BUSINESS

What about that Dow! Overnight, it punched through the 15,000 mark, on its way to 16,000, 17,000 and beyond. Could it happen? Well, markets are clearly in melt-up mode. But how far can they melt-up before the bust?

George Osborne, the Chancellor, is once again under the IMF scanner, as officials of the Washington-based financial institution will arrive to review UK economic growth. With additional warnings to recall austerity drive and reinstate the 'lost decade of growth,' the Trades Union Congress (TUC) finds competent support to drive home their arguments.

McDonald’s act of “getting in touch” with the Cleveland hero arouses disapproval from a business standpoint.

The Australian market has extended its gains following much better than forecast job numbers and an unsurprising inflation report in China. The All Ordinaries Index (XAO) is up 0.2 per cent or 11.7 pts to 5,189.6, making it the third day of improvements this week. There were 50,100 jobs added in April, 34,500 of which were full-time positions. The unemployment rate eased from 5.6 per cent to 5.5 per cent and the participation rate (the percentage of working-age Australians either employed or loo...

It seems that Toyota Motor Corp. is on its track to full recovery as in the fiscal year ended March 2013 it saw its net profit triple on a year-on-year basis.

Australians planning to go to a holiday rendezvous ought to take extra precautions in their online booking activities as the Australian Competition and Consumer Commission (ACCC) on Thursday disclosed at least some $250,000 worth in Internet scams have been lost in 2013 alone.

By Kathleen Brooks, Research Director UK EMEA, FOREX.comFX is playing second fiddle to stock markets today.

On Wednesday, French health authorities confirmed a 65-year-old local has contracted the deadly new SARS-like novel coronavirus, the country's first infected case.

Italy’s maritime safety was again put into question

Android 4.3 Jelly Bean keeps spilling out with suspicion to run Nexus 4 LTE and Nexus 7 as Google continues to bake Android 5.0 Key Lime Pie while Apple keeps on standing still and continues the development of iOS 7 with the complete overhaul of the system. Did Android Jelly Bean delay Apple's innovation?

Communities and residents in Western Australia have been advised to brace themselves and take cover for a severe weather disturbance over the next 24 hours.

Rio Tinto (ASX: RIO) expects to benefit from the rising demand for steel by China with higher iron ore sales, a company executive said at an international conference in Singapore on Wednesday.

The possibility of more members leaving the world's most popular social networking site looms amid reports that Facebook plans to place pop-up ads when members open their account to read News Feeds from their friends.

By Greg PeelThe Dow closed up 48 points, or 0.3%, while the S&P gained 0.4% to 1632 and the Nasdaq added 0.

The ASX 200 Index closed at a near five year high today, as investor sentiment was boosted by record closes on the US Dow Jones and S&P 500 Indices, as well as better than expected Chinese trade data. The ASX 200 closed just shy of 5200 points, its best finish since June 30, 2008.

Many users have expected Android 5.0 Key Lime Pie would be the next Android OS version to be introduced in the upcoming Google I/O in May 2013. However, Android 4.3 Jelly Bean keeps showing up on server logs and one of the devices seen running it is the Nexus 4 LTE version.

Origami Condoms from California is now planning to release the very first condom specially designed for anal sex to the market in 2015. The company unveiled the prototypes for receptive anal intercourse for both men and women.

Anxiety over the possible spillover to humans of the bird flu strain H7N9 grew larger after a study noted that pigs that caught the flu were likewise growing in numbers.

Despite a growing number of deaths, the World Health Organisation (WHO) said there was no need yet to impose a travel ban to Saudi Arabia in light of the new SARS-like novel coronavirus now gripping the country.

The Australian market is rising thanks to a better than expected Chinese trade surplus and US shares closing at record highs. The All Ordinaries index (XAO) is up 0.7 per cent or 35.8 pts to 5,158.5. A US$18.16bn trade surplus in China at 11.49am (AEST) pushed local shares slightly higher initially while the Australian dollar recorded a more obvious rise to US101.9 cents.

By Bo Becker and Victoria IvashinaFixed-income investors that have targets based on imperfect risk measures are tempted to take on additional risk to raise their portfolio yields.

Out of the blue, Paul Walsh, successful chief executive officer at Diageo Plc, informed that he would retire after successful and fruitful 13 years managing the drinks giant. As it was made public, he would be succeeded by Diageo COO Ivan Menezes.

Sony unveiled on Wednesday a $549 laptop, indicating a shift in pricing strategy for the electronic giant. The Japanese firm introduced the Vaio Fit, a 14-inch laptop that is thin, light and has aluminium body.

After all, the rate of UK shop price inflation slumped significantly in April, reaching its lowest level in more than three years. The slump in UK shop price inflation was mainly driven by countless promotions and dropping commodity prices. Indeed, UK retailers have been doing whatever it takes, including price cuts, to lure customers to their stores.

Microsoft has sold over 100 million copies of Windows 8 since it started to ship the new operating system six months ago on Oct 26, 2012. The information, reverses previous observation that the new OS was not moving in store shelves as fast as the manufacturer and industry expected it despite the operating system being designed primarily for touch command.

They are not called Virgin employees for nothing. Female attendants of Virgin Train are protesting the new uniform of the transport form because the blouses are too short and so flimsy.

By Greg PeelThe Dow rose 87 points, or 0.6%, while the S&P gained 0.5% to 1625 and the Nasdaq added 0.

In a big turnaround from their previous decision, four of the biggest Australian banks said on Tuesday that they will pass in full the 25 basis points overnight cash rate made by the Reserve Bank of Australia (RBA) on the same day.

Because of its low prices that attracted American consumers who were still reeling from the prolonged recession, Wal-Mart Stores regained the number 1 ranking in the Fortune 500 list for 2012.