BUSINESS

Multiple explosions rocked Tavares, Florida, on Monday night, June 29 when large propane tanks exploded at a gas plant in the area, leaving seven people hurt and 15 others remain unaccounted for.

Manufacturers of Russian vodkas stand to suffer potential losses after the global LGBT movement has unilaterally decided to ban the type of alcoholic drinks from gay bars in response to Russian President Vladimir Putin's crackdown against the sector in his home country.

The Australian share market is lower at lunchtime in the East, as investors show caution ahead of a speech by RBA Governor Glenn Stevens.

By Peter Switzer, Switzer Super ReportBeing known and hailed in the media as a so-called money guru effectively means that most people are more likely to ask me about what the RBA is going to do before they ask me how I am!And while I know I sound like I'm a shares junkie in most of my writings...

The Reserve Bank of Australia's Governor Glenn Stevens is expected to Australian dollar's outlook within the week as investors are showing confidence in the market. Governor Stevens said he will give the signal whether he will cut rates further in August.

By Andrew NelsonThe steady and significant retreat of the uranium price over the month of July gathered even more pace last week.

The steady increase of the number victims of Apple iPhone 5 electric shock worldwide, including Australia, has prompted the giant IT company to issue safety reminders and guidelines in determining authentic iPhone and iPad chargers.

Samsung Galaxy Note 3 joins the line of tablets and phablets featuring the powerful Snapdragon 800 from Qualcomm. Google and Sony already revealed the new Nexus 7.2 and Xperia Z ultra respectively. With reports showing Samsung will be using Snapdragon 800 on its Note 3, the market can anticipate an interesting battle between these devices.

Mining giant Rio Tinto (ASX: RIO) placed on hold its planned $5 billion expansion of the Oyu Tolgoi copper mine in Mongolia because of the Mongolian Parliament's stand that it must approve the financing for the project.

By Greg PeelThe Dow fell 36 points, or 0.2%, while the S&P lost 0.4% to 1685 and the Nasdaq dropped 0.

Australian consumers have found themselves appalled at recent report uncovering taxpayers Down Under are paying 50 to 100 percent more than the U.S. buyers of the same technology products. The report by the parliamentary IT pricing inquiry committee enrages the tech consumers, who helped complete the report that began in 2012.

First generation Google Nexus 7 became a success. Its next installment, the Nexus 7.2, as many prefer calling, is starting to become just the same. With better hardware and display, the tech giant has set the stage for rival Apple. Can Apple’s iPad mini 2 live up to the standard?

Cautious trading today left the Australian market relatively unchanged today with the All Ordinaries closing higher by 0.08 per cent to end at 5027.9pts. Sector performance was mixed as losses in the energy and materials sectors were offset by gains in financial and information technology stocks.

Sony Xperia Z Ultra becomes the latest Android beast to hit the market. The tech giant has made their phablet official. Sony Xperia Togari features 6.4 inch wide touch screen display and Qualcomm Snapdragon 800.

Intel Inc. (INTC) and Apple (APPLP) will join together to release the next line of Macbook Pros, according to reports. Intel’s next powerful Haswell chips will power up Apple’s latest line of Retina Macbook Pros set to hit stores in October.

A few Melbourne Victory football supporters made it to the MCG last night. The rest of the 95,000 were all raving Scousers for a night. They even tried to sing 'You'll Never Walk Alone' in a Liverpudlian accent.

Gold is not the only money. But it's the only kind the works in our extended economy.

The Australian market started off slightly higher today, after the US stocks closed slightly higher on Friday ahead of a busy week for news and economic numbers. This week for the Aussie market it will all be about reading the data out of the US and watching out for Chinese Manufacturing numbers mid-week.

With three users of iPhone units suffering from electrocution the past few weeks, the Cupertino-based tech giant launched a new campaign to push users if their gadgets to utilise official USB power adapters to avoid accidents.

No iPhone 5S? A photo full of iPhone boxes has been making buzz on the internet, hinting Apple’s new, cheap iPhone is underway. Posted by Chinese Web site, WeiPhone.com, the photo showed a large bucketful of plastic phones with “iPhone5C” printed on their sides.

The honeymoon period for the Royal family was too soon for eagle-eyed followers, now including mums from all over the place. With the birth of the third king-in-waiting, all eyes have been on the new Royal family and more scrutiny has been on the plates of the Duke and Duchess of Cambridge.

Google just released their second generation Nexus 7 last July 24 in San Francisco. Noting the success of the original Nexus 7, the second installment of the tablet appears to be on its way to becoming just the same hit. With the release of the new Nexus, people are now asking what this spells for the first Google tablet and other competitors like Apple’s iPad mini?

Australian authorities have issued warnings when a young woman from Sydney was hospitalised after being electrocuted using Apple's iPhone. Since similar incidents from around the globe have been recorded - - creating shock and resulting in electrocution for the device users - - the authorities maintain that it is best for Aussies to take the necessary precautions in using tech devices.

Is it possible to perform a quickie oral sex on a man aboard an Armadale Express train during rush hour?

The Australian markets edged higher for the fourth time this week, with the All Ordinaries Index (XAO) up 0.1 per cent. This is the fifth consecutive week of gains for local shares; the longest winning streak since January. Stocks in July so far have improved by an impressive 5.2 per cent; the best month in 1.5 years.

Google Nexus 7 maker ASUS announced the release of two motherboards: the new A88XM-A and A55BM-A/USB3. The two motherboards released are the first of its kind to work with the new new Socket FM2+ APUs (Accelerated Processing Units) from AMD.

Facebook Inc.'s shares rose to new heights in more than a year as news of its astounding revenues in mobile ads is regarded as the turning point for comeback of the social networking giant in the stock market.

Smartphone price begins to decline regardless with the innovation in technology and strategic plans of manufacturers. Budget phones started to take over as the hottest niche in mobile industry and new vendors grow rapidly in their local territories. What would you do to get back the cash you've spent for your phone?

Qualcomm seems to be a runaway winner as it managed to tie the knot with Google’s Nexus 7.2 and Motorola’s upcoming X8. However, this does not mean the company has stopped working on increasing their market share in an industry dominated by Intel.