BUSINESS

The flight of China's first commercial plane has been delayed owing to the rescheduling done by Chinese authorities of its final airworthiness test certification.

Rio Tinto remains on track to expand its iron ore operations despite earlier indications from the mining giant's CEO, Tom Albanese, that at a certain period the company will temporarily slow down on its output plans.

Earning $1 million every 30 minutes has its disadvantages too. For Gina Rinehart who was named this week by BRW Magazine as the world's wealthiest woman with $29 billion to her name, it meant more public scrutiny of her companies as well as her private life, particularly the ongoing family court feud.

If school bullies destroyed many young lives during their grade and high school days, when it comes to the workplace, it would be their turn to be on the other side of the fence.

By Peter Kretzmer and Mickey LevyGreece's economic and financial crisis is quickly deteriorating and there is no strategy ? or even a coalition government ? to figure out what to do next.

Forza Motorsport fans unite - Porsche is back!

A high-profile advertising campaign failed to convince thousands of subscribers to remain with Vodafone.

Qantas and Jetstar will add about 900,000 more seats on its east coast routes by July in a bid to improve the company's finances. The addition of capacity, announced Thursday, is part of the revamp initiated this week by Qantas Chief Executive Alan Joyce.

Japan has retained its position as the world's top creditor nation in 2011, a title it has held on to for the past 21 years.

While China's economy is still booming compared with other world economies, the World Bank has once again cut China's growth forecast to 8.2 percent.

By Greg PeelThe Dow closed up 33 points or 0.3% while the S&P gained 0.1% to 1320 and the Nasdaq lost 0.

Although operators of the soon-to-be shuttered smelter plant in Hunter Valley cited the high Australian dollar and weak prices in the international market for aluminium as the short-term reasons why it would close its Kurri Kurri facility, the Opposition seized the closure of the plant to blame again the carbon tax for the economic woes of companies in Australia.

Growth will be Hewlett Packard's (HP) core vision over the next two years and the company's new business plan includes the upcoming release of a Windows 8-powered tablet computer later this year and the phased separation of thousands of workers.

By Greg PeelHSBC reported today its "flash" estimate of its independently calculated Chinese manufacturing purchasing managers' index (PMI) fell to 48.

Homesales.com.au has launched 'Investment Property Search', a new free service specifically aimed at property investors.

It seems that Chinese buyers have the buying power in today's market. That includes Chinese-speaking Australians who hail from China and other parts of Asia Pacific.

The latest Android version which is known as Android 4.0 or Android ICS (Ice Cream Sandwich) is something that Android users have been waiting for a long time now ever since it was announced to the public. Though Android ICS was already announced 6 months ago, not all smartphones have been updated to the latest Android version.

Let the recriminations begin! And then the show trials!

Brightsource Energy has abandoned its IPO. Citing adverse market conditions stemming from a lack of public interest/funding in greentech solar companies, the company withdrew its plans to become listed and offer shares on the NASDAQ last month.

The rise to prominence in the automotive industries for Hyundai KIA Automotive Group (HKAG) was capped by the acquisition of Kia Motors in 1998.

In Pamplona, Spaniards run with the bulls. In Athens, Greeks run on the banks. Yes, folks a good, old-fashioned bank run is underway in Greece.

Coal miners employed by the BHP Billiton and Mitsubishi alliance made good their threat to strike on Thursday as over 3,000 started their week-long industrial action.

Besides Qantas aircraft maintenance engineers who were at the receiving end this week of Chief Executive Alan Joyce's ax, another victim to the announced revamp of the flag carrier would be the tourism sector in the Northern Territory.

By Greg PeelThe Dow closed down 6 points while the S&P closed up 0.2% to 1318 and the Nasdaq gained 0.

Rumors about Apple's new iPhone 5 are circulating the web as many people are setting high expectations about this new offering from Apple. Aside from possible specifications and features, rumors about the possible release date are also spreading like wildfire in the Internet.

The World Bank has picked on Australia for its over-dependence on its resource exports to China, which could eventually hamper growth in the Asia-Pacific Region to 7.6% this year.

Microsoft is all set to deploy a re-engineered Windows system on its new Windows 8, which replaces the highly successful Windows 7.

Credit Suisse, in a new report released on Wednesday, warned Australian banks not to lower their lending standards for home loans to make up for the flat growth of lending across the banking industry,

National Australia Bank (NAB) Chief Executive Cameron Clyne blamed on Wednesday the battle for deposits among Australian lenders for the high mortgage interest rates in the country. In effect, he belied claims by the other banks that the European crisis, which caused wholesale funding cost to rise, is the culprit.