AUSTRALIA

England's Trott salutes the crowd after scoring a century on the second day of the fourth Ashes cricket test against Australia at Melbourne Cricket Ground.

England take control after Ponting loses his cool

On the second day of the fourth Ashes test at Melbourne, England took control with a brilliant century from Jonathan Trott which gave the visitors a 346 lead with five wickets remaining at the end of the day's play.
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Sony

Sony Debuts iTunes Competitor

Sony announced its monthly subscription based streaming music service, Music Unlimited powered by Qriocity, has made its official debut in the United Kingdom.
Air New Zealand

Virgin Blue and Air New Zealand granted alliance

Virgin Blue and Air New Zealand have been approved for an alliance for three years during which both the airlines will have to coordinate over schedules, routes between New Zealand and Australia, airfares, and capacity.
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Sony launches online streaming-music service

In what appears to be Sony's success in its efforts to link its hardware with online content-delivery services, the Japanese electronics behemoth said on Wednesday it has launched an online streaming-music service, the Wall Street journal reported.

Is South Korea's live-fire mega drill a futile exercise?

US diplomats in Washington once dubbed North's Korea's military drills as 'fish-killing' activities. Yet the South, backed by the Obama administration, has been continuously holding live-fire drills in the disputed zone of the Korean Peninsula. With a continual military activity, the coming months could only witness a deteriorating situation in the peninsula, unless both sides are pressured to engage in a dialogue.

What IHS predicts for global economy in 2011

Contrary to the prevailing view, the U.S. economy will gain growth momentum in the year ahead, while GDP will grow stronger in Europe and Japan, research firm IHS Global Insight has said in its forecast for 2011.
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Rio Tinto near deal on $3.8 billion Riversdale bid: sources

Anglo-Australian miner Rio Tinto is finalizing a $3.8 billion takeover bid for Africa-focused Riversdale , according to two sources, upping an earlier offer as it seeks to gain key coking coal supplies amid soaring demand from India and China.
A general view of Machu Picchu ruins April 1, 2010.

Tourism hotspots of 2010

While UN World Tourism Organisation recently announced that France will be the most sought-after place in 2010, places such as Scotland, Israel, Bethlehem and the like remained horded for some unusual charms. Here’s a list of world’s 10 tourist hotspots that saw an incredibly rise in tourism interests in 2010.
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KKR's $1.7 billion bid for Perpetual off

Australian wealth manager Perpetual has called off talks with private equity firm Kohlberg Kravis Roberts & Co over a $1.7 billion takeover saying the approach undervalued the company, knocking its shares down by nearly 15 percent.
Teammates congratulate Harris for taking the wicket of Prior during the third Ashes cricket test in Perth.

Australia win third Ashes test, level series

It took Australia only 50 minutes on the fourth day of the Perth test at WACA, the third of the series, to take the remaining five wickets and land a 267-run win against England.
Australia's Johnson celebrates the wicket of England's Trott during their third Ashes test in Perth

Johnson's swings Australia into form

Australia restricted England to an abysmal 187 through a brilliant Mitchell Johnson's 6-38 before extending their lead to 200 runs in their second innings on the second day of the third Ashes test at Perth.

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