BUSINESS

Analysts and individual investors may be caught in an instant frenzy whenever there's a decline posted in the prices of commodities, but the low rates are attractive enough leading to higher transport costs to stockpile on these commodity products.

Millions of BlackBerry users in three continents were left without Internet services on Monday night following a major breakdown in Research in Motion services.

The way in which adult apprentice wages are supposed to be calculated remains unclear, creating a potential liability for builders, Australian builders say.

McCain Foods would not be increasing its offer to production and maintenance workers from 11.2 percent over three years, the company reiterated on Tuesday.

Despite the solid rebound in market confidence last week (well, up to Friday night in the US), the European debt problems haven't gone away.

Apple co-founder and innovator, Steve Jobs, died of respiratory arrest caused by pancreatic cancer, according to the official death certificate.

MetaQuotes Software Corp. today launched its new mobile trading platform MetaTrader 5 Android, which allows users to trade on financial markets even when away from their desktop computers.

Motorola is entering its ET 1 in the tablet wars. Does it stand a chance against Apple’s iPad and Samsung’s Galaxy Tab?

The Australian sharemarket is gaining for the fifth straight day with the All Ordinaries index (XAO) up 0.6 pct or 24.1 pts to 4286.4. Despite the improvement, shares gave away some of their earlier gains as the XAO was up 1 pct after half an hour of trade.

- FOREX.com expects further deterioration in global growth outlook- Risk aversion levels will thus also remain elevated- US dollar, yen and Swiss franc may strengthen on risk aversion- Risk assets such as commodities unlikely to be favouredBy Chris ShawEntering the final quarter of 2011, FOREX.

Industry activity and profits are expected to fall, which may result in job losses, according to Master Builders Australia’s September quarter 2011 national survey.

As forecast the latest ANZ job ads survey for September shows demand for new employees continues to ease.

It may not be the most gorgeous and powerful car assembled by man but the French-built ‘De Dion-Bouton et Trepardoux Dos-a-Dos Steam Runabout’ fetched a whopping $4.6 million during an auction held Friday last week in Hershey, Pennsylvania.

Unlike other post offices which refuse to adapt to information technology, Australia Post is instead riding on the online shopping trend to boost its income.

Authorities and the family of a 64-year-old Mosman Park man who went missing while swimming at Cottesloe Beach on Monday feared he was attacked by a great white pointer based on the tear on his bathers found by police divers.

Even the high-flying corporate executives of Australia had been hit by the global fiscal crisis affecting most companies and firms to downsize their operational costs.

Apple Inc. is launching the iMessage on Wednesday that will allow users of devices running on the company's mobile operating system to chat SMS-style for free and without limit.

Although the Australian Licensed Aircraft Engineers Association (ALAEA) cancelled on Monday its planned four-hour strikes, Qantas's labor problems with unions are far from over.

By Greg PeelWhen we talk of talk of "the uranium spot price", we talk of the "U3O8 equivalent" price. However, not all traded and consumed "uranium" is in the form of U3O8, with UF6 being another molecular form.

Australian banks are on a cost-cutting mode in a bid to pare expenditures that soared during the credit and housing boom.

If reports are to be believed Amazon's new Kindle Fire is just flying off the shelves. Amazon is reportedly taking in 50,000 pre-orders of the tablet every day. Analysts estimate that Amazon is on track to sell 2.5 million Kindle Fire units by November. It seems that the Kindle Fire is living up to expectations as Apple's biggest competitor in the tablet market.

BHP Billiton’s multi-billion dollar Olympic Dam Expansion Project has gotten approval from the Minister for Mineral Resources Development Tom Koutsantonis, but still subject to certain conditions.

Sinopec of China acquires Daylight Energy of Canada for C$2.2 billion.

Some of Walmart stores in Chongqing were ordered shutdown due to alleged mislabeling of its pork products and some Walmart officials were detained pending the result of the investigations.

BlackBerry users in Europe, the Middle East, Africa and India could not email, send instant message and surf the web on Monday.

Emirates Airlines will sponsor London’s new cable car river crossing, to be known as the Emirates Air Line, in a ten year deal worth £36 million, according to London Mayor Boris Johnson.

Pre-orders for the iPhone 4S reached one million on Friday breaking the record first-day sale set by the iPhone 4 last year.

By Christopher Vecchio, Junior Currency AnalystTalks between French and German leaders have led to a wave of parliamentary action across the Euro-zone's members to expand the European Financial Stability Facility (EFSF).

By Greg PeelThe Dow rose 330 points or 3.0% while the S&P jumped 3.4% to 1194 and the Nasdaq soared 3.