BUSINESS

Corporate earnings optimism is certainly driving US market as we expected - Apple released its results and the initial reaction to its thumping results added 1.1% in after-hours trade. It was up 2.1% in the cash market.

The stock market crash in 1987 was one of the largest in U.S. history. The lessons learnt from that crash are also relevant today.

Reserve Bank of Australia (RBA) Assistant Governor for Economic Forecasts Christopher Kent has supported a federal government initiative to further increase the retirement age in the country that would make the proposed retirement age the highest in the world.

Medibank Private, the largest health insurer in Australia, is targeting to raise $4.8 billion fresh capital with its initial public offering (IPO).

A study by Australian comparison Web site lifeinsurancefinder.com.au found that jobs in the trucking, postal and warehousing sectors were the most dangerous. The basis of the finding was 65 transport and storage workers were killed while on the job in the past 12 months.

European shares fell on Monday, trimming gains made in the previous session. German software maker SAP fell 5.8% after cutting its full-year profit outlook. The news hit the tech sector with the STOXX 600 Technology sector falling 2.4%. German sportswear firm Adidas rose 3.6% after the Wall Street Journal reported that an investor group was planning a bid to buy Adidas's Reebok unit. The FTSEurofirst 300 index lost 0.5%. The UK FTSE fell 0.7% and the German Dax lost 1.5%. And Australia's m...

Australian stocks maintained earlier gains to close higher for the fifth consecutive trading session. Gains in excess of 1 per cent for the miners, banks, industrials, consumer discretionary and property trusts pushed the market higher. The All Ordinaries Index (XAO) improved by 0.9 per cent or 47.2pts to 5307.3.

Members of the Catholic LGBT community told to not confuse gay unions with "God's design of matrimony and the family."

Australian shares are improving for the fifth consecutive day, with the All Ordinaries Index (XAO) up 1 per cent or 55pts to 5314.5. All major industries are improving at lunch however global markets remain volatile and could easily change directions on news and data.

In an unreleased draft report, New Zealand was found to be losing up to $9.4 billion a year because of economic crime.

Canada's conducting practice drills of its Ebola rapid response teams to see how well and organized the country's reaction would be in case it reports its first infection case.

Before you start moving to these countries, you might want to stop and think again.

The organisers of the Carnival Magic ship allegedly refrained to tell its passengers the truth why it had to suddenly terminate its tour cruise.

Useful apps for those who like things always streamlined and organized

European markets saw the largest intraday swings in over two years on Friday. The US experienced the largest weekly decline and recovery since 2011 last week.

Wall Street analysts continue to believe Apple stock will rise beyond $100 per share despite the lack of investor excitement over new iPads.

A growing number of restaurants in Australia are limiting the time that patrons could dine in their establishments to just 90 to 120 minutes. The restaurants would only accept the diners if they are to vacating their table after a specified time.

Global property portal Lamudi has listed 5 top tourists destinations in the Philippines which are also known as being close to nature spots which it recommends to people seeking properties in the country.

A Canadian man found dead mouse in McDonald's cup of coffee.

Global markets finished mixed overnight with investors shrugging off earnings results from Google, Goldman Sachs and Netflix together with better than expected economic news on jobless claims and industrial production. Investors paid more attention to comments by James Bullard (non-voting member of the FOMC). He said the Fed should consider delaying the end of its stimulus program with recent sharpmarket moves and falling inflation two main reasons.

France will build at least eight nuclear reactors in South Africa.

An outbreak of the Ebola virus in the U.S. in deemed unlikely unless it mutates.

The Fed can't stay out of the market at the moment. St Louis President Jamie Bullard has done a complete about-face by calling for the Fed to hold off on unwinding the asset purchase program at the end of the month.

In US economic data, the Philadelphia Fed business activity index fell from 22.5 to 20.7 in October. Across the sub-indices new orders and prices paid lifted while employment eased. The NAHB Housing market index fell from 59 to 54 in October - the first decline in five months and suggested moderation in the pace of new construction. US industrial production rose by 1% in September, well above forecasts. Strength in mining and utilities drove the result. US jobless claims fell 23,000 to 264,000 l...

The CDC may need to rework some of its guidelines after the dreaded west African Ebola virus has successfully infected its second American victim right inside the U.S. homeland.

It seems Catholic bishops arent softening their stand yet towards gays.

Never step into a foreign country without knowing these phrases.

Heidi Montag's ad was dumped after Facebook users complained.

Having started Wednesday on the front foot, trading higher from the opening bell Australian shares consolidated early gains by finishing off the best levels of the day. The ASX 200 finished the session ahead by 38 points or 0.73%. At the best levels of the day the index was ahead by 46 points. The lows of the Wednesday were seen in opening trade when the market was down by 1 point.