BUSINESS

Apple (AAPL) iPhone 5s Outperforms iPhone 5c Sales

The 7.4 magnitude quake that struck Bohol island in the southern Philippines has not only damaged malls and ripped roads apart in the province, it has also caused massive damage to at least two historical churches.

U.S. SENATE MAJORITY LEADER HARRY REID SAYS HE AND REPUBLICAN MCCONNELL HAVE MADE ´´TREMENDOUS PROGRESS´´ TOWARDS DEBT LIMIT, GOVERNMENT FUNDING DEAL, BUT ´´WE ARE NOT THERE YET´´ - RTRS This headline flashed across news screen just over half an hour before local trade kicked off this morning. The optimistic tone expressed has set the tone for the Asian session so far. Expectations are that a positive conclusion is close at hand.

Textbook rental service Zookal entered a partnership with University of Sydney engineers to deliver textbooks through robotic flying drones from a new company, Flirtey.

Apple (NASDAQ:AAPL) Stock Quote at Market Close Monday; Target price at $520-$550 – analyst

Although the Waterloo, Ontario-based phone maker would surely deny it, BlackBerry officials appear close to pressing the panic button as the company continues to flounder.

Crumbling Asian stocks was a result of the U.S. stalemate. Consequently, this has also affected the Australian market.

An old Canadian Hershey factory used to make chocolates but now believed to produce marijuana. This factory has been abandoned some years back but it is reportedly manufacturing licensed marijuana.

By Greg PeelOlympic Dam is Australia's largest uranium source but outside of the diversified resource conglomerate that is owner BHP Billiton, Australia's two "big" pure-play uranium producers are Energy Resources of Australia ((ERA)), operating in the Northern Territory and Paladin Energy...

Miner Rio Tinto sold on Monday the 1.56 carat Fancy Red diamond sourced from its Argyle mine. The pink diamond, purchased by seasoned bidder John Glajz, fetched a record price of over $2 million in the annual Argyle Pink Diamonds tender.

Push-up bras were invented to help females with small breasts to make it appear that these hapless women have bigger front bumpers.

By Greg PeelThe Dow closed up 64 points or 0.4% while the S&P gained 0.4% to 1710 and the Nasdaq added 0.

Apple Inc. (AAPL) is reportedly releasing budget iMacs in 2014, an analyst says.

Australian stocks are in the red for the third time in five trading sessions, with the All Ordinaries Index (XAO) down 0.8 per cent. All sectors are in the red, with weaker than expected Chinese trade numbers on the weekend combined with the US debt ceiling keeping investors on edge.

Air Canada is now not just in the hot seat but may well ought to be inside a dog pen after how it handled the case of a dog that went missing from one of its supposed flights.

Losing a loved one to unexpected death is really heartwrenching, specially if it involved a newly born baby. But the parents of an unidentified UK baby decided to go the extra mile to donate their child's kidneys to a patient who badly needed it, in the hopes that someday they would be able to feel their child's presence again."

New Zealand is hoping to develop its live seafood export to Australia into a $100-million annual trade, said Seafood New Zealand.

With the huge income technology giants Apple and Facebook generate, the two companies will soon offer housing facilities to their thousands of employees on top of high pay and other perks.

Whether BlackBerry officials admit it or not, the handwriting is on the wall for the Canadian phone maker which once ruled the mobile phone world.

At the rate Chinese millionaires are being minted, the Asia-Pacific region is bound to seize the crown as the wealthiest in the world from North America by 2017, a Credit Suisse report said.

On Friday, Computerworld IT blogger Richi Jennings wrote that reports came from China that the iPhone 5C is not selling well. He added that because of this development, production reportedly is being slashed by half, while the price of the unlocked device in the gray-market has plummeted to $425.

It certainly was an eventful end to the week, with stocks rising by 1.6 per cent by the close of trade, taking the gains for the week to a modest 0.44 per cent. The biggest catalyst for the improvement was the Republican Party putting forward a temporary six week increase in the debt ceiling to allow time for congress to negotiate on 2014 budget.

Apple’s 5-inch iPhone coming in 2014

Motor company Ford showed off prototype cars with two new technologies in Europe. One system allows a car to park itself without a driver inside while another automatically turns the steering wheel to avoid stopped cars or pedestrians. The driver less vehicle would be an advantage in the parking places as that consumes the much of time.

M23 militants in eastern Congo have infiltrated several lucrative gold mines in order to bankroll their rebellion by smuggling out nearly $500 million of the precious metal a year, claimed a Washington-based human rights group on Thursday.

China, Europe Agree To $57 Billion Currency Swap Deal

Philippines Introduce Tax ‘Star Ratings’ For Restaurants

Apple Inc. (NASDAQ:AAPL) Mac sales lags behind HP and Dell

The US political jitters have settled somewhat, sending global markets sharply higher. Last night was the best one day session for American shares since December 2011, while the local market is having its best day in three months. The All Ordinaries Index (XAO) is up 1.6 per cent.