BUSINESS

The iPad will continue to dominate its rivals until 2014 according to a new report from the research firm Gartner.Apple's iPad will account for 73.4% of tablet sales worldwide and will hold that market dominance for years to come, said Gartner. Bad news for other tablet makers, the analysts also say that no other platform besides Android will have more than a 5% share of the tablet market during this time.

The euro made a comeback after five consecutive days of shortfalls against the U.S. dollar and Japanese yen and reduced its decline to just above 2 percent since Sept. 16 on Thursday.

George Soros said, "If the crisis is controlled, the German voting public will force austerity on the rest of Europe, pushing the entire region into recession and ultimately into a depression."

Unlike its American counterpart, the Australian economy has been characterised by fiscal policies that fostered resiliency and stability, which according to Standards and Poor’s, led to an overall healthy financial environment in the country, notwithstanding the presence of global pressures.

Deposits flowed out of China's four major state-owned banks as high inflation and low interest rates prompted savers to cash their money in the private lending market for better returns.

China is headed for a slowdown and may not be able to pull the world out of its economic rut, projections from the International Monetary Fund and a drop in HSBC's purchasing managers' index indicate.

It was a similar experience for the stock market in Toronto as the major stock index went down by more than 3 percent on Thursday, the lowest level since 2010.

It seems like Apple's legal troubles are far from being resolved. Apple is now being sued by Taiwan's Via Technologies Inc. for patent infringement.

Lumped together the pay checks collected by the top executives of BHP Billiton, Commonwealth Bank of Australia (CBA) and Coles for financial year 2010-2011 alone and you’ll get more than $43 million, which is more than enough for an average Australian to last a lifetime.

Fearing a global fall into recession, copper investors liquidated their assets Thursday, forcing copper futures to drop by more than 7 percent to their lowest levels in a year at $3.48 a pound.

The federal government stamped its environmental approval on the Chevron-led Wheatstone liquefied natural gas (LNG) project that experts said would lead to billion-dollars of investments but could disrupt the marine eco-system off the coast of Western Australia’s Pilbara region.

China and Tanzania are set to work on a $3-billion coal and iron ore construction partnership that will develop the Mchuchuma coal and Liganga iron ore projects in Southern Tanzania.

The Australian Competition and Consumer Commission (ACCC) lost in a court case the regulator filed against search engine giant Google. ACCC complained that Google violated Australia's trade practices law by its using advertisement placements as basis for ranking of search results.

Four years after Australia’ competition watchdog labelled its search results as confusing and misleading, giant internet firm Google won the nod of the court, which declared on Thursday that the company hardly violated any provisions in the country’s consumer law.

Political opponents of U.S. President Barack Obama have expressed serious doubts about the Federal Reserve's bold move to pump up the country's floundering economy with its latest plan to trade short-term for long-term bonds.

Hewlett-Packard has named Meg Whitman, former eBay Inc. CEO and California candidate for governor as its new CEO replacing former chief Lee Apotheker after just 11 months in the position.

Four days after baggage handlers, ground workers and other Qantas employees struck on Tuesday, it will be the turn of the air carrier's engineers to pursue a similar job industrial action in Melbourne on Friday.

Before the iPad, there were netbooks and ultra-mobile PCs. HTC was known back then for mobile phones and it came to a surprise when they launched the HTC Shift back in 2008. The HTC Shift came with a TFT resistive touchscreen and Windows Vista Business. It was a pretty sweet setup with its sliding keyboard. Now it comes back to life with the developer preview Windows 8.

Government leaders of Australia, Britain, Canada, Mexico and other Asian countries have called on all 17 members of the Eurozone to deal with the worsening problems of the Euro currency.

Economic slowdown could force Australian banks to downsize in the coming months, Swiss bank UBS warned on Thursday.

The investment traffic between Australia and its Asian neighbors is lopsided in favor of Aussies. Asian investments in Australia are 1.5 times that of Australian investment in Asia.

Environment Minister Tony Burke has approved the liquefied natural gas project proposed by Chevron in Western Australia’s Pilbara region following a rigorous assessment, he had approved Chevron’s proposed Wheatstone liquefied natural gas project under the Environment Protection and Biodiversity Conservation Act, "with strict conditions."

By Kathleen Brooks, Research Director UK EMEA, FOREX.comStocks in Europe have nose-dived today, with most of the major European indices down about 4%.

By Greg PeelThe Dow fell 391 points or 3.5% while the S&P lost 3.2% to 1129 and the Nasdaq dropped 3.3%.

Investors staged a global flight from risk Thursday that sent the Dow Jones Industrial Average to its worst two-day point drop since November 2008, after a gloomy outlook by the Federal Reserve renewed fears of an economic slowdown.

The 2011 summer of the Japan Swimming has just ended. This summer was busy as usual.

U.S. retail firms prefer to remain conservative about revenue projections for the forthcoming holiday season but see reasonable sales even as shoppers are quite wary about excessive spending due to the prolonged economic downturn.

Apple donated thousands of free iPads to Teach for America.

Social networking sites roll-out their new features to users.