COMPANIES

The nightmare of Qantas' aircraft maintenance engineers is about to happen as the flag carrier announces likely on Monday the closure of its maintenance bay at Tullamarine Airport. The shutter would lead to the axing of more than 400 jobs.

A new report shows that Apple has plans to release a 4-inch screen iPhone 5 in order to compete with the latest smartphone from Samsung which is Samsung Galaxy S III.

More changes are taking place in Australia’s embattled retail industry as Centro Retail Australia sold half of its stakes in three premium shopping centres, while Retravision Southern is teetering towards administration.

Two major players in the oil and gas exploration industry agree that Australia would be the largest exporter of liquefied natural gas (LNG) by the end of the decade.

The debate between Transport Minister Anthony Albanese and Sydney Airport authorities over the reason behind plane delays continues.

A day after the New South Wales government released strict guidelines in response to a video of a local abattoir that practiced animal abuse, the federal Agriculture Department announced that it fined two Australian cattle exports that used substandard Indonesian slaughterhouses.

Android in Australia is now growing according to recent survey reports. This means that Google's Android system is now working its way on top of the smartphone war, thus, is it really close to overtaking Apple as the number one smartphone not only in Australia but all over the world?

There is too much milk supply available globally that Dairy Australia warned Aussie farmers to expect a 10 per cent to 15 per cent drop in milk prices in 2013.

Samsung Galaxy S III was released early in London much to the delight of customers who pre-ordered the latest smartphone recently.

A Macquarie consortium purchased for $4.1 billion the gas grid of German energy firm E.ON. Open Grid Europe runs Germany's biggest gas transmission system and is about 12,000 kilometres long.

Samsung is the king of smartphones for the first quarter of 2012, based on the latest global sales data released on Thursday by Gartner.

Apple will issue a new iPhone version later this year and based on reports that emerged, the hit gadget will come with a bigger screen, ditching the standard screen size that the smartphone has been carrying since its 2007 market debut.

Tech giant Apple, Inc. (NYSE:AAPL) will be introducing its new operating systems and MacBook Pros at this year’s WorldWide Developer’s Conference but iPhone 5 will not be included in the surprises.

Australia belongs to the Apple universe, according to Google, which means more iPhones have been activated in the country than Android-powered smartphones as of the first three months of 2012.

Australia's fourth largest bank, ANZ, said on Wednesday that it would invest million more on its China expansion venture. In 2010, ANZ initially invested $395 million which resulted in the opening of six branches in Beijing, Shanghai, Chongquing and Guangzhou.

If 2011 was a bad year for Australian retailers, the industry should not expect an improvement for 2012 since new research shows that Aussie consumers plan to hold tighter to their purses this year.

The Minecraft Xbox 360 release date is one of the most anticipated events in the world of gaming. This is evident through the figures released stating that the game has already sold more than 1 million copies since it was released in the market last May 9, 2012.

Facebook has generated enough market excitement that experts said its public offering debut would easily attract total buys that would kick up the company's value at around $100 billion.

Australia's mining sector continues to gallop, while the rest of the economy trails behind.

Apple co-founder Steve Wozniak said that consumers should not blame the company for the constant program crashes of Macintosh computer during the 90s. He said that it was Microsoft’s fault.

The Fair Work Ombudsman will go over the books of about 120 cafes, restaurants and fast food outlets in Adelaide to check abuse of workers, particularly in the area of wages.

Facebook co-founder Eduardo Saverin has decided to junk his American passport, believing that his U.S. citizenship would prove impractical as he stays most of the time in Asia, where he has long-secured residency status.

Sony Corp, once the envy of its rivals, chalked up anew billions in yearly losses, pointing to the sagging fortune of the Japanese firm that once crafted consumer electronic products that became ubiquitous in global households.

Samsung Electronics has finally started rolling out Android 4.0 or Android ICS updates for Samsung Galaxy Note. The lucky people who would first experience the update would be Samsung Galaxy Note users in Europe.

Many people who have Android-based smartphones and tablets are becoming frustrated due to the lack or slow roll out of Android updates. Both Google and mobile carrier AT&T are refusing to take the blame for this situation.

Intel’s chief executive Paul Otellini predicted that a hybrid of tablet and ultrabook will be “the next big thing” in the tech world.

Your Facebook account will soon be like your iOS and Android phones as it will launch its App Center in the coming weeks.

Australian miner Dart Energy said on Friday that it would no longer drill a coal seam gas (CSG) well in St Peters, Sydney, The firm confirmed its statement in a filing with the Australian Securities Exchange.

Facebook, the largest social networking site in the world recently announced that they will be launching their own app store. This is the company's latest strategy in profiting from the large population registered in Facebook.