COMPANIES

Google Wallet, Another Nail in the Coffin for iPhone 5?

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?
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Toyota Motor Corp. Expects Sales Rebound Beginning October

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.
Esther Tanquintic-Misa Sep 20, 2011

Bidders Flood Early Windows 8 Tablets on eBay

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.
Esther Tanquintic-Misa Sep 20, 2011

Court Allows Metcash $250 Million Purchase of Franklins

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.
Vittorio Hernandez Sep 20, 2011

Samsung Wants to Block iPhone 5 Sale in South Korea

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.
Erik Pineda Sep 20, 2011

Moody’s Classifies Australian Companies’ Debt as Attractive Risk

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.
Vittorio Hernandez Sep 20, 2011

Qantas Locks Out Striking Workers

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.
Vittorio Hernandez Sep 20, 2011

GVK To Close Financing For Hancock

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.
Alena Flores Sep 20, 2011

Esprit Turns To China For Growth

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.
Alena Flores Sep 20, 2011

BYD Co. to Sell More Bonds to Keep Company Afloat

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.
Esther Tanquintic-Misa Sep 20, 2011

China Southern Airlines Introduces Airbus A380

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.
Esther Tanquintic-Misa Sep 20, 2011

iPhone 5 Could Be Hit with Delays Led by Samsung's Counter-Attack vs Apple

Apple Inc. got a ban of Samsung Electronics' Galaxy Tab 10.1 and the Galaxy Tab 7.7 in Germany, at a time when all device-makers were touting new gadgets at the IFA 2011. Apple also forced Samsung to pull the Samsung Galaxy S 2 off shelves in the Netherlands, and Samsung tablets in Australia.
Sep 19, 2011

New iPhone 5 Leaks: What Consumers Can Expect

There has been a lot of news leaks about the next iPhone that triggers the high expectations among fans and consumers on Apple’s soon-to-be-released product.
Kristin Dian Mariano Sep 19, 2011

Telstra Revises Service Packages and Pricing Schemes

As rival telcos unveiled their new broadband pricing schemes, giant Telstra Corporation revealed on Monday new offerings that it hopes would continue to lure customers amidst the approaching roll out of the National Broadband Network (NBN).
Erik Pineda Sep 19, 2011

Samsung Planning to Block Apple’s iPhone 5 Sale in Korea

Apple's iPhone 5 hasn't been released yet but Samsung is already planning to launch an aggressive legal campaign to ban the device in Korea.Insiders at the South Korean company told the Korea Times that the company plans to up its legal battle with Apple with the next generation of smartphones, starting with the much anticipated iPhone 5.
ranina sanglap Sep 19, 2011

Strike Forces Qantas To Cancel, Delay Flights

Qantas said more than 6,100 passengers will be affected on Tuesday by the Transport Workers Union's strike as the airline will be forced to cancel 28 flights and delay a further 27 flights by up to 35 minutes.
Alena Flores Sep 19, 2011

Facebook + Twitter > Google Plus? Or the Other Way Around?

Facebook is joining forces with Twitter - does this spell doom for Google+? If the outcome depends on the numbers, Google+ could be dead. Facebook has more than 750 million active users and Twitter has 100 million, compared with only 20 million users and no signs of growth so far for Google's social network.
Carlo Fernandez Sep 19, 2011

Qantas Pilots Gaining More Support Online

The Australian and International Pilots Association (AIPA), which has been focussing its protected industrial action on raising awareness of the Qantas management plan to offshore jobs, is today marking the two month anniversary of qantaspilots.com.au by thanking the 50,000 individual Australians who have visited the site since its launch in July, and the 22,000 who have signed the online petition to keep Qantas pilots in the cockpit.
Sharon Olalia Sep 19, 2011

Samsung Files Countersuits Against Apple in Australia and Germany

Unable to market in full swing its line of Galaxy tablet computers due to global legal disputes with giant tech firm Apple, South Korea’s Samsung Electronics asked Australian and German courts to invalidate an earlier ruling from a German court that prevents the consumer electronic maker to sell its new products internationally.
Erik Pineda Sep 19, 2011

Samsung Files Countersuit Against Apple in Australia

Samsung Electronics Co. filed a countersuit against Apple in Australia, while also appealing a German court ruling, intensifying a global legal dispute between the two tech companies.
ranina sanglap Sep 19, 2011

Qantas Cancels 28 Flights, Delays 27 Ahead of Tuesday Strike

The four-hour walk-out of about 3,800 baggage handlers, ground staff and caterers of Qantas is scheduled Tuesday, but a day ahead of the work stoppage, the air carrier canceled on Monday 28 flight and delayed 27 more by up to 35 minutes.
Vittorio Hernandez Sep 19, 2011

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