IBT Staff Reporter

Global equity markets staged a massive relief rally on Monday after officials agreed to a $1 trillion emergency rescue package to halt a festering sovereign debt crisis in Europe from engulfing the rest of the world.

The government will be reviewing the services of renal dialysis in Central Australia after it was heavily criticised for sending indigenous patients away from Alice Springs which is much closer to them.

The AUD is fairly unchanged from yesterday's close to be currently trading around USD0.9030 despite the huge gains posted in the offshore equity markets.

Google Inc displaced iPhone maker Apple Inc to become the second most popular provider of smartphone software in the United States during the first quarter, the latest sign of the increasing competition in the fast-growing mobile market.

The Obama administration believes Toyota Motor Corp is paying closer attention to safety concerns, but Washington continues to investigate the carmaker and will not rule out a new fine, the top U.S. transport official said on Monday.

The Australian Dollar opens at 0.8970 today after another turbulent 24 hours.

Stocks racked up their biggest one-day gain in over a year on Monday as an agreement on a $1 trillion emergency rescue package from the EU quelled fears a new credit crisis would derail European economies.

A $1 trillion emergency package to stabilize the euro zone unleashed a spectacular rally in world stocks on Monday but the euro wiped out initial gains as worries about the region's debt problems persisted.

When executives gather for the annual Cable Show industry event in Los Angeles this week, two issues will be near the top of the agenda: rising programing fees and the growing threat of new Web video services.

(Corrects paragraph 9 and subhead reference to Toyota progress to strong from some)

Scientists in Australia have found that people with family history of diabetes put on extra weight from overeating compared to people with no family history of the disease.

The small pill that altered the direction of women's rights and human sexuality - introduced in the US back in 1960 and marketed in Australia six months after - turns fifty on Tuesday.

Under the new proposed amendments of the Sex Discrimination Act, those who discriminate against breastfeeding mothers would be facing serious legal actions.

The hepatitis C scandal in Victoria triggers more controversy as threats of legal actions against the state's Medical Practitioners Board, a clinic and a doctor multiplies.

Based on a worrying recent survey released by the Heart Foundation, more than half of all Australians said they would not be sure on what to do if they suddenly were experiencing a heart attack.

Stocks racked up their best one-day gain in over a year on Monday as an agreement on a $1 trillion emergency rescue package from the EU quelled fears a new credit crisis would derail European economies.

Stocks ended sharply higher, racking up their largest daily advance in over a year, on Monday as an agreement on a $1 trillion emergency rescue package from the EU quelled fears that a new credit crisis would derail European economies.

SAIC Motor Corp, China's biggest automaker, sold 33.7 percent more vehicles in April than a year earlier, as policy incentives continue to bolster automobile demand in the world's largest auto market.

Car sales in China and India, the world's two fastest growing major markets showed solid growth in April as government incentives and strong economic expansion continued to pull buyers into showrooms.

Real estate can be an engine or a brake for the U.S. economy. And today, it's mostly slowing things down.

U.S. President Barack Obama and his team have been in close contact with their counterparts abroad on the European debt crisis, the White House said on Monday. The president and his economic team have been following and have been engaged in this situation for quite some time, White House spokesman Robert Gibbs told reporters.

Chrysler could raise its financial targets for 2010 in the second half of the year and aims for a public offering of its stock as quickly as possible, Chief Executive Sergio Marchionne said on Monday.

With the International Monetary Fund (IMF) and European Union chipping in to rescue Greece from the financial mess by announcing schemes worth billions of dollars, the biggest beneficiary is metal market.

The United Nations' Food and Agriculture Organization (FAO) has forecasted 4% increase in the global rice output this year with the expected production of 643 million tons of rice in Asian region.

After the US launched its first palladium ETF recently, it is the turn of South Africa now South African stock exchange operator, JSE, will launch a platinum ETF soon. It is also looking to list an Africa ETF in South Africa, with blue-chip companies.

Vanessa Smith McTier knew she needed to focus more attention on promotional activities for her growing human resources consulting business. Her challenge was finding the extra time and resources when she was already stretched sourcing and delivering billable projects.

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in the iceberg-infested waters off Greenland. The island, an autonomous territory under Danish sovereignty, this week conducted an auction for 14 blocks in Baffin Bay, off the northwest coast of Greenland near Canadian territorial waters. Results will be announced in August.

U.S. stocks surged on Monday as an agreement on a $1 trillion emergency rescue package from the EU quelled fears that a new credit crisis would derail European economies.

NEW YORK (Reuters Health) - Men who carry the virus that causes genital warts may be at increased risk of HIV infection, a study of Kenyan men suggests.