BUSINESS

By Andrew NelsonWith little to no growth on offer in the developed world, and with volatile markets jumping from risk-on to risk-off faster than rats up a drain pipe, the global economy is facing down an increasingly ugly scenario that is upsetting and confusing investors the world over.

The issuance of an order by the Victoria Supreme Court for striking Coles warehouse workers has failed to end the deadlock in Somerton. The picket and blockade continues and entered its 10th day on Wednesday with Coles trucks still unable to enter or leave the compound.

By Greg PeelThe Dow closed up 78 points or 0.6% while the S&P gained 0.7% to 1363 and the Nasdaq added 0.

By Chris Tedder, Research Analyst FOREX.comPrice action was fairly muted during the session as investors attempted to read between the lines of Bernanke's cryptic testimony to congress.

A Chinese executive with holdings in Australia's mining industry advised on Monday Prime Minister Julia Gillard and Perth business leaders for Australia to prepare a back-up plan in case the mining boom ends.

People who are always experiencing a "no reception" problem when riding the Sydney train could now rejoice as network companies are now providing full high-speed 3G mobile broadband reception.

The beta version of the newest MS Office which is MS Office 15 has been released today. In this new version, additional and more improved features has been incorporated in order to make MS Office updated with today's growing market.

Major economic indicators showed that the country's current cash rate of 3.5 percent will hold in the aftermath of the Reserve Bank of Australia's (RBA) board meet next month.

Billabong, a popular Australian clothing retailer, was a recent victim of online hacking wherein 35,000 of Billabong username and passwords were exposed online. Despite the hacking being exposed last week, the hacked usernames and passwords are still visibile online.

Online job trends now favor what the technology landscape dictates, according to the latest Freelancer.com data collating some 190,000 jobs posted on its site creating some 2.3 million projects in the first six months of 2012.

Airline passengers flying via Virgin Australia have been assured they will continue to enjoy the extra legroom seats in the front row of the economy section on its Boeing 737-800 aircraft at no extra cost.

They're selling like hotcakes, media reports said, as U.S. retailers, both online and physical stores, reported running out of stocks for the newly-shipped Google Nexus 7, indicating a rousing reception for the mini-tablet.

Skype, the popular online calling service recently identified a "message privacy bug" in their system thus causing Skype users to raise privacy and security issues with its services.

Microsoft will soon retail its in-house tablet computer Surface and the company is making sure that the brick will be supported by its internal product lines, foremost of which is the hugely successful Microsoft Office productivity suit.

Yahoo is betting its fortunes on the proven talent of a former Google executive, Marissa Mayer, who for more than a decade has steered the internet giant's search division into the most successful web-based business in the world.

Microsoft Office is finally getting a much needed upgrade with its newest version which is MS Office 15.

Yesterday the Australian share market improved for the second consecutive trading session and the market started off well this morning. The All Ordinaries Index (XAO) opened 20 points higher, helped by gains in banking and insurance stocks. The mining sector was a little mixed ahead of major quarterly production numbers over the next 2 days and transport stocks also lower.

The stifling effect of Europe's sovereign debt crisis and weakness in developing nations led the International Monetary Fund (IMF) to downgrade its global growth forecasts on Monday to 3.5 per cent for 2012 and 3.9 per cent for 2013.

Apple's iPhone has been one of the top selling Apple devices in the world. The latest iPhone model which is iPhone 4S is one of the top-selling smartphones in the world. Recently, there are numerous reports stating that Apple is slated to release a new iPhone model which iPhone 5.

By Greg Peel"Domestically, members noted that the March quarter national accounts data implied that the economy had had more momentum since mid 2011 than had previously been indicated".

"Globalization" has been a buzzword for decades, but the word has competing definitions. It can refer to the reduction of barriers to trade and travel, which allows goods, ideas, and people to act as though the world is one free-flowing community. But it can also refer to the centralization of power into a nexus from which policy decisions are broadcast into all corners of the world.

It was an apparent empty victory for Toll Holdings, operator of the Somerton warehouse of Coles, even at it got an order from the Victoria Supreme Court on Monday. The court mandated the lifting of the blockade at the facility which has been ongoing for more than one week.

Protesters tried but failed to enter the BHP Billiton (ASX: BHP) Olympic Dam mine site in South Australia on Monday to stop the uranium mining operations of BHP.'

FNArena has added another video to its Investors Education section on the website. This week ATW's Jerry Simmons focuses on natural gas and the euro among a host of other topics.

Fifteen New Zealand miners remain trapped in three refuge areas underground at a Newmont Waihi gold mine on Tuesday. The 15 are part of a group of 28 miners deployed at the site. Thirteen of the workers have escaped the blaze.

What would you prefer? A predictable business or an unpredictable one? Would you prefer to be able to predict your profitability next month rather than get that nasty shock when you look at the general account?

Google has just revealed their newest Android OS which is Android 4.1 Jelly Bean

By Greg PeelThe Dow closed down 49 points or 0.4% while the S&P lost 0.2% to 1353 and the Nasdaq fell 0.

Microsoft has just unveiled its latest OS which is Windows 8. Windows 8 is set to officially arrive in the market by October, 2012 and experts are predicting that this would help the growth of the PC industry.