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Drones over U.S. may pose security risks
SYDNEY, Feb. 8 (UPI) -- The Australian share market, snapping a three-day losing streak, closed higher Friday with prices up 1.1 percent across the board.
The All Ordinaries Index rose 56 points to 5,724 and the ASX 200 jumped 61 points to 5,658.
Big banks all did well to lead the market recovery -- the Commonwealth Bank putting on $1.18 to close at $44.93.
Gold miners had a mixed day while investors appeared wobbly on BHP Billiton's formal bid to take over rival Rio Tinto -- BHP shed nearly 70 cents to $32.38 while Rio Tinto closed down $1.79 at $112.
Retail stocks were also mixed, with Woolworth's and Wesfarmers up but David Jones finished dipped 2 cents.
Spot gold rose $4.10 an ounce to $909.60 and the Australian dollar was buying 89.48 U.S. cents.
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BAGHDAD, Feb. 10 (UPI) --
Iran has been plundering oil from southern Iraq, a theft on a grand scale that's helping Tehran withstand sanctions aimed at throttling its oil exports.
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ARLINGTON, Va., Feb. 10 (UPI) --
The United States and Israel have flight tested the Arrow Weapon System to evaluate and verify the missile system's Block 4configuration.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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