New Zealand dairy giant Fonterra has justified adding permeate in its blue-topped milk, saying it is meant to standardise protein levels and not to cut costs to maintain a competitive price as recent news reports have hinted.
Japanese automaker Honda Motor Co., Ltd., saddled by an unsteady supply source of rare earths, on Tuesday announced it has developed a technological approach that would recycle at least 80 per cent of used rare earths metals in hybrid car batteries.
Australia's carbon dioxide emissions went up in 2011 due to more vehicle use and gases that leaked from coalmines. It resulted in the release of 546 million tonnes of more C02 from those two sources. The data came from Australia's report of the National Greenhouse Accounts to the United Nations Framework Convention on Climate Change.
By Greg PeelThe Dow rose 194 points or 1.5% while the S&P gained 1.6% to 1390 and the Nasdaq added 1.8%.
Miner Rio Tinto (ASX: RIO) is the official medals provider of the London 2012 Olympic and Paralympic Games. The firm announced on Tuesday that the 4,700 medals it will supply the games would be crafted from metals sourced from Rio's Kennecott Utah Copper Mines and Oyu Tolgoi Mine.
There have been numerous reports before stating that Apple has plans of launching a "mini iPad" in the market. These rumors are resurfacing again as NetEase; a Chinese web portal revealed that Apple is indeed working on a new iPad.
Samsung, the Korean-based phone manufacturer recently revealed the company's plan to launch a Windows Phone 8 in October, 2012.
Credit demands were down for four consecutive months, according to the latest data released by the Australian Bureau of Statistics (ABS), and banks were more inclined to push up their interest rates.
Tesla, the electric vehicle maker behind the Tesla Roadster, Model S and Model X, is doing all it can to achieve its current business plan of reaching profitability in 2013.
Holden inked on Monday a deal with a General Motors affiliate under which Holden will develop at its Port Melbourne facility vehicles for China. However, it excludes manufacturing.
Westpac's strategies to boost revenue will be put to a test during the first quarter as the bank seeks a larger market share, particularly deposits, small-to-medium business loans and wealth management. The results of said strategies will be disclosed by CEO Gail Kelly in May as she reports the company's first-half profit amidst a weaker banking environment.
By Greg PeelLast week a mere three transactions occurred in the global spot uranium market, totalling 500,000lbs, industry consultant TradeTech reports.
The Chinese-built Ford Focus will join three new SUVs at Ford's stand at the upcoming Beijing motor show exhibiting the brand's aggressive strategy to crack the largest car market in the world.
By Cinzia Alcici and Daniel GrosSpain faces high unemployment and slow growth. This column focuses on an important sources of those problems ? its housing market.
We have our eye on two major points to begin the week. The first is that the most interesting election in the world this year may be in a communist country.
Australia's largest independent coal company will be created shortly when the final stage of the friendly takeover of Aston Resources by Whitehaven Coal is completed.
Shares in Paladin Energy slid yesterday after the uranium miner again disappointed the market with a shortfall on guidance.
uVent.com.au founder Anthony Mittelmark recently launched a Web site that would serve as a meeting ground for Australian consumers with complaints and local companies. Within one week, the portal received about 11,000 complaints which indicate how angry and frustrated Aussie consumers are.
Two Australian banks cut their interest rates on Monday, ahead of a possible overnight cash rate reduction by the Reserve Bank of Australia (RBA) in May and amid ANZ Bank's unpopular decision to hike fixed mortgage and small business loan rates by 0.06 per cent on Friday.
By Rudi Filapek-VandyckThe Reserve Bank of Australia today released the Board Minutes that accompanied the decision to stick with the status quo on the official cash rate earlier this month.
Asus, the Taiwanese-based company announced that the company's Asus Transformer Pad 300 will be released in the market on April 22, 2012. Pre-order for this tablet has already started and this release date would also mean that it will be directly competing against the official debut of Samsung’s Galaxy Tab 2.
Samsung has finally ended months of speculation about the Samsung Galaxy S III. The Korean-based firm finally sent out invitations stating "come and meet the next Galaxy". The invitation is for the May 3 event called "Samsung Mobile Unpacked 2012" that will take place in London.
To address the high cost of aviation fuel, flag carrier Qantas is experimenting with the use of refined cooking oil to power its jets.
Toyota Australia implemented on Monday the job cuts it announced earlier this year on its Altona assembly facilities in Melbourne, which the Japanese carmaker has attributed to shrinking orders and the constantly rising Australian dollar.
Australian stocks have started the trading week in the red, dragged down by falls on European and US share markets at the end of last week. Typically, US investors bail out of equities on Friday 13th, the mood last week not helped by ongoing concerns surrounding the Eurozone sovereign debt crisis. Lower commodity prices haven't helped sentiment locally, with the All Ordinaries Index (XAO) down 20.5pts or 0.5pct in early trade to 4383.7.
Number one social networking site Facebook and Ten Network are talking about an alliance that would involve sharing of content, audiences and advertising income, The Sydney Morning Herald reports.
Three teaser shots of the new Fiat Viaggio have been leaked ahead of the car's official debut at this month's Beijing motor show.
By Adrian Ash, BullionVaultIt's more than "interesting" that platinum prices are lagging gold...GOLD has risen nicely since the meltdown following Lehmans' collapse, with the gold price in Dollars rising 130%.
Chances are higher for a Reserve Bank of Australia (RBA) overnight cash rate cut in May due to ANZ Bank's decision on Friday to increase its variable mortgage and small business loan rates, economists said on Monday.
New data from R.L. Polk reveals that only 35% of hybrid owners bought another hybrid last year.
