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High Court Disapproves Rio Tinto's Attempt to Strike Deals Outside of Collective Bargaining

The Australian High Court ruled in favour of mining workers this week and threw out a Rio Tinto appeal that requests for the reversal of an earlier decision that requires the giant mining firm to honour collective bargaining agreements.


PM Gillard Wants Her Executives to Have a Unified Message

Prime Minister Julia Gillard issued on Friday a new directive that requires members of the cabinet to secure clearance with her office prior to their appearance on Australian newspapers.


Australian Dollar Outlook - 02/13/2012

Bell FX Currency Outlook: The AUD tumbled on Friday from the close to 1.0800 to open just below 1.0700 this morning as financial markets became nervous before the vote on austerity measures by the Greek Parliament.


Global Markets Overview - 02/13/2012

Stocks were dragged down for their worst one-day loss in about six weeks by tumult over the Greek bailout, disappointing readings on the U.S. economy and a downgrade of nearly three dozen Italian banks.


Greek Parliament in Flames after Protestors Throw Petrol Bombs; Lawmakers in Dilemma

Black-masked protesters throwing petrol bombs created a wall of fire on Sunday outside Greece's parliament as lawmakers inside looked set defy public rage by endorsing a new austerity deal to secure an EU/IMF bailout and avoid national bankruptcy.


5th Fleet Commander Says Iran Is Preparing Kamikaze Boats in Gulf

Iran has built up its naval forces in the Gulf and prepared boats that could be used in suicide attacks, but the U.S. Navy can prevent it from blocking the Strait of Hormuz, the commander of U.S. naval forces in the region said Sunday.


Tom Storrs Dies at 93; CEO Helped Build Bank of America

Tom Storrs, who set a small North Carolina bank on the path to becoming one of the largest U.S. financial institutions, died Friday at age 93.


Protest Pictures: Greece, Syria, Egypt, Romania See Citizens Take The Streets Over Weekend

Tens of thousands of protesters took to the streets this weekend demanding political justice, economic opportunity, and a change to the status quo for which many have been actively advocating since 2011.


No More Compromise on Birth Control, Obama Staff Chief Vows

President Barack Obama will make no further changes to the rule requiring health insurance plans to provide women with coverage for contraception, although U.S. Catholic bishops still object, his chief of staff said Sunday.


Whitney Houston's Daughter, Bobbi Kristina Brown, Rushed to the Hospital

TMZ is reporting that Whitney Houston's daughter, Bobbi Kristina, was rushed to Cedears-Sinai Hospital in Los Angeles. According to TMZ sources, the 18-year-old was taken out of the Beverly Hilton Hotel on a stretcher Sunday.