COMPANIES

ERM Power has received environmental approval from the Western Australia government for its proposed $500 million Three Springs power station and 60 kilometer gas pipeline in Western Australia.

Commonwealth Bank today unveiled its landmark new office premises at Darling Quarter in Sydney’s western CBD fringe.

It ain't over yet. Beleaguered Qantas Airlines faces more turbulence ahead as the Transport Workers Union (TWU) pushes for successive work stoppages this and next week.

With an aim to provide high-end technologies to everyone, Microsoft will give one million students marked down PCs, software and internet to poor families.

Mining giant BHP Billiton spent close to $19 million in financial year 2010-2011 for executive salaries, which Chairman John Buchanan described as investments geared to reap more company earnings in the future.

The Heart Foundation, which grants the use of the health seal in license agreements, said it has asked McDonalds to remove the popular Tick sign, not as a criticism, but as a move indicating a change in the foundation's focus. McDonald's pays about $300,000 a year for the right to display the Tick seal.

In a bid to get a larger cut of the shrinking Australian consumer market, online department store CatchoftheDay rolled out on Wednesday it third e-commerce portal named Grocery Run. By its foray into grocery, the online seller challenges traditional supermarkets.

The two giant technology giants, Google and Facebook, upped their ante this week as they battle for supremacy in the cyberworld.

If you can't stand the heat, get out of the kitchen. This idiomatic expression seems to be the labor policy of Amazon.com at its warehouse in Lehigh, Penn., if what workers there say is to be believed.

Google Inc. opened its Google+ social network to the world on Tuesday, removing the required invitation to join the search giant's rival to Facebook. Click google.com/+ to join in.

It seems like smartphones running on Google's Android platform are slowly, but surely winning the race, while crowd favorite Apple Inc.'s iPhone 5 is still sleeping in some overseas production plants. Android phones now have bigger screens, an improved interface, more powerful processors, and now, virtual wallets?

Leighton subsidiary Thiess has secured a major $100 million contract with Fortescue Metals Group (ASX: FMG) for Phase One development works on the Solomon Hub iron ore mine in Western Australia’s Pilbara region.

Lime Door Brands, the Australian company that manages Shane Warne's underwear brand has entered into voluntary liquidation.The company which is also behind the lingerie and dress line by burlesque star Dita Von Teese held a creditors' meeting yesterday but hasn't released a statement about the future of the company.

Aussie PlayStation gamers have escaped Sony's controversial 'agree or boot out' strategy that U.S. and Canadian gamers have to follow.The new clause will allow Sony to ban gamers from the PlayStation Network unless they agree to forfeit the right to pursue legal action should the PSN have future security breaches. Users will need to agree to the new clause after they log in or they won't be able to use their online accounts.

UK-based Rio Tinto announced it recently increased its copper mineral resources to 106 million tonnes at its wholly-owned Kennecott Utah Copper Bingham Canyon Mine.

After a series of recalls due to faulty parts on existing models and reduced production output following the devastating March 2011 earthquake and tsunami, hopes are high for Toyota Motor Corp. it will be able to swing back to profits from its U.S. sales beginning in October.

Apple’s new app helped find lost iPhone.

iPhone 5 release may be behind the schedule as the tear-shaped design cause manufacturing issues.

Windows 8 development tablets are selling like hotcakes on eBay, going for as much as $2,700 apiece, even though they were designed for testing purposes only. The tablets are not supposed to go on the market until 2012.

A $200 million wind farm project that will generate 109.5 megawatts of power will soon be erected in Illinois.

Federal Court Justice Peter Jacobson ruled on Tuesday in favor of Metcash's and Pick n Pay's planned purchase of supermarket chain Franklins for $250 million because the transaction would not violate the country's anti-trust laws.

If anyone is most excited for the much-awaited launch of Apple’s iPhone 5, it should be none other than Samsung Electronics, which reportedly plans to block the sale of the smartphone on its own turf, South Korea.

The value of gold as an investment was further confirmed as mining executives in two separate gold fora forecast the precious metal's rise in price amid a weak global economy.

Moody's Investors Service classified on Monday the corporate debts of Australian companies as attractive risk. With the classification, the Aussie firms will not find it difficult to refinance their $23 billion debt over the next two years, Herald Sun reports.

The four-hour strike at Qantas which was supposed to start at 7 a.m. in many airports began 3:30 a.m. The early start was caused by the air carrier's alleged lockout of the 3,800 striking baggage handlers, ground staff and caterers.

GVK Group of India is set to close the funding requirements for its US $1.2 billion acquisition of Hancock Coal in Australia in the next few weeks.

Esprit has turned to the Chinese market to help increase its profitability and has embarked on a four-year investment program that will cost HK $18 billion.

Chinese automaker BYD Co. plans to sell as much as $939 million (6 billion yuan) worth of bonds as the company continues to seek ways to raise funds to keep operations alive and going.

China Southern stepped up an airline challenge to its closest rivals as it gears to introduce the Airbus A380 Aircraft superjumbos next month to service the Europe and North America routes.