WORLD FINANCE UPDATE:
The Australian share market is expected to open higher after Wall Street spent most of the night in positive territory.
At 0700 AEDT on Thursday, the Australian share price futures index was up seven points, or 0.12 per cent, at 5,772.
Meanwhile, the Australian dollar hit a three-month low as base metal prices suffered another day of losses.
At 0700 AEDT, the local currency was worth 76.60 US cents, down from 76.93 US cents on Wednesday, after going as low as 76.53 US cents, earlier in the morning.
LONDON – The British government has rejected calls for ministers to negotiate continued European Union citizenship for UK residents after Brexit.
LONDON – Britain’s plans to pass new laws to control migration after it leaves the European Union have been pushed back, interior minister Amber Rudd says.
LOS ANGELES – Facebook Inc is giving users more control over their privacy by making data management easier and redesigning the settings menu, the company says.
NEW YORK – SoftBank Group Corp’s Vision Fund will invest in creating the world’s biggest solar power project in Saudi Arabia, it says, stepping up its involvement in the kingdom and expanding beyond technology.