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Aluminium ingots depot. ©REuTERS
Falling aluminium prices hit Rusal earnings

Russian aluminium giant Rusal posted a third-quarter loss of $118 million on Monday, blaming Europe's economic turmoil and China's slowdown for sinking global demand for the metal.

Falling aluminium prices hit Rusal earnings
©REUTERS
Japan's Suzuki shutters US car business

Japan's Suzuki said Tuesday it would shut down its money-losing car business in the United States and file for bankruptcy, citing a strong yen and weak demand for its small cars in the US market.

Japan's Suzuki shutters US car business
Photo courtesy of nwteche.com
Android smartphone shipments boom: industry tracker

Android software powered three out of four smartphones shipped worldwide in the recently ended third quarter as the Google-backed mobile platform dominated the market.

Android smartphone shipments boom: industry tracker
Brazil fashion industry struggles to take flight
Brazil fashion industry struggles to take flight

Sao Paulo's Fashion Week is in full swing, giving Brazil the chance to celebrate its status as the world's fifth largest producer of textiles and the fourth biggest producer of finished garments.

Brazil fashion industry struggles to take flight
Photo courtesy of 123rf.com
Dollar, euro gain in Asian trade after China data

The dollar and euro climbed against the yen in Asia on Thursday as positive Chinese manufacturing data boosted risk sentiment, while traders were also looking ahead to a crucial US jobs report.

Dollar, euro gain in Asian trade after China data
Virgin Chairman Sir Richard Branson. ©REUTERS
Virgin Australia sells stake to Singapore, pounces on Tiger

Virgin Australia on Tuesday sold 10 percent of its business to Singapore Airlines while agreeing to buy a 60 percent stake in Tiger Airways Australia as it upped the ante in its battle with Qantas.

Virgin Australia sells stake to Singapore, pounces on Tiger
Photo courtesy of obamapacman.com
Microsoft-Apple redux: the empire strikes back

It used to be that Microsoft was the evil empire, and Apple the scrappy underdog.

Microsoft-Apple redux: the empire strikes back
Microsoft woos mobile users, aims at Apple
Microsoft woos mobile users, aims at Apple

Microsoft kicked off sales of its revamped Windows 8 system and Surface tablet Friday amid mixed reviews as the tech giant ramped up efforts to compete in a market shifting rapidly from PCs to mobile devices.

Microsoft woos mobile users, aims at Apple
Facebook Chief Executive Mark Zuckerberg. ©REUTERS
Facebook touts mobile gains as earnings beat forecast

Facebook said it was making strong gains in tapping the mobile advertising market as the world's leading social network turned in better-than-expected third quarter earnings Tuesday.

Facebook touts mobile gains as earnings beat forecast
Earnings reality sinks US investor hopes
Earnings reality sinks US investor hopes

A reality blast of disappointing earnings from a clutch of US business heavyweights wiped out midweek gains Friday as US markets suffered another poor week.

Earnings reality sinks US investor hopes
Photo courtesy of goodsluxury.com
China tipped to be 2nd biggest luxury market by 2017

China is set to become the world's second biggest market for luxury goods after the United States in five years, overtaking France, Britain, Italy and Japan.

China tipped to be 2nd biggest luxury market by 2017
Photo courtesy of geeky-gadgets.com
Apple smartphones gaining on Samsung in US

Apple narrowed the gap with Samsung smartphones in the precious US market in the months before the release of the hot-selling iPhone 5 model.

Apple smartphones gaining on Samsung in US
Iron ore mine. ©REUTERS
S&P warns of little iron ore respite for miners

Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.

S&P warns of little iron ore respite for miners
Sheryl Sandberg. ©REUTERS/Brian Snyder
Facebook tailoring ad services for businesses

Facebook's chief operating officer was in New York on Monday working to bolster investor confidence with assurances that the social network was intent on making money.

Facebook tailoring ad services for businesses
China manufacturing in second month of contraction
China manufacturing in second month of contraction

China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.

China manufacturing in second month of contraction
Sleek new PlayStation 3 model makes US debut
Sleek new PlayStation 3 model makes US debut

Sleek new PlayStation 3 consoles took their places in US homes on Thursday as Sony tapped into its video game prowess to put itself at the heart of Internet Age entertainment.

Sleek new PlayStation 3 model makes US debut
©REUTERS
Global sales of 'smart devices' surging: study

Global sales of so-called smart connected devices -- computers, smartphones and tablets -- rose sharply in the past quarter, driven by smartphones and tablets.

Global sales of 'smart devices' surging: study
Long queues for iPhone 5 rollout despite glitches
Long queues for iPhone 5 rollout despite glitches

Apple's iPhone 5 hit stores in a festive global rollout Friday, with long queues of devotees undeterred by a lukewarm welcome from experts for the smartphone and complaints about its new mapping system.

Long queues for iPhone 5 rollout despite glitches
iPhone 5 frenzy builds ahead of Friday release
iPhone 5 frenzy builds ahead of Friday release

Gadget lovers have flooded Apple with pre-orders and set up camp outside the company's real-world stores to get their hands on the new generation iPhone 5 set for release Friday.

iPhone 5 frenzy builds ahead of Friday release
©REUTERS
Oil prices hit four-month peaks on Fed stimulus

Global oil prices soared Thursday to new four-month highs, as the US Federal Reserve announced a new round of quantitative easing to stimulate the flagging economy.

Oil prices hit four-month peaks on Fed stimulus