BUSINESS

A businessman from Brisbane sues tech giant Google for defamation claims. Jarrod Sierocki, 31, seeks to claim $2.6 million worth of damages for having his reputation destroyed online.

- Uranium spot price falls below US$40/lb- Spot market slow- Activity, but no sales in term markets- Probably more of the same until JulyBy Andrew NelsonStubborn uranium sellers have been holding off speculative buyers for a while now, unwilling to drop prices to get deals done.

American sportswear manufacturer Under Armour aims to double its sales to $4 billion by 2016, and one of its strategies is to expand its overseas market. To achieve that, the retailer would open its first Australian store in 2014 and could expand its strategic relationship with Rebel Sport, said Kevin Plank, founder and chief executive officer of Under Armour.

The Australian mining sector has been warned of iron ore price fall for the next six months. This was expressed by one of China's top steel makers Ansteel, as it also underscored the current struggles of the Chinese steel industry.

By Greg PeelThere was much speculation as to just how Wall Street might react to Friday's US unemployment data.

Green Energy Markets compiled government data to come up with an analysis of how Australia will be on track to sustain 22% of renewable energy by 2020. By 2050, the counry can achieve 51% sustainability on renewable energy.

More strike protests are expected to be staged by angered employees at the Qantas terminal of Perth Airport after 11 security screeners were locked out of their jobs for wearing "Paid Less in the West" t-shirts. Employees are protesting that their wages are lower compared to their interstate counterparts.

Asus Transformer Book Trio is a desktop, tablet and laptop in one. Aside from combining every computing device possible, the newest offering from Asus also runs on Windows 8 and Android.

What previously was a struggling industry in the United States is now a booming area. The auto industry just recently announced its plans of going on a hiring spree. Car makers and suppliers are on the hunt for technicians, engineers and factory workers to satisfy the increasing demand and build the next generation cars.

The answer of Andrew Liveris, Dow Chemical global chairman and chief executive, to that question is a resounding "Yes". The chair of the Australia-US Business Council said that Australia is losing the ability to innovate and develop. Liveris said acknowledges that Australia has the resources and tools to discover new products and innovate.

The share price of Newcrest Mining falls to an all-time low in 30 years resulting in a $780 million loss for the company. Newcrest Mining blames the drop in gold prices on the company's decision to reduce spending by 20 percent.

Lack of stability and inappropriate funding for federal small business has led the small business shadow minister Bruce Billson to take up the issue for immediate solution.

The continuous decline of gold prices the past few weeks has caused Newcrest Mining, Australia's largest gold miner, to write down $6 billion in assets and downsize operations.

A new certified official update from Sony will be released on June 16 to Xperia S consisting of major fixes, system performance boost, Google Now and Project Butter.

BHP Billiton (ASX: BHP) just finalised the sale of its interest in the $45 billion Browse liquefied natural gas project in Western Australia. The number 1 miner sold its interest to PetroChina for $1.7 billion.

Samsung is going to release an official Android 4.2.2 Jelly Bean firmware update for the Galaxy S4 Snapdragon 600 variant this week which includes fix of major issues, new camera firmware, and HDR video and additional icons.

South Korean chemical engineer Jang-Ung Park is developing a contact lens with functions similar to Google Glass. The lens uses a transparent, highly conductive and stretchy mix of grapheme and silver nanowires which were tested on rabbits and found to have no bad effect after five hours of use.

Selena Gomez shifts from the stage to the streets to start in the new action movie “Getaway.” This time she will not be playing the damsel in distress rather a car thief. Gomez will start alongside Ethan Hawke and the Ford Shelby GT500.

Another week has passed where sellers have continued to define the market atmosphere. The ASX200 has lost the most part of 10% since the early part of May. The defining aspect of market volatility during this period has been the open debate moderated by the US Fed on the winding back of quantitative easing. Adding another dimension the selling in local terms has been the pace of profit downgrades from corporates in recent week. This last point talks to the recent flow of economic news which has ...

Gamers waited five years for the second installment of Codemasters’ GRID game. The GRID 2 is putting Codemasters back on track featuring lots of Aston Martin.

The list of drought-affected shires in Australia's Queensland continue to expand, this time with the inclusion of Mount Isa, taking the total number of drought-declared shires to 14.

Porsche's former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen.

Australia's economic growth for the three months to 31 March came in at 0.6%, just below expectations of 0.7% growth. The annual rate of expansion slowed to 2.5%, the slowest growth rate since June 2011.

As high as food and gasoline and other basic commodities are across the U.S. these days, they would cost much, much more were the American dollar not the world's reserve currency. Economists have known that for decades.

The Australian sharemarket is sliding for the third straight day, with the ASX200 Index down by close to 1 per cent at lunch. This is adding to the back to back 1 per cent falls on Wednesday and Thursday. Investors are feeling somewhat jittery ahead of a non-farm payrolls report out later tonight, in addition to the closure of the Aussie market on Monday due to a public holiday.

Pay $6.2M for three, not one, Ferrari. The best car sale has hit the market. Imagine getting a Ferrari F40, F50 and an Enzo for the price of one? This is possibly one of the best car deals and gift packages around.

Just as the world gets to slowly accept same-sex marriages, a reversal of roles seem to be happening. If a same-sex couple gets rejected of a request, a thin dividing line ensues of differing personal and professional beliefs.

If you're the faint-hearted type, this is not for you. But for thrill-seeker adventurers, this video on YouTube of a Saudi daredevil man texting while above the hood of a speeding car could give them the much needed adrenaline rush.

By Rudi Filapek-Vandyck, Editor FNArenaAs far as technical indicators go, the Hindenburg Omen sounds very scary and not only because it carries the name of a famous air travel accident that instantaneously killed off the attraction of traveling by zeppelin between Europe and the American continent.