BUSINESS

"I have always said that if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come."This was Steve Jobs' announcement when he resigned as chief executive of Apple. An announcement that eerily echoed a foreboding of the future.

The death of Steve Jobs, the creative genius who created a whole new world of technology, shocked the whole world. Though there were some rumors spreading about his health condition in the past year, people are not expecting that the man who helped in building greatness to every Apple product will lose his fight against pancreatic cancer.

Australian banks have been shaving off their headline mortgage rates and some are even tossing cash bonuses in spirited efforts to lure more banking customers to sign up but analysts are doubtful that the trend will be sustained in light of the global economic uncertainties.

Steve Jobs's net worth is $8.3 billion. Who will inherit the product of his hard work?

Jobs was the knight in shining armour when he led Apple from the brink of extinction to a top shelf level among the world's most coveted and priceless companies before his death yesterday on 5 October 2011.

"No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new."

The death of Apple founder Steve Jobs on Wednesday may have shaken the world, particularly the technology world. However, it is not expected to heal the worsening rift between the company that Jobs grew into a $75-billion empire and rising competitor Samsung Electronics of South Korea.

The co-founder and former CEO of Apple Inc, Steve Jobs, succumb to a publicly fought battle with Pancreatic cancer on Wednesday, October 5, 2011. He was 56.

Apple founder and former CEO of same Steve Jobs has lost his battle with pancreatic cancer, the company announced.

Coca-Cola Amatil (CCA) may have agreed to sell off its current beer stakes to English brewer SABMiller but the beverage specialist has indicated that it will return to the market as soon as time permits.

After celebrating the success of Apple's launch of the iPhone 4S on Tuesday, the most valuable firm in the world is mourning two days later over the death of the company's founder and former chairman.

Shares of coal miner New Hope soared yesterday after the company said it had received several takeover proposals and revealed it will launch a formal process to assess the offers.

Here is a compilation of quotes from the man who has inspired many to "stay hungry" and "stay foolish."

- Russell Investments releases September quarter fund manager survey- Survey shows fund mangers continue to prefer defensive assets- Australian equities seen as undervalued- Interest cuts seen as most likely catalyst for domestic non-mining growthBy Chris ShawIn the September quarter investors have ...

Apple Inc. co-founder and technology wizard Steve Jobs is dead. The 56-year-old genius behind the iMac, iPod, iPhone, iPad and iTunes succumbed to pancreatic cancer on Wednesday, according to his company.

More evidence the Australian economy is better placed than all the business and consumer sentiment surveys have been suggesting.

Forecasts from observers worldwide say that Greece may possibly fail to overcome a deficit target that was agreed upon months ago in a huge rescue package indicating that desperate measures to preclude bankruptcy is not sufficient.

Samsung Electronics announced it will file pleadings in courts in Paris, France and Milano, Italy, accusing Apple of two patent infringements related to wireless telecommunications technology, specifically Wideband Code Division Multiple Access (WCDMA) standards for 3G mobile handsets.

The furor created by the alleged death threats received by Qantas Chief Executive Alan Joyce may possibly be shelved aside as the air carrier faces the bigger issue of another round of baggage handler and ground crew strike on Friday.

Apple Co-Founder and Chairman Steven P. Jobs died Wednesday.

Brokers can do a better job of detecting mortgage fraud by getting to know customers more closely.

The Master Builders Association of Victoria will take the world-first “ALink‟ program to Victoria University, Newport next Thursday in a bid to tackle apprenticeship drop-out rates.

Retailers welcomed the second rise in retail figures in two months but many are still worried about Christmas sales.

Shares of coal miner New Hope Corp. spiked on Monday by as much as 14.6 percent after it announced it had received "a number of preliminary and incomplete proposals from third parties" interested on a prospective takeover of the company.

The Institute of Public Affairs (IPA) today called on Fair Work Australia to suspend the protected Qantas industrial action for a period of four months.

The FBAA has announced the line-up for its inaugural conference, with president Peter White promising the event will contain a wealth of practical information, and be more than "a piss up".

Firing another salvo in the home loans banking war, Westpac today announced it is offering $1,000 credit into a Westpac Choice account on new Premier Advantage Package (PAP) home loans over $250,000 until the end of October.

Despite the ongoing unrest in Libya, Heritage Oil Plc, an independent upstream exploration and production company acquired a majority stake in a oil company that will allow it to tap Libyan oil .

By Greg PeelThe Dow rose 131 points or 1.2% while the S&P gained 1.8% to 1144 and the Nasdaq added 2.3%.