site.news_by_theme Market
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