BUSINESS

Leading oil refiner Caltex Australia Ltd.'s marketing outlook remains positive in the second half after marketing delivered strong results in the first half with total fuel volumes up 4.3 percent year-on-year.

Apple Inc. co-founder Steve Jobs resigned Wednesday as chief executive officer. He was succeeded by chief operating officer and right-hand man Tim Cook but will continue to serve as chairman of the board.

After unveiling the iPad 2 tablet, the Mac OS X Lion operating system, the iCloud, the MacBook Air laptops, Apple Inc. made its biggest announcement this year on Wednesday, and its not the highly anticipated iPhone 5: Steve Jobs is resigning as chief executive of Apple.

- Talk is that the Fed will announce QE3 at Jackson Hole 2011- The Fed did not announce QE2 at Jackson Hole 2010- No formal policy announcement is expected on FridayBy Greg PeelIt was at this time last year at the Fed's Jackson Hole retreat, we have oft been reminded recently, that Ben Bernanke...

Steve Jobs has resigned as Apple Inc. Chief Executive on Wednesday citing that he can no longer meet his duties and expectations to the company.

Rumor has it that Apple is bound to invest one billion U.S. dollars on a Sharp factory, according to a Reuters report.

Samsung accuses Apple of copying its tablet design from the 1968 film “2001: A Space Odyssey.” The Korean company states that Director Stanley Kubrick designed the iPad2, not Apple.

US durable goods orders rose by 4.0pct in July, well ahead of forecasts for 2.0pct gain. Excluding transport, orders were up for the third straight month, rising by 0.7pct. And US home prices rose by 0.9pct in June after a 0.4pct lift in May according to the Federal Housing Finance Agency.

A move away from riskier assets yesterday meant that the Australian Dollar was unlikely to keep recent highs above 1.0500.

U.S. stocks notched a third straight day of gains Wednesday as an upbeat durable goods report set a positive tone while investors await Federal Reserve Chairman Ben Bernanke's highly anticipated speech later this week.

FNArena has added another video to its Investors Education section on the website. In this broadcast, ATW's Jerry Simmons explains how AUD/USD and copper often function as leading indicators for equity markets.

By Greg PeelThe Dow closed up 143 points or 1.3% while the S&P gained 1.3% to 1177 and the Nasdaq added 0.

- Whitehaven result beat guidance- RBS identifies a number of positives in the result- Production growth and M&A potential sources of upside- Upgrades follow profit resultBy Chris ShawHaving guided to full year earnings of $70 million, coal producer Whitehaven Coal ((WHC)) exceeded this with an unde...

Qantas has attempted to quash market rumours it is about to become the target of a $3.5 billion private-equity bid, describing the reports as "pure speculation".

BHP Billiton’s annoucement of the biggest profit in Australian corporate history demonstrates the urgent need for a resource rent tax, the Construction, Forestry, Mining and Energy Union (CFMEU) said today. The world's largest miner produced a net profit of $22.5 billion for the 12 months to June 30.

It is time for Qantas to come clean on how many jobs in the Qantas group will be offshored, a union said today after the Flying Kangaroo has announced a profit for the 18th consecutive year since its merger with Australian Airlines.

Just days after the iPad knocked out one of its competitors in the tablet market another arises to take its place. Lenovo has announced that its ThinkPad is now available online for pre-orders.

In a bizarre patent defense, Samsung points to filmmaker Stanley Kubrick as the original designer of the iPad and not Apple.

Leighton Holdings announced Wednesday the sudden resignation of board chairman David Mortimer, effective immediately.

The Chamber of Commerce and Industry is recommending a reduction in business taxes to boost manufacturing.

Australia's bluefin tuna industry chiefs are eager to see a higher catch quota permitted for southern blue fin tuna for the 2012 and 2013 fishing seasons.

Origin Energy said its 2011 profit dropped 70% after one-off items, but grew 15% on an underlying basis.

New research has revealed your phone can actually make you sexier. A survey by social dating community Zoosk.com shows 46 per cent of males and 63 per cent of females rate the Apple iPhone the sexiest model.

Shareholders in travel group Flight Centre have shared in the boom in Australian's flying overseas in increasing numbers to take advantage of the higher Australian dollar.

The company's full-year results, released today, show a 7.4% increase in net profits to $15.9m. Likewise, the group has grown its loan book to $42.4bn, up from $40bn in 2010.

In new research released today, it was revealed that 44% of new recruits are falling short of employer expectations.

Suncorp has seen its profits hit hard by the impact of natural disasters, but has claimed bad debts as a result of the disasters have not caused significant losses.

Banks could have further to move on fixed rates before the current wave of cuts is over, it has been claimed.

Despite its falling stock price, national carrier Qantas Airways posted Wednesday a full-year net income of $250 million, and executives said it is a natural target for acquisition.