BUSINESS

Recently voted as Australia's favourite airline, Qantas is set to squash off 2,200 jobs by June as part of a restructure plan as it announced it will deploy the double-decker Airbus A380 to service the Sydney-Dallas/Fort Worth route.

Janet Yellen has certainly jump started the markets, with the DOW and S&P adding 0.7% and 0.5% overnight respectively.

In US economic data, consumer credit rose by $17.5 billion in March to $3.14 trillion - this was the largest increase since February 2013. Revolving credit -which measures credit card usage - rebounded by $1.1 billion in March.

China's Alibaba Group Holding filed on Wednesday papers for the e-commerce giant to go public in the U.S.

The Australian share market was sold off today following falls on US and European markets on fears some stock market valuations are too high.

Google Maps for mobile is one of the widely used apps ever both by Android and iOS users.

Readers who are planning to buy one of the MacBook Air models should check out the terrific deals that Best Buy has to offer. Apple launched its new set of MacBook Air models that are both powerful and attractively priced. In addition, the prices of older MacBook models have been slashed.

The Government of Saudi Arabia has further intensified its monitoring efforts against cases of the dreaded Middle East respiratory syndrome coronavirus (MERS-CoV).

Sydney man, Michael William Hull, was charged with insider trading – ASIC

Bill Gates publicly expressed support if CEO Satya Nadella will decide to spin-off the Xbox division from Microsoft

Financial forecasters are rooting for Bill Gates to be the World’s First Trillionaire

The Australian sharemarket is recording its most substantial losses in close to a month, with a weak lead from the U.S. last night and worse than expected local data not helping. The All Ordinaries Index (XAO) is down 1 per cent and is flirting with the key 5400pt mark.

Critics say that Apple Inc.’s stock split is a result of nothing better to do, hence, it will no longer be the top-tech company by 2020

Popular online retailing company Amazon has joined hands with Twitter to allow users to handle their shopping cart directly from the micro-blogging Web site.

The breakdown of high price momentum trading is an interesting thematic that has been developing over the last six to eight weeks.

Unlike Australian Tax Office employees whose too sexy or casual attire good only for the beach has been noticed by no less than their boss, in air carrier Cathay Pacific, it is the other way around.

Australia is still a good place to live despite the expected $30-billion budget deficit that could destabilise the Abbott government as citizens express anger due to the administration's failure to live up to its election promise not to raise taxes.

Apple Inc investors had finally seen the company's shares reach the $600 mark once again. The last time Apple shares crossed the $600 mark was back in November 2012.

Microsoft could be unveiling a compact version of their Surface tablet on an event scheduled for May 20th in New York. The company has not shared any details about the event as such but the event-invite says it is a small gathering for a 'Surface event'.

Users of iPhones and iPads running on Apple's iOS 7 version or higher should be cautious before sending 'sensitive attachments' with the help of their devices. The users with the latest iOS 7.1.1 software version on their devices should also be worried about this issue.

Tuesday's session saw a tussle between buyers and sellers, albeit it was an exchange that took place with the index occupying positive territory over the session. Volumes were conspicuously low with only $3.3bln in shares having changed hands. As the session drew to a close the ASX 200 found some comfort in the RBA statement that accompanied its decision to leave rates on hold, although the substance of the text varied little in the last month. The Reserve Bank left the official cash rate on ...

A former Google employee alleged that Google controls AdSense to decrease Google pay out

Apple Inc. (NASDAQ:AAPL) is showing impressive movement in stock market

The Australian sharemarket is improving for the third consecutive day, with the All Ordinaries Index (XAO) up 0.3 per cent. The market is treading water ahead of the Reserve Bank's monetary policy meeting this afternoon. Economists are widely expecting the RBA to keep interest rates on hold this month.

Unresolved military conflicts in Pakistan which unfortunately disrupted polio vaccination campaigns have pushed the virus to spread, forcing the World Health Organisation (WHO) to declare polio a global health emergency.

With Japan still closed for public holidays by observing Greenery Day, Australia's May data day will be the biggest market macro news on the boards.

In US economic data, the ISM services index rose from 53.1 to an 8-month high of 55.2 in April, and above forecasts for a result near 54.1. The employment trends report rose from 117.5 to 118.0 in April.

Middle Eastern air carrier Etihad launched on Monday a new service in Abu Dhabi, The Residence, which offers a 11.6-square metre 3-room upper deck cabin on its Etihad A380 jet. It has a living room, separate double bedroom, ensuite shower room and even an academy-trained personal butler, travel concierge and chef.

The Australian Customs and Border Protection Service (ACBPS) intercepted an illegal shipment of weapons from China into the country. The contraband includes 5,400 knuckled dusters and 790 tasers that looked like iPhones and torchers.