Erik Pineda

Reports have emerged that Microsoft has rediscovered its interest on ailing search engine firm Yahoo, with tech news site Digital Trends confirming on Thursday that the two entities have agreed to commence preliminary procedures toward a possible deal.

Major economies need to contribute in resolving the European financial crisis, including Australia, which according to Reserve Bank of Australia (RBA) governor Glenn Stevens, is set to absorb significant impacts of spillovers from Europe.

Prime Minister Julia Gillard is bound to enjoy more sleep in the weeks ahead as a new ally was installed as House Speaker on the last day of Parliament session, further boosting her chances of running a full term, experts said.

Federal Treasurer Wayne Swan cleared on Friday SABMiller’s $9.9 billion takeover of Australian beer icon Foster’s, leaving only one brand as the country’s wholly-owned brewery.

The ‘Arab Spring’, which continues its rattling campaign in the Middle East and North African regions, may have finally triumphed in Yemen as its president abandoned all defiance and agreed to a deal that would pave the way for his gradual exit from power.

It looks like that securing a deal with the Australian Green Party on the newly House-approved mining tax came with a heavy price for banking customers, Australia’s banking alliance said.

Google continues its latest campaign of retiring products and services that the tech giant admitted failed to deliver the desired results, company officials said.

Following reports of arranged marriages that recently involved a young Australian girl, the federal government said on Wednesday that it plans to put a stop to the practice it calls as tantamount to sex slavery.

Russia warned the United States on Wednesday that it could be inviting trouble with the latter’s plan of stationing missiles sites in Europe, purportedly as a form of deterrence and defence against the growing nuclear capability of Iran.

The number of smartphones reaching the ever burgeoning Chinese market reached record numbers as of the third quarter of 2011, according to the latest report issued on Wednesday by tech research firm Strategy Analytics.

Polar ice sheets have accelerated their retreat while global temperatures added up 1.4 degrees Fahrenheit since the onset of frenetic industrial activities, prompting scientists to suggest that time may be running out to arrest the ill-effects of climate change.

Internet safety groups have called attention on what they said was emerging and disturbing trend on popular social networking sites, in which teenage Australians post their racy images for the world to see.

Sony’s latest attempt of regaining its market edge in the gaming industry, the PlayStation Vita, will hit Australian shelves on February 2012 but the giant consumer electronics firm said that pre-orders for the upcoming release is now accommodated.

Australia has indicated that any joint military exercises with both China and the United States were not remote possibilities following suggestions floated recently by the Indonesian President.

More investments are expected to come from India once Australia decides to officially include the country as one of its uranium buyers, according to political and business leaders from New Delhi.

Following months of intense lobbying and backdoor concessions, Prime Minister Julia Gillard finally won the support of her House colleagues as the Parliament’s lower chamber voted on Wednesday morning to approve the Minerals Resource Rent Tax Bill 2011.

Barring any more glitches, Prime Minister Julia Gillard is virtually assured of sailing her proposed minerals resource rent tax (MRRT) though the Parliament’s lower chamber this week, paving the way for a near-certain approval by the Senate early next year.

Giant American food processing firm HJ Heinz is ramping up its attack on what it calls Australia's unhealthy food retail industry that encourages private labels and significant price cuts on basic goods.

Qantas Airways has rejected suggestions that it allowed negotiations with union officials to be bogged down by deliberate delays in order to secure intervention from Fair Work Australia (FWA).

The AIDS global epidemic is witnessing a dramatic reversal, according to the latest assessment issued on Monday by United Nations AIDS (UNAIDS), which also noted that millions of HIV patients are dealing with the virus successfully.

Australia is bent on completing its mission in Afghanistan regardless of the setbacks its troops absorbed in the past few months, according to Prime Minister Julia Gillard.

Blaming below-par professionalism and negligence, U.S. intelligence officials confirmed this week that underground operatives supplying information from Hezbollah and Iran have been busted earlier this year.

The proposed minerals resource rent tax (MRRT) is configured by the federal government to spread out the benefits of the ongoing Australian mining boom but collateral damages of the plan could deliver fatal blow to small business sectors, reports said.

It appears that Prime Minister Julia Gillard faces opposition from among the left-leaning members of the Australian Labor Party (ALP) following outright dissensions announced over the weekend by Senator Doug Cameron.

Man will receive further information about Mars once NASA’s rover Curiosity reaches the so-called red planet in August next year, by which time Australia will celebrate a new milestone in Astronomy.

Weeks into a lingering stalemate that practically paralysed Qantas Airways’ operation, no deal is yet in sight as both company management and union leaders appear steadfast on pushing for their respective stance.

The Australian government downplayed the possibility of backslash with its Asian neighbors despite glaring protests howled last week by both China and Indonesia on Canberra’s new security arrangements with the United States.

Australian authorities have launched a probe on the ‘abandoned’ security manual used during U.S. President Barack Obama’s short stay in the country, giving out minute details of the trip including sensitive security measures designed by the U.S. Security Service.

Fresh from its record earnings for the first half of 2011, global mining firm BHP Billiton stepped on the gas for the realisation its expansion projects in the Pilbara region of Western Australia, signalling the construction start of a power plant and an additional iron ore mining site.