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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.

30 October 2012

Microsoft-Apple redux: the empire strikes back It used to be that Microsoft was the evil empire, and Apple the scrappy underdog.

28 October 2012

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.

27 October 2012

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.

25 October 2012

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.

20 October 2012

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.

10 October 2012

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.

04 October 2012

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.

03 October 2012

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.

02 October 2012

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.

01 October 2012

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.

28 September 2012

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.

28 September 2012

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.

21 September 2012

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.

20 September 2012

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.

14 September 2012

Zuckerberg eyes mobile after Facebook IPO flop Facebook founder Mark Zuckerberg said Tuesday the social network giant is focused on mobile devices and should be seen as a smart bet despite a "disappointing" stock market debut.

13 September 2012

Brazil is world's largest crack market: study Brazil is the world's largest market for crack and the second for overall cocaine use, researchers from the Federal University of Sao Paulo (UNIFESP) said Wednesday.

06 September 2012

Oxfam warns food prices to soar due to climate change Staple food prices may double within the next two decades due to climate change and an increase in extreme weather including droughts and hurricanes.

06 September 2012

Google-Microsoft field smartphones to take on iPhone 5 Google and Microsoft have introduced new champions in the fiercely competitive smartphone arena a week ahead of what is likely to be the hotly-anticipated debut of a next-generation iPhone by Apple.

06 September 2012

China slowdown biggest risk to Asian growth: survey A slowdown in China's economy is perceived as the biggest risk to Asia's economic growth, a survey of regional powerbrokers released Wednesday said.

06 September 2012

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