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INTERNATIONAL BUSINESS NEWS ....................
Indian authorities are probing whether online giant Google broke domestic foreign-exchange transactions rules while shifting funds abroad, the Press Trust of India reported on Friday. ... more
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Australia's central bank Friday trimmed its growth and inflation forecasts for the year to June and signalled it has leeway to cut interest rates amid uncertainty over Europe's debt crisis. ... more
President Barack Obama's budget to be released on Monday will project a $1.3 trillion deficit for the current fiscal year, slightly higher than $1.296 trillion in 2011, an administration official said. ... more
Australian newspaper circulation slid four percent in the last quarter of 2011 compared with the same period the previous year, figures released Friday showed, amid hopes the decline has stabilised. ... more
Rupert Murdoch's eldest son Lachlan was Friday appointed chairman of commercial broadcaster Network Ten as it looks to make inroads on its key Australian rivals. ... more
The US Federal Bureau of Investigation on Thursday released a 191-page file on Steve Jobs which paints an occasionally unflattering portrait of the late Apple founder. ... more
Barack Obama turns his focus Thursday to a crisis that could conceivably end his presidency, but over which he has little control, welcoming Italy's Prime Minister Mario Monti for Europe debt talks. ... more
Oil prices rose on Thursday, with Brent hitting six-month highs in part due to hopes of a Greek debt deal -- helping to offset a slight cut in OPEC's demand growth forecast. ... more
World-leading mobile phone maker Nokia will cut 4,000 jobs at its smartphone manufacturing facilities in Finland, Hungary and Mexico by the end of 2012, it said today. ... more
Yahoo! chairman Roy Bostock announced Tuesday he was stepping down from the board of the struggling Internet company along with three other directors. ... more
Australia's central bank left official interest rates steady at 4.25 percent Tuesday, saying global conditions had, on balance, improved and local growth and inflation were close to target. ... more
An Australian pilot is suing Virgin Australia after reportedly claiming he hurt his back carrying a heavy flight bag full of charts which he argues could have been left on the plane or stored on an iPad. ... more
An outbreak of iPhone fever made Apple the third hottest mobile phone maker worldwide at the end of 2011, according to the International Data Corporation (IDC). ... more
Qantas chief Alan Joyce on Monday warned the airline would be forced to slash services and expressed "grave fears" for its future if proposed laws strengthening its ties to Australia went ahead. ... more
London Heathrow Airport cancelled 30 percent of its flights Sunday to cope with heavy snowfall overnight and possible freezing fog at Europe's busiest passenger air hub. ... more
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Mario Draghi, President of the European Central Bank (ECB), addresses the media during the press conference following a meeting of the ECB Governing ...
