BUSINESS

ANZ has announced a $5.36bn full-year statutory profit, but said difficult business conditions will be here "for some time".

BMW Australia is introducing the new BMW X3 xDrive20i variant into the local line-up. It features the new 2.0-litre TwinPower turbocharged four-cylinder engine.

If you could design the next Hollywood movie star car to rival the Back to the Future DeLorean and Steve McQueen’s 1968 Mustang GT from Bullitt, what would it look like?

The ultra-efficient Volkswagen XL1 will become a production reality in 2013.

Qantas would immediately refund passengers for canceled flights and out-of-pocket expenses caused by Chief Executive Alan Joyce's unilateral decision to ground all crew and flights on Saturday until Monday noon. However, to get immediate refunds, ticket holders must contact Qantas's call centre.

By Greg PeelThe flooding rains which began in Australia late last year culminated early this year in tragedy in South East Queensland and astonishing footage of Brisbane being washed away.

First home buyers are heading back to the market in droves, new figures suggest.

Supermarket chain giant Woolworths will open 39 new stores in Australia and New Zealand in fiscal 2012 and create 10,000 new jobs, the company announced Tuesday.

Unfortunately for the US Fed, its two day meeting which wrapped up this morning won't have much influence on the outlook for the US economy.

As large as the profit numbers are, though, investors may not be satisfied; the result was a touch short of market forecasts.

Hackers may have exploited an unknown bug in Microsoft's Windows operating system to infect computers with the Duqu virus.

By Greg PeelThe Dow rose 178 points or 1.5% while the S&P gained 1.6% to 1237 and the Nasdaq added 1.3%.

APRA has warned lenders on loosening credit standards in the face of weak mortgage demand.

The historic launch of alternative trading operator Chi-X Australia has continued its positive turnout of trades now on its third day, according to company's chief operating officer Peter Fowler.

Rio Tinto will buy from Japanese firm Komatsu Limited 150 driverless trucks in the next four years under its Mine of the Future programme.

The Australian economy is developing at a quicker rate since 2008 as local consumers continued to spend more money both on basic necessities and luxury commodities while European nations continue to experience the effects of the debt crisis.

By Richard (Rick) MillsAs a general rule the most successful man in life is the man who has the best informationThe Silk Routes, collectively known as the "Silk Road", refer to a 7000 mile network of interlinking trade routes that were used for three millennia.

Like other western nations, Australia is engaged in a battle of the bulge as obesity rates soar.

Qantas hopes to appease angry customers and lure them back to its fold with lower domestic and international fares, double frequent flyer points and other special deals.

Firstfolio has predicted the RBA rate cut will be a "litmus test" for the government's unilateral ban on exit fees.

We had similar reports from the monthly surveys of manufacturing from some economies yesterday and overnight.

It’s a dilemma facing any HR team tasked with managing teams dispersed over broad geographic regions: how to keep those employees engaged and retain them in the long run.

Google's Street View will not be showing just streets and roads but the inside of selected business establishments as well.

For the last few years, the London property market has been one of the most talked about in the world. Before the crash it was talked about because of the rapid rate at which property prices were growing, especially prime properties, and the fact that first time buyers were being priced out of the market.

The ongoing legal battle between Samsung Electronics and Apple for a larger share of the Australian techie market escalated further on Tuesday after the South Korean firm sought a look into Apple's deals with major Australian telcos.

- Karoon quarterly suggests Browse and Santos projects may be delayed- Delays are timing issues so not a major problem for DJ Carmichael- Ratings on Karoon remain positive given upside potentialBy Chris ShawFor Karoon Gas Australia ((KAR)), the key elements of the group's quarterly production r...

- Transpacific refinancing removes a headwind- Company should benefit from improved management focus- Goldman Sachs upgrades to a Buy ratingBy Chris ShawTranspacific Industries ((TPI)) has undergone significant changes since 2009, with a new chairman and senior management team and new governance fun...

By Greg PeelThe Dow fell 297 points or 2.5% while the S&P lost 2.8% to 1218 and the Nasdaq dropped 2.9%.

Some storied rivalries never die. In the case of Steve Jobs and Bill Gates that rivalry lasted their entire professional lives and tied the two men together in a relationship that was at times fractious but still symbiotic. During an interview with ABC News, Bill Gates summed up his professional rivalry with Jobs as sometime co-workers who spurred each other on.