Erik Pineda

As Myers and other major retailers revealed plans to reduce their store numbers to survive the ongoing slump, sellers' group has expressed optimism that a considerable pick up late into the holiday season could offer some relief.

Despite earlier indications that China and India are inserting their footholds on Afghanistan's mining resources, Afghan officials have hinted that Australia's involvement in the Asian county's mining industry is also very much desired.

America officially closed a costly war that raged for more than nine years, killed some 4500 U.S. service members and dried out hundreds of billions from the United States Treasury.

Iranian engineers outwitted their American counterparts over the global positioning system (GPS) technology employed on Tehran's recently captured unmanned spy drone.

The Parliament may be in hiatus for the holidays but it appears Prime Minister Julia Gillard may not necessarily relish the break as she needs to map her strategies come resumption of sessions next year and one of those is staying in power, reports said.

Ford is ending production of its once vastly popular small half-truck, the Ford Ranger, which it admitted became the unwilling victim of in-house competition.

Microsoft has decided to follow the lead of its rival browser, Google Chrome, as the software giant revealed on Thursday that it will soon implement silent updates of the Internet Explorer across the latest Window platforms.

Police officials swooped down on the Melbourne office of The Age, owned and operated by Fairfax Media, following allegations that one story ran by the newspaper utilized information hacked from sensitive files kept by the Australian Labor Party.

International Monetary Fund (IMF) managing director Christine Lagarde admitted on Thursday that global economies could soon slide into brink of collapse if the restive situation in Europe is not resolved at the soonest possible time.

Bill Gates seems to be having a grand time in Australia, where he planes in last week to get a feel of the holiday season down under.

South Korea has been added as one of Australia's close military allies as the two nations formally agreed on Wednesday to conduct more joint exercises in the future in hope of further cementing their ties.

Japan is set to spend some $8 billion that will upgrade its air capability, possibly opting for a fleet of radar-evading F-35 combat jets manufactured by American firm Lockheed Martin, reports said.

An Australian military court sent an erring naval officer to jail after finding him guilty of exercising undue authority over a female sailor he subjected to a humiliating discipline routine.

It appears anything Steve Jobs still sells big time as his authorised biography, written by top-notch journalist Walter Isaacson, officially topped this year's best-selling books by giant online retailer Amazon.

Samsung has admitted that it somewhat got free marketing boosts when giant tech firm Apple decided to throw legal hurdles its way that for months barred the South Korean company from selling its flagship products on major markets around the world, including Australia.

Talks of brewing restiveness within members of the Australian Labor Party have sprouted in the immediate aftermath of the cabinet reshuffle implemented earlier this week by Prime Minister Julia Gillard, reports said.

One cat from Italy has just gotten a windfall when its owner, the widow of an Italian property mogul, left behind all her wealth to a kitty she picked up, which she found roaming listlessly in Rome four years ago.

A Swiss national filed a lawsuit against an Austrian casino operator, claiming that he was defrauded of some $57 million when the latter refused to pay the jackpot that the player won last year.

Dumping the current organizational make up Queensland Health was too drastic a move that Premier Anna Bligh has resorted to just because one person committed grave mistakes.

Mining has again fueled positive movements in the Australian economy as the latest survey commissioned by National Australia Bank (NAB) indicated that business conditions in November jumped sufficiently enough for specks of growth to take effect.

China denounced Canada's decision this week to withdraw from the 1997 Kyoto Protocol, accusing it of reneging on its commitment to help reduce global carbon emissions.

Iran has shot down 'official request' from the United States that its spy drone that went astray in Iranian territory, underscoring that the Americans violated the Islamic Republic's airspace while attempting to gather intelligence.

An Australian citizen is set to be convicted by an Israeli court following his admission that he agreed to work for Hamas, regarded by the Jewish nation as a terrorist organization, during his stay in Israel.

Recent health studies have determined that foods we allow to enter our system pave the way for either sickness or health yet for many Australians the options seem to have been narrowed down by economy.

India has announced on Monday the shutting down of a server identified by computer security experts as one of the portals being used by computers that have been tagged as Duqu infected.

Billionaire and Microsoft co-founder Bill Gates is set to celebrate the holidays in Australia, according to reports by the Sydney Morning Herald.

The latest scandal that had hit Queensland's multimillion dollar health department served as the last straw for Premier Anna Bligh as she announced late Monday the definite abolition of the problem-prone state service.

What transpired was routine adjustment to further strengthen the cabinet, this according to Prime Minister Julia Gillard, who also rejected suggestions that she had to deal with specters of dramatic departures prior to the latest revamp.

China has opened up its doors on financial pointers pitched by the International Monetary Fund (IMF) and vowed that helpful advisories coming from the global financial institution would be adopted where they matter.