Research in Motion's game plan for the rest of the year was leaked online. The roadmap for the next 15 months reveals that RIM will launch new products later in the year culminating the first BlackBerry device running the new operating system in the latter half of 2012.
Apple Inc. posted record numbers for the last quarter of 2011 with sales of $46.3 billion a tech industry record.
The Australian Competition and Consumer Commission (ACCC) said on Tuesday that it will seek an injunction from the Federal Court to stop Air Asia from publishing misleading advertisements.
Giant global miner Rio Tinto Group bought additional shares of Ivanhoe Mines Ltd for $283.71 million, giving it 51 percent stake on the mining firm that only a month before had maneuvered to thwart Rio's takeover initiatives.
Research in Motion Ltd. named a new CEO Friday replacing Jim Balsillie and Mike Lazaridis at the helm of the troubled Blackberry Maker. As Thorsten Heins steps up to take the reins at RIM, the question is can he still do anything to revitalize the stumbling Research in Motion?
Nokia's gambit may be paying off as reports came out this week that its Lumia product lines breached the one million mark by the end of December last year, boosting the company's efforts to recover its lost ground soon.
Toyota has reportedly developed a way to produce its hybrid and electric vehicles without using scarce and expensive rare earth metals.
The Australian Stock Market has recorded early morning gains as of 10: 16 AM, the benchmark The benchmark S&P/ASX200 index is up 22.6 points, or 0.5 per cent, at 4309, while the broader All Ordinaries index is up 23.5 points, or 0.6 per cent, at 4247.7. Analysts are optimistic of the day's trading, sharing new leads and market insights.
Volvo is looking to partner with another car maker and share platforms in a bid to offer greater international competition in smaller vehicle segments.
Google's new search feature called Google Search Plus has garnered a lot of attention since it launched last week with critics like Twitter slamming the search giant for favoritism towards Google's social network. The new search feature is now being investigated by the U.S. Federal Trade Commission, according to a source inside the U.S. regulatory body.
Taking pictures would never be the same again as Eastman Kodak Company; the firm that invented the hand-held camera recently filed for bankruptcy protection and also announced that the company has plans to cut-down significantly.
Despite the problems with Indonesian beef importation, the meat industry of Australia is expected to enjoy a good year. For 2012, Meat and Livestock Australia (MLA) forecasts that beef and veal production would reach 2.197 million tonnes (carcass weight).
Auckland International Airport has marked record international travel for the week ended January 8, with over 170,000 international arrivals or departures, beating the travel records during the final stages of the Rugby World Cup 2011.
Toyota Australia has been compelled to let go of its 350 workers at its Altuna manufacturing plant in Melbourne over rising dollar, according to the company president.
Research in Motion, maker of the struggling BlackBerry smartphones, announced on Sunday the resignation of the company's two CEOs following series of disappointments that saw the once leading firm lagging behind from competitors.
Fair Work Australia (FWA) endorsed on Tuesday the proposed workplace determination between Qantas and the Australian Licenced Aircraft Engineers Association (ALAEA). The two parties presented the proposal to FWA in late December,
The Environmental Protection Agency (EPA) of West Australia has granted mining giant BHP Billiton (ASX: BHP) conditional approval of its $40-billion Port Hedland expansion project.
Toyota Australia has axed 350 employees at its Altona plant in Melbourne, blaming the decision on current market conditions that include a high Australian dollar.
From Morrison Securities Pty. Ltd.:
U.S. stocks edged lower, jeopardizing the Dow's four-session climb, as investors mulled the sustainability of this year's rally and watched Europe for developments connected to the region's ongoing debt issues.The Dow Jones Industrial Average fell 18.21 points, or 0.1%, to 12702 in afternoon trading.
PayPal and Office Depot are reportedly testing the former's new payment method, called by experts as 'wallet in the cloud', that allows consumers with PayPal account to actually make in-store purchases, reports said.
The European Aviation Safety Agency (EASA) has issued advisories to a number of airlines around the world to immediately implement check ups on their Airbus A380 fleets after the reported detection of cracks on the wings of some of the passenger plane.
American household name Kraft Foods said it would cut off 1600 jobs in the U.S. and Canada this year before it moves forward to splitting its giant business into two separate entities, the company announced in a statement.
Samsung has denied rumors about a potential buyout of Blackberry maker, Research in Motion after a technology blog reported the South Korean firm was interested in buying RIM.
Australian shares ended Friday on a strong note for their third successive week higher. Easing concerns about Europe's debt and more upbeat earnings from Wall Street boosted local optimism. At the close on Friday, the benchmark S&P/ASX200 index was up 24.8 points, or 0.6 per cent, at 4,239.6, while the broader All Ordinaries index was up 24.4 points, or 0.6 per cent, at 4,303.
New Zealand's State-owned Meridian Energy has shelved its plan to build a $2 billion wind farm in central Otago following a bad review.With up to 176 wind turbines, the $2- billion project on the Lammermoor Range would have been the biggest power project in the South Island since the 1980s, and it would have generated enough electricity for Christchurch and Dunedin combined and eventually the whole of the island, said reports.
Rolls Royce said on Thursday that it has implemented measures to correct the manufacturing errors seen on its engine components that nearly caused a Qantas Airways flight to explode while in mid-air in November 2010.
British actor Jude Law is among the individuals who received just compensation from the media empire of Rupert Murdoch's News Group as part of the settlement in the case involving email and phone hacking instigated by the editors and reporters of the now-defunct News of the World, lawyers and reports have confirmed.
Apple exporters are optimistic, but at the same time realistic on shipping to an Australia market open after 90 years, as reported by the New Zealand Herald.
Retailers' sentiments were confirmed by the latest sales indicator released on Friday by the Commonwealth Bank of Australia (CBA), which showed that the sector struggled to achieve sales targets last year. Nevertheless, although the numbers are disappointing, they revealed that with some creativity and technological savvy, more sales can be achieved.
In Fonterra’s latest online auction, where the average price increased and the winning price also hiked at US$3701 a tonne, the results bolstered the optimism of NZ economists.
