COMPANIES

Google Wallet, Another Nail in the Coffin for iPhone 5?

It seems like smartphones running on Google's Android platform are slowly, but surely winning the race, while crowd favorite Apple Inc.'s iPhone 5 is still sleeping in some overseas production plants. Android phones now have bigger screens, an improved interface, more powerful processors, and now, virtual wallets?
More news

Toyota Motor Corp. Expects Sales Rebound Beginning October

After a series of recalls due to faulty parts on existing models and reduced production output following the devastating March 2011 earthquake and tsunami, hopes are high for Toyota Motor Corp. it will be able to swing back to profits from its U.S. sales beginning in October.

Bidders Flood Early Windows 8 Tablets on eBay

Windows 8 development tablets are selling like hotcakes on eBay, going for as much as $2,700 apiece, even though they were designed for testing purposes only. The tablets are not supposed to go on the market until 2012.

Court Allows Metcash $250 Million Purchase of Franklins

Federal Court Justice Peter Jacobson ruled on Tuesday in favor of Metcash's and Pick n Pay's planned purchase of supermarket chain Franklins for $250 million because the transaction would not violate the country's anti-trust laws.

Samsung Wants to Block iPhone 5 Sale in South Korea

If anyone is most excited for the much-awaited launch of Apple’s iPhone 5, it should be none other than Samsung Electronics, which reportedly plans to block the sale of the smartphone on its own turf, South Korea.

Qantas Locks Out Striking Workers

The four-hour strike at Qantas which was supposed to start at 7 a.m. in many airports began 3:30 a.m. The early start was caused by the air carrier's alleged lockout of the 3,800 striking baggage handlers, ground staff and caterers.

GVK To Close Financing For Hancock

GVK Group of India is set to close the funding requirements for its US $1.2 billion acquisition of Hancock Coal in Australia in the next few weeks.

Esprit Turns To China For Growth

Esprit has turned to the Chinese market to help increase its profitability and has embarked on a four-year investment program that will cost HK $18 billion.

China Southern Airlines Introduces Airbus A380

China Southern stepped up an airline challenge to its closest rivals as it gears to introduce the Airbus A380 Aircraft superjumbos next month to service the Europe and North America routes.

Telstra Revises Service Packages and Pricing Schemes

As rival telcos unveiled their new broadband pricing schemes, giant Telstra Corporation revealed on Monday new offerings that it hopes would continue to lure customers amidst the approaching roll out of the National Broadband Network (NBN).

Samsung Planning to Block Apple’s iPhone 5 Sale in Korea

Apple's iPhone 5 hasn't been released yet but Samsung is already planning to launch an aggressive legal campaign to ban the device in Korea.Insiders at the South Korean company told the Korea Times that the company plans to up its legal battle with Apple with the next generation of smartphones, starting with the much anticipated iPhone 5.

Strike Forces Qantas To Cancel, Delay Flights

Qantas said more than 6,100 passengers will be affected on Tuesday by the Transport Workers Union's strike as the airline will be forced to cancel 28 flights and delay a further 27 flights by up to 35 minutes.

Facebook + Twitter > Google Plus? Or the Other Way Around?

Facebook is joining forces with Twitter - does this spell doom for Google+? If the outcome depends on the numbers, Google+ could be dead. Facebook has more than 750 million active users and Twitter has 100 million, compared with only 20 million users and no signs of growth so far for Google's social network.

Qantas Pilots Gaining More Support Online

The Australian and International Pilots Association (AIPA), which has been focussing its protected industrial action on raising awareness of the Qantas management plan to offshore jobs, is today marking the two month anniversary of qantaspilots.com.au by thanking the 50,000 individual Australians who have visited the site since its launch in July, and the 22,000 who have signed the online petition to keep Qantas pilots in the cockpit.

Samsung Files Countersuits Against Apple in Australia and Germany

Unable to market in full swing its line of Galaxy tablet computers due to global legal disputes with giant tech firm Apple, South Korea’s Samsung Electronics asked Australian and German courts to invalidate an earlier ruling from a German court that prevents the consumer electronic maker to sell its new products internationally.

Pages