BUSINESS

Qantas Sets First Cooking Oil-Powered Flights

Qantas will start using biofuel to power its planes next year, the airline's CEO Alan Joyce announced during the Australian Airports Association convention in Brisbane on Monday.

Online Search Revenue Forecast to Grow 23%

Mobile computing continues to fuel growth in the online search advertising, which according to a latest industry report, has generated some $1.4 billion in total revenues during the 2010-2011 financial year.
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Commonwealth Bank Foresees Subdued Credit Growth Ahead

Despite estimated cash earnings of $1.75 billion for the first three months of its financial year, the Commonwealth Bank of Australia (CBA) is not very optimistic on its outlook for the months ahead due to the challenging operating conditions.

Boeing Secures Huge Dreamliner Orders from Gulf Airliners

Highly-touted for its promise of maximum comfort and fuel economy, Boeing’s new 787 Dreamliner lured fresh orders from the Middle East region as Oman Air announced on Monday its decision to purchase six aircrafts from the U.S.-based firm.

Expectations Remain For Higher Oil Prices

- Oil and US equities now strongly correlated- Iran an emerging oil market issue- Suggests higher prices given tight fundamentals- US production growth may become more consistentBy Chris ShawAccording to US Energy Information Administration (EIA) figures, crude oil and the S&P500 Index have had a cl...

Bullish Reversal For EUR/USD

FNArena has added another video to its Investors Education section on the website. In this video, ATW's Jerry Simmons explains as to why the outlook has turned bullish for EUR/USD.

Uranium Awakes

By Greg PeelTwo weeks ago the spot uranium market remained fairly quiet but expressions of interest for supply began to be sought by buyers.

Nvidia’s Quad-Core Processor Overkill in Mobile Phones?

Nvidia has said that the chip will be replacing previous chips in tablet devices and now there are also reports that the new chip will be coming to mobile phones as well. HTC is said to be making the first smartphone with a quad-core processor in its upcoming HTC Edge. The new Tegra 3 processor will be better than the Tegra 2 processor that most smartphones use today but should this mean that device manufacturers and developers should jump to the quad-core bandwagon?

Do iPad, Media Tablets Need to Be Quad-Core?

Asus released Wednesday their newest addition to their tablet line running on quad-core processor. But questions came up as to the need for tablets to run quad-core, when leading tablets such as Apple iPad and Samsung Galaxy Tab is currently running on dual-core processors.

Asus Zenbook: Real Alternative to the Mac Air?

The relatively new class of laptops called the ultrabooks isn't as crowded as the laptop or tablet markets but it's still another field that Apple has taken the lead in. Apple's MacBook Air is considered as the leading lightweight, ultraportable laptop but that doesn't mean that it's going to stay that way forever. New competitors from Toshiba, Lenovo and now Asus are taking a crack at the title for best ultraportable laptop.

Battery Issues Continue Despite iOS 5.0.1

Apple device owners reported that the Apple iOS 5.0.1 update did not resolve the battery issues as promised during its release Thursday. Apple admits in a report that the update failure is on some apple devices only.

1st Gen iPod Nano Replacements Won't be the New Nanos

Don't keep your hopes high for the replacements of your 1st generation iPod Nano, because it will be replaced with the same unit, just the good ones though, and not the new Nano as some of the consumers wished to receive.

Renewable Energy Getting Cheaper

Although the Australian government is apparently battling an uphill fight over carbon tax, renewable energy and similar issues as the debate gets lively, trends support the Labor government position that the country should shift toward renewables and away from coal.

Commercial Simpler Than You Think: Sintex

Most brokers can't believe how simple vanilla commercial lending can be, and may easily be able add this new income stream to their home loan business, it has been claimed.

Report Flags Gloomy Outlook for Super Investments

Super fund investments have been battered by inflation movements over the past half-decade, according to the latest assessment report issued over the weekend by superannuation analytic group Superratings.

Toyota Recalls More Than 21,000 Camry V6 in Australia

Toyota Motor Corporation announced over the weekend that it is recalling about 550,000 cars from the market due to steering issues. In Australia, affected by the manufacturer recall are 21,792 Camry V6 vehicles made in Toyota's plant in Altona, Australia.

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