BUSINESS

Philippine-based international port developer International Container Terminal Services, Inc. (ICTSI) posted revenue from port operations of $474.9 million for nine months ending Sept. 30 2011. The income based on ICTSI's consolidated unaudited financial results for the period is 29 percent higher than the $368.2 million reported in the same period last year.

In the near-future, delivery trucks will land on soccer fields to deliver goods and services to hard-to-reach places.

Apple Inc. has informed registered owners of the first generation iPod nanos sold between September 2005 and December 2006 that the devices may overheat and pose a security risk.

In response to the issues raised on the iOS 5, Apple released the iOS 5.0.1. This update is expected to fix battery and security concerns that came up with the iOS 5.

Australian shoppers will have an easier time shopping this holiday season as major tablet manufacturers slash product prices this month.

Greenhouse gas emissions (GHG) from the Australian power industry increased by 3.8% over the month of October, as lost generation gradually made a comeback in the lead up to summer, according to October's Emissions Insights report from RepuTex carbon analytics.

It’s still a billion-dollar industry but newspaper publication continue to reflect sliding circulation numbers in the third quarter of 2011, with all major media firm affected by the consistent declines, according to latest available industry data.

Citibank will take the wraps off a new broker segmentation strategy in coming months, following the appointment of new head of broker distribution Aaron Milburn to drive its third party push.

Despite Australia being a prosperous nation, 11 per cent of adults in the country and 12 per cent of children live in poverty. About one million Australian children do not always have enough to eat. Efforts of Foodbank, the largest hunger relief organization in Australia, to reach these needy residents got a boost following the commitment by the Australian dairy industry to provide one million litres of milk yearly for residents in need.

Research findings published today by market researcher Newspoll suggest that almost half of Australians are 'supermarket grazers', who admit helping themselves to free produce while shopping in supermarkets.

Unsold housing stock is nearing record levels, and would take nearly eight months to clear.

Melbourne-based adviser Mark Davis has topped MPA’s Top 100 Broker list after settling a staggering $170m of home loans in 2010/11.

Chinese crude steel output has fallen nearly 10% since last May as the slowdown in Australia's most important export partner continues.

The week's flow of data from China confirms one point: China is the growth centre of the global economy, and Australia is one of its premier suppliers of raw materials.

Western Australia and BHP Billiton (ASX: BHP) agreed on Thursday to increase the royalty rate for iron ore after it amended the State Agreements Acts. The deal, however, is subject to approval by the state's parliament.

Rail firm QR National is building a rail system in Queensland that would transport coal from the Galilee Basin to port even if coal mining companies in the area have plans to develop their own rail system.

Barring any possible glitches, cigarettes marketed in Australia will hit the shelves in December 2012 bearing nothing but a plain olive brown packaging and a bold health advisory meant to dissuade smokers from lighting their next stick.

The pilots union of Qantas airlines has challenged before the Federal Court the ruling of Fair Works Australia (FWA) banning the group from staging industrial action.

Google is pulling the plug on the Gmail in BlackBerry and the email app will no longer be downloadable to the smartphone.

Apple and Google continue to ramp up their assault on the mobile gaming sector as the two giant tech firms again registered growth that analysts said could soon obliterate the dominance of previous market leaders that date back in the early 1990s.

Steep budget cuts approved and set to be implemented by the U.S. government over the next 10 years have rattled global firms currently engaged in contracts with the world’s wealthiest nation.

With about 1,500 claims from Thais, Insurance Australia Group (IAG) is expected to pay out $150 million in flood claims following the recent inundation of Thailand.

Everyone would want to have the first dibs on the third installment to the Modern Warfare series The Call of Duty: Modern Warfare 3. It was simultaneously launched in Europe and Northern America on November 8, 2011, with versions on Microsoft Windows, Xbox360, Playstation 3, Wii and Nintendo DS

When you hear Apple, it doesn't always mean perfection. Just like the previous iPhones released, iPhone 4S had its share of shortcomings. So don't fret when you encountered some of these in the course of your mobile experience.

10th November 2011By Peter Switzer, founder of the Switzer Super ReportIt was always going to come, and now Italy has become the new Greece.

There's been an upheaval in the mobile games market in the last couple of years as Sony and Nintendo give way to newer players like Apple and devices running on Google's Android software.

Research in Motion's next smartphone with its new BBX operating system will have the same resolution as the BlackBerry PlayBook. The screen resolution of 1024x600 will be a unique size for smartphones.

Australian retailer Myer announced on Thursday plans to shutter underperforming stores and boost its online presence to reach an overall sales target of $4 billion by 2015.

China's clampdown on its rare earths production has alarmed trading partners led by Japan, which intends to take up the issue at the Asia-Pacific Economic Cooperation Forum in Hawaii.