COMPANIES

Qantas Finds Loose Croc in Cargo Hold

A baggage handler of Qantas caught last week a 60-centimetre crocodile at its cargo hold. The reptile escaped from its cage while mid-air on a Brisbane-Melbourne flight.
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Australians Line up to Buy iPhone 5, First to Own Device

Like their counterparts in other global cities, Australians lined up on Friday morning to buy Apple's iPhone 5 officially launched last week but made available only beginning Sept 21 in retail outlets in selected countries.

Sony Unwraps ‘Super Slim’ PS3, Gamers Cry Too Pricey

Sony shrunk the PS3 and called it ‘Super Slim’. Following the superhot route taken by smartphone and tablet makers, the Japanese firm upgraded the ‘look factor’ of its half-a-decade old game console by shaving off unnecessary heft and weight.

NAB Launches Online Share Trading Platform

National Australia Bank (NAB) launched on Wednesday nabtrade, its own online share trading platform which will mainly target investors in self-managed superannuation funds.

Harvey Norman Owner’s Family Shops Online

While Australian retail giant Harvey Norman is one of the leading voices calling for lowering of the general sales tax on items purchased overseas, the company's own chief executive, who is also the owner's wife, ironically buys from online shops abroad to save money.

Yahoo Gets $US7.6B Windfall in Sealed Deal with Alibaba

It took only a few months for new Yahoo chief executive Marissa Mayer to finalise an agreement with China’s Alibaba Group, which in the last two years has not come in to terms with the CEOs that came before her.

Microsoft: IE Patch to be Released Soon to Plug Brower’s Security Hole

Microsoft said on Wednesday that another fix on the freshly identified security hole in Internet Explorer will be dispatched in the next few days, insisting that the patch should temporarily protect millions of global users while engineers work for an IE update.

The Australian Automotive Industry

The automotive industry changes constantly. In Australia, the cost of raw materials and fuel is volatile, regulations are tighter and competition is greater. As a result, innovation is encouraged.

BHP’s Marius Kloppers Tops List of Australia’s Highest Paid CEOs

A study by the Australian Council of Superannuation Investors (ACSI) released on Tuesday identified the top 10 high-paid chief executives in the country. Number one on the list is BHP Billiton Chief Executive Marius Kloppers who earned $11.8 million in 2011 in wages alone.

Aussies Prefer Local Food but Pick Foreign-made Goods

While Australians prefer home-grown food over imported ones, the case is not true for furniture, health and beauty items, clothes, hardware and household appliances which Aussies prefer to buy imported ones due to lower cost and better value.

Winklevoss Twins Invest on Exclusive Social Media Site

The infamous Winklevoss twins, Tyler and Cameron, are now engaged into the social networking business following their legal battles with Facebook co-founder Mark Zuckerberg, leaving the two $US65 million richer.

Nintendo Poised to Unwrap More Wii U Details

Add Nintendo’s Wii U to your holiday gadget shopping list this December as the new game console is likely to hit the global market at around the same time that new tech toys were slated to fiercely compete for consumers’ attention.

iPhone 5 vs Xperia Acro S: Will You Pick Sony's Smartphone over Apple's?

Pitting Apple’s new iPhone 5 against Sony’s Xperia Acro S is pretty much watching the technologies from the two tech giants clashing in full force, with ‘minor’ players invited into the fray because their brand architectures are inside the fresh smartphone releases.

Apple to Outshine Past Achievements on New iPhone Rollout

Much is expected from the new iPhone version. Apart from issuing a reengineered hardware and improved software, all packed into a slick and thin brick, Apple is also pressured to replicate and even exceed what it has been doing in the past half-decade – earning billions and really quick.

Report Estimates $126B Gain from Non-Resource Export to Asia

With mining commodity prices on a downward trend, Australian exporters were advised to look into non-resource export to Asia as another profitable undertaking. A study by global business adviser Boston Consulting Group estimated that businesses outside the mining sector could earn up to $126 billion by 2021 if they shift their attention to this market.

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