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Australia's Billabong wiped out by profit warning

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Shares in Australian sportswear company Billabong International plunged more than 40 per cent on Monday after it issued a profit downgrade blamed on the European debt crisis.

The surfwear and sports

Tendulkar has ‘helper’ for Aussie series

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A cricket enthusiast listed in the Indian touring squad as an “attendant” is helping Sachin Tendulkar prepare for India's quest to win their first Test series in Australia, reports said on Monday.

Qantas flight dive due to software limitation

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A Qantas plane plummetted more than 1,000 feet in 38 seconds, flinging passengers around the cabin, partly because of a design limitation in the flight control software, an Australian probe found on M

Gates rules out return to Microsoft helm

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Bill Gates on Thursday ruled out ever returning to the helm of Microsoft while dismissing criticism by late Apple founder Steve Jobs, who he called 'brilliant'.

Gates, in Sydney for a family holiday,

Australia face fresh batting woes

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Australia's beleaguered batting line-up faces fresh problems ahead of their Test series against India with Shaun Marsh struggling for fitness and doubts cast over Shane Watson's opening role.

Australia's ruling party votes to lift India uranium ban

Australia's ruling Labor party voted in favour of lifting its long-standing ban on exporting uranium to India Sunday following a passionate debate on nuclear proliferation and environmental fears.

Th

Samsung wins appeal on Galaxy tab ban in Australia

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An Australian court on Wednesday reversed a ban on the sale of Samsung Electronics Co Ltd's Galaxy tablet computers in the country, handing it a rare victory against rival Apple Inc in the firms' inte

Mitchell Johnson faces five months out

Paceman Mitchell Johnson is expected to be out of cricket for up to five months if he has to have foot surgery later this week, Cricket Australia said today.

In a further blow to Australia's injury-d

Mitchell Johnson faces five months out

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Paceman Mitchell Johnson is expected to be out of cricket for up to five months if he has to have foot surgery later this week, Cricket Australia said today.

In a further blow to Australia's injury-d

WikiLeaks wins Australian journalism award

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WikiLeaks has been recognised in Australia for its 'outstanding contribution to journalism', with founder Julian Assange lashing out at 'cowardly' Prime Minister Julia Gillard in an acceptance speech.

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.