australia

The U.S. is hardly alone in losing work to cheaper skilled labor in foreign countries. Australia, Canada and Israel, among others, have dropped off Gartner's list of the top 30 countries for outsourcing. Here's where IT and business-processing jobs are heading.

Qantas Airways (QUBSF) took preliminary steps towards legal action against Rolls-Royce over the grounding of the airline's fleet of Airbus A380s. Qantas filed a preliminary action in Australian federal court, allowing the company to pursue legal action is the airline isn't satisfied with the...

The Qantas Airbus A380 engine explosion earlier this month caused at least $70 million worth of damage to the plane, according to a new report from insurance-consulting company Aon. And the bill from the incident, which caused no injuries, could fly much higher.

Even if you blow your savings over the holidays, you could live in a farmhouse with lots of land for $1 a week. It's the rent that Trundle, Australia, is charging for seven fixer-uppers in a bush town that is somewhat of a fixer-upper as well. Struggling with drought and an exodus of banks and...

Over the last 11 years, Asia's IPO market has ascended while the U.S. market has imploded. Led by China, which has raised $76 billion through IPOs in 2010, Asia's share of global IPOs has increased from 12% in 1999 to 66%. Meanwhile, U.S. IPOs have declined from around 44% to 11% during the same time period, according to Bloomberg.

Airbus SAS and Rolls-Royce Group launched an investigation into why an engine on a Qantas Airways (QUBSF) A380 exploded while the plane was in the air, forcing an emergency landing in Singapore. Investigators from aviation authorities in France, Australia and the UK will all join the...

Qantas Airways (QUBSF) suspended all flights of Airbus A380s after one of its planes was forced to make an emergency landing following engine failure. The A380 fleet will remain grounded "until we are confident that Qantas safety requirements have been met," CEO Alan Joyce said in a statement....

Australia raised interest rates in a bid to control inflation amid an export boom. The country's Reserve Bank raised rates to 4.75 % from 4.5%, surprising most analysts, The Associated Press reported. Booming demand for Australian minerals from Asian countries including China and South Korea...

Retirement is international this days. The London Daily Telegraph, probably Britain's most popular newspaper, recommended 10 retirement locales to its readers. It picked these spots because they are easy on the wallet, as well as pleasant places to live. Both of those attributes are things...

Get a super cheap flight to Australia on V Australia, a new airline from space mogul Richard Branson of Virgin Airlines. Book the deal through Travelocity using the above link. Offer expires tomorrow, Oct. 27, 2010, according to Travelocity, though V Australia says you can purchase a ticket until...