected.