BUSINESS

Qantas, Jetstar Add 900,000 Seats on East Coast Routes

Qantas and Jetstar will add about 900,000 more seats on its east coast routes by July in a bid to improve the company's finances. The addition of capacity, announced Thursday, is part of the revamp initiated this week by Qantas Chief Executive Alan Joyce.
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Calling Beijing: China Flash PMI Falls

By Greg PeelHSBC reported today its "flash" estimate of its independently calculated Chinese manufacturing purchasing managers' index (PMI) fell to 48.

Android ICS Update: List of Smartphones with Android ICS Soon!

The latest Android version which is known as Android 4.0 or Android ICS (Ice Cream Sandwich) is something that Android users have been waiting for a long time now ever since it was announced to the public. Though Android ICS was already announced 6 months ago, not all smartphones have been updated to the latest Android version.

NT Tourism at Risk with Cutback of Qantas, Jetstar Services

Besides Qantas aircraft maintenance engineers who were at the receiving end this week of Chief Executive Alan Joyce's ax, another victim to the announced revamp of the flag carrier would be the tourism sector in the Northern Territory.

Apple's iPhone 5 Rumors and Possible Release Date

Rumors about Apple's new iPhone 5 are circulating the web as many people are setting high expectations about this new offering from Apple. Aside from possible specifications and features, rumors about the possible release date are also spreading like wildfire in the Internet.

NAB Blames Battle for Deposits for High Mortgage Interest Rates

National Australia Bank (NAB) Chief Executive Cameron Clyne blamed on Wednesday the battle for deposits among Australian lenders for the high mortgage interest rates in the country. In effect, he belied claims by the other banks that the European crisis, which caused wholesale funding cost to rise, is the culprit.

What's Next for Qantas?

The Qantas Monday announcement of the closure of the air carrier's Tullamarine Airport maintenance facility was just the tip of the iceberg. On Wednesday, Qantas Chief Executive Alan Joyce made an even bigger announcement of more revamps in the company.

The Overnight Report: Greek Dance

By Greg PeelThe Dow closed down one point while the S&P was flat at 1316 and the Nasdaq fell 0.3%There are all sorts of troubles in Tech Land, with the Nasdaq last night's worst performer following Monday's big Apple-led rally.

Yahoo! Exec. Pleads Guilty to Insider Trading

The U.S. Securities and Exchange Commission on Monday charged a former executive at Yahoo! Inc. and a former mutual fund manager at a subsidiary of Ameriprise Financial Inc. with insider trading on confidential information about a search engine partnership between Yahoo and Microsoft Corporation.

New Study Points to Apple as World’s Most Valuable Brand

Arguably, Apple tops the list as one of the leading global companies, with its products desired by millions around the world, and a new study not only affirmed that stature but also crowned the American firm as the most valuable brand over the past 12 months.

BofA Analysis: David Jones a Good Buy

An analysis by Bank of America (BofA) showed that Australian retailer David Jones would be a good buy for now following the drop in company shares at its lowest level since the global financial crisis.

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