BUSINESS

Recent reports are stating that the next-generation iMac will have the popular Retina Display feature that recent Apple devices have. The target date for the iMac with Retina display is set to be around October, 2012.

Giant telco Telstra Corporation introduced this week its fresh service offering called 'Everyday Connect', which the company said will provide flexibility to subscribers' shifting communication habits.

Toothpaste manufacturers were berated by consumer watchdog Choice for claiming extra whitening properties of their branded products even if it contains the same ingredient as that of cheaper labels.

"France is rotten," said a friend yesterday. "I don't know why you came back. Half the people are broke. The other half are crazy...

While the children of Gina Rinehart, Australia's richest woman, are battling it out with the family matriarch for control of the clan's billions of dollars, her half-sister is not interested in claiming a part in the Hancock fortune.

"QE3 Probability" Could Boost Gold, No Need for Gold Standard "Until Money Collapses Completely"By Ben TraynorSPOT MARKET gold prices traded close to $1610 an ounce for most of Tuesday morning in London, after breaking through the $1600 mark during the earlier Asian session.

Numerous reports reveal that Apple is slated to reveal their latest iPhone, iPhone 5 and iPad Mini this coming October in order to directly compete with Google's newest tablet, the Galaxy Nexus 7.

Apple has succeeded in banning Samsung Galaxy Tab 10.1 and Samsung Galaxy Nexus in the US market due to supposed patent violation done by Samsung. This ruling could affect Samsung's over-all standing in the smartphone market and could also potentially affect the release of Samsung Galaxy S3 in the US.

By Greg PeelThe Dow rose 72 points or 0.6% while the S&P gained 0.6% to 1374 and the Nasdaq added 0.8%.

By Chris Tedder, Research Analyst FOREX.comIt was an interesting session during Asian trade with some very jumpy price action in the FX market due to low levels of liquidity, with many investors choosing to remain on the sidelines ahead of the US holiday.

Google first revealed Android 4.1 or Android Jelly Bean at last week's Google I/O conference in San Francisco. This Android update will bring about new and additional features for Android-based devices.

Was the disclosure of an unconfirmed takeover offer necessary at all? David Jones believes so as it informed the Australian Securities Exchange (ASX) Monday night that transparency was its utmost concern when it broke the news of an impending buyout that failed to materialise.

Samsung's Galaxy Tab 10.1 will continue to miss out the American market, at least for the moment, as a U.S. court affirmed its earlier decision to ban the sale of the tablet pending the conclusion of the patent infringements case brought up by Apple against its South Korean nemesis.

Apple scored significant legal wins last week but the start of the fresh week saw the firm lagging behind its fierce competitors, Google and Samsung, in terms of market dominance in the lucrative U.S. market.

By Greg PeelYesterday gaming machine company Aristocrat Leisure ((ALL)) provided the market with first half profit guidance (ALL accounts on a calendar year) without providing an operational update.

Yields data confirmed that Qantas continues to lose heavily even in the once-profitable domestic operations. According to reports, Qantas suffered a 0.8 per cent decline in its international operations in monthly yields and an even larger 1.3 per cent for its domestic operations.

By Andrew NelsonA slow week last week ended what was a slow month for uranium trading. Spot prices barely budged on the 15 transactions reported in June by industry consultant TradeTech, with sellers unwilling to drop their prices and buyers not willing to pay more.

Due to so much negativity surrounding Fairfax Media, a major shareholder said on Tuesday that the ailing company would likely not meet the challenge made by Gina Rinehart, the firm's largest shareholder. Ms Rinehart, who holds a 19 per cent stake, dared the company chairman, Roger Corbett, to boost the share prices to 87 cents ahead of Fairfax's yearly meeting in November.

NAB has said it will continue to drive volumes through third party brokers as it grows above system levels and seeks a greater share of the mortgage market.

By Greg PeelThe Dow closed down 8 points or 0.1% while the S&P added 0.3% to 1365 and the Nasdaq jumped another 0.

By Greg Peel"Oops."It is assumed by economists that this is what we would have heard from the RBA board members after the release of the Australian March quarter GDP result, having just added another 25 basis points of cut last month to the previous 50.

Research in Motion, the manufacturer of Blackberry recently announced a delay for highly-anticipated Blackberry model, Blackberry 10. This delay is just one of the problems that the company is facing as of the moment.

Recent reports are stating that Samsung Galaxy S3 will soon be receiving the latest Android update (Android 4.1 Jelly Bean).

Google Chrome, the popular web browser from Google is now available for Apple devices such as iPhone and iPad devices. Apple users can now download Google Chrome for free through the App store.

Research in Motion (RIM), the company behing Blackberry has announced that the company would be cutting down 5,000 jobs. The announcement was made after the company has revealed a sales decline from their last quarter report.

The federal government extended a $40-million rescue package to Alcoa, which allowed the firm's Point Henry plant to remain open for at least two more years until July 2014.

Siri was first introduced by Apple through its iPhone 4S which was become a hit to smartphone users all over the world. Google introduced a similar voice-like search feature in Google called Google voice search. This feature would supposedly Google's own "Siri-like" version plus more. This leads to the important question of: Is Google voice search much better than Apple's Siri?

Defying the moderate outlook for commodities in the current year, BHP Billiton confirmed last week that it has forged a $3-million deal with Copper Range Ltd for the transfer of the latter's existing and pending explorations in South Australia's Olympic Dam.

The problem with most airlines is that they are quick on the draw to implement extra charges once airline fuel goes up, but are slow to revert when the same goes down, thus said Flight Centre, Australia's largest travel agent, as it lambasted Australian air carriers Qantas Airways Limited and Virgin Australia Airlines Pty Ltd for their poor inaction to automatically lower their surcharges.