$A continues move higher
The Australian dollar continued its rally to open higher on Friday, despite the euro taking a tumble after the European Central Bank (ECB) squashed the idea that interest rates were on the rise next month.   (07:26)  »    Full report

Dow lower as oil nears $US68
Inflation concerns have dominated Wall Street, with stocks mostly lower as crude prices marched toward $US68 per barrel and jobless claims fell.   (06:37)  »    Full report

COMPANIES

Anthony new chief at AGL
Energy group Australian Gas Light Company (AGL) has appointed Paul Anthony as chief executive as it pushes ahead with its proposed merger with rival Alinta.   (16:45)  »    Full report

Raising to ward off QGC
Takeover target Sydney Gas said on Friday it planned to raise $50 million through a rights issue and a new convertible note facility as it moved to ward off predator Queensland Gas Company (QGC).   (10:45)  »    Full report

Sandvik offers $106m for SDS
Swedish engineering group Sandvik on Friday announced a $106 million cash offer for Australian drill manufacturer SDS Corporation.   (09:59)  »    Full report

FINANCIAL SERVICES

QBE looks at 10pc profit lift
QBE Insurance Group says its premiums could grow by and extra 2 to 3 per cent this year if the Australian dollar remains at current levels.   (11:31)  »    Full report

Larry lands $85m hit on Suncorp
Queensland-based insurer and bank Suncorp estimates the net cost of last month's cyclone Larry will be $80 million to $85 million after insurance recoveries.   (09:49)  »    Full report