BUSINESS

The newly appointed chief executive of Qantas's international operations has a lot of work cut out for him following the warning of by Qantas Chief Executive Alan Joyce of an expected net loss of $330 million for the financial year that ends this June.

The Australian share market is trading relatively flat in the early session, with the main indices see-sawing between positive and negative territory. Stronger than expected GDP numbers saw the All Ordinaries Index (XAO) hit a high of 4112 points just after 11.30am AEST, but at midday in the East the market has pulled back a little. The XAO currently firmer by 8pts to 4100.4.

Billionaire investor George Soros has warned that European leaders have a "three-month window" to save the euro, or risk the destruction of the eurozone and a "lost decade".

By Rudi Filapek-VandyckThe S&P500 gained 0.57% overnight to close at 1285.50, up 7.32pts. The Nasdaq advanced 0.

By Rudi Filapek-VandyckAs far as market indicators are concerned, they usually don't come with a long and colourful history like the Dow Theory which finds its origin in the editorials written by Charles H.

Abu Dhabi's flagship carrier, Etihad Airways, in support of its expansion plans, announced on Tuesday it has acquired a 4 per cent controlling stake in Virgin Australia Holdings.

The gaming world remains in suspended mode this year and the next few years to come, hardware-wise, as Sony confirmed on Monday that no upgrade of the PlayStation 3 game console will be unleashed in the remaining months of 2012.

ANZ Bank has outsourced its IT testing and environment services to Capgemini, a French information technology firm

The Australian share market has rebounded from yesterday's two percent drop and is posting solid gains ahead of this afternoon's interest rate decision. At lunchtime in the East, the All Ordinaries Index (XAO) is firmer by 49.4pts or 1.2pct to 4082.8, after hitting a high of 4095 points.

It's one of these days where royalty appears to be almost human as possible. It has been reported that Queen Elizabeth has granted a "royal warranty" to AV/TV manufacturer, Samsung Electromics for its TV and AV services to the royal family. This also means that Queen Elizabeth is watching TV in her private time (gasp!).

By Andrew NelsonThe best you can say for the global uranium market in May is; at least it was steady. Other commentators used words like flat, listless, sluggish and languishing, with the slight dip in the spot price over the last week of the month doing little to help matters.

FNArena has added another video to its Investors Education section on the website.In this video, ATW's Jerry Simmons once again looks at the EUR/USD, noting the euro has now gone down for 5 straight weeks, hitting a major low from 2008 today (6 June 2012 US time).

FNArena Editor Rudi Filapek-Vandyck re-appeared on Switzer TV, on Sky Business, last Thursday to again explain why he has stuck with his view that resources stocks are not the best ones to own in the post-2007 era, as an investor.

By Rudi Filapek-VandyckHaven't you heard? There's a new sport that's becoming very popular this month, it's called "looking for The Bottom" and it's catching on quite rapidly across all continents (except maybe, Antarctica).

By Rudi Filapek-Vandyck, Editor FNArenaIt had been a long time since the board at the Reserve Bank of Australia met for an interest rate decision with market projections on the outcome spread over three different options: no change, a cut by 25bp and a larger cut by 50bp.

The Reserve Bank of Australia has at its June meeting today lowered the official cash rate by 25bp to 3.

China Airlines Ltd. and EVA Airways Corp., top two air passenger carriers of Taiwan, expect second quarter profits to recover on the prevailing inexpensive prices of aircraft turbine fuel.

Subway is inarguably one of the largest restaurant chains in the world. The company has some 36860 restaurants globally and traces its history back to the 1960s.

A new study has claimed women are better than men at sacrificing spending habits to meet their savings goals.

At a meeting on Friday 1 June 2012, the Australian and New Zealand ministers responsible for food regulation noted progress was being made on their development of a front-of-pack labelling system. The move comes despite the Ministers' earlier rejection of traffic lights as a proposed front-of-pack system.

A further RBA rate cut is widely tipped for tomorrow, on the heels of disappointing retail figures, falling house prices and continued woes in Europe.

Google has rolled out a new feature on its search site, which the Internet giant said will provide technical guidelines for error returns normally encountered by searches originating from China.

Australian parents are protesting the rising cost of child care in the country. Reports said that the cost of child care went up 11 per cent in the past 12 months.

Australia's borrowing costs could again be slashed on Tuesday as a new survey had indicated that companies were holding off on their hiring plans notwithstanding the vaunted mining boom relied on by the federal government as the country's economic backbone.

Unnerved by a slowing Chinese economic growth, Germany's Volkswagen AG over the weekend announced a massive shakeup of its top level honchos to realise ambitious growth plans in the second-largest economy.

It's been a terrible start to the trading week, following big slides on US and European equity markets on Friday night. A key European manufacturing gauge came in lower than expected, sending Germany's DAX Index down 3.4pct, while a weak jobs report out of the US saw the Dow Jones index slump almost 275 points. Only 69,000 jobs were created in the US in May, versus expectations of job gains of 150,000. Locally, the Australian share market continues to be sold off with the All Ordinaries In...

Fortescue Metals Group (FMG) remains positive on its business outlook despite the softening market price for iron ore, the premier raw material that has been fuelling China's incredible industrialisation pace.

Economists warned of a triple disaster that is looming over the global economy following release over the weekend of jobs data in the U.S. and weak factory output in China. They identified the disaster as chaos in Europe, recession in the United States and slowdown of the Chinese economy.

Euro Woes Hit Australian Investor Confidence - Sentiment Falls To New LowSentiment among Australian investors has fallen markedly over the past two months.