MARKETS

Abercrombie & Fitch has offered money to Michael "The Situation" Sorrentino, a character on MTV's TV show "The Jersey Shore," to stop wearing A&F products.

Shares in European banks and leading financial services firms fell sharply on Wednesday after French and German leaders failed convince to traders concerned about the euro zone debt crisis and instead rekindled plans for a financial transaction tax.

French President Nicolas Sarkozy was forced to bring forward a meeting he had planned with his Prime Minister Francois Fillion after German Chancellor Merkel agreed to attend a meeting to draft plans to improve governance of the euro zone later on in the day, according to his office.

To combat Microsoft and Apple's "anti-Android" patent accumulation tactics, Google is set to pay an inflated $12.5 billion for smartphone and tablet maker Motorola Mobility.

News International has announced a full-year operating income of £3.08bn. The figures show a 12 per cent increase driven by the success in television and cable networking programming with BSKYB and Fox News performing well for the company.

Cosmopolitan is launching its 64th international edition this week in Singapore, 28 years after the title was banned by the government over concerns about the effect of its content on children.

Leonardo DiCaprio jumps from fifth to first place to beat Depp for the first time. Over the past year Depp earned $50 million to DiCaprio's $77 million. Both actors have achieved wealth and fame by making some unusual choices with their careers.

Joe Jonas, 21, has made the transition from cute teen to dashing man right before our eyes.

Google's chief lawyer Kent Walker has warned that Apple and Google's ongoing patent war will end up hurting consumers.

The odds of winning the lottery are small. Very Small. The odds of winning it twice are near impossible. So imagine the surprise of one family when they went to cash in their third win.

New research indicates that Apple's ongoing dominance of the smartphone market may eventually turn what is currently a full on derby, into a two horse race between it and Samsung.

BlackBerry maker Research in Motion is set to cut 11 per cent of its staff to compensate for its ongoing poor financial performance.

Despite both companies posting record quarterly growths in both profits and revenue, for the second quarter in a row Apple has outperformed Microsoft.

Tech giant Microsoft has exceeded analysts quarterly financial estimates, with strong sales of its Office software and Xbox 360 games console leading the charge.

A report from Juniper Research has prophesied that by 2016 the world's smartphone market will grow by more that 230 per cent.

iPhone and iPad maker Apple has posted record sales growth in its latest quarterly financial statement, exceeding even the most optimistic analyst's forecasts.

Is Britain on The Brink of Another Financial Crisis?

For his involvement in Google's 2005 Android Inc. takeover Oracle has submitted a formal request asking the U.S. District Court to depose Google co-founder and CEO Larry Page.

Tech Giant Apple has increased the cost of apps for its iOS running iPhone and iPad devices by an average rate of 17.5 per cent.

Fresh allegations of phone hacking emerge as News of the World is accused of trying to hack victims of 9/11 terrorist attacks.

With the News of the World newspaper's phone hacking scandal still fresh in the public's mind, British government lawyers have begun planning ways to block Rupert Murdoch's BSkyB bid.

While its AntiSec campaign continues, Anonymous hackers have released a recruitment video for a new three phase coordinated plan it promises will change the world.

Some of the heat has come out of the Aussie over the last 24 hours after the RBA doused expectations of two further rate hikes this year. This could see the Aussie come back to test support at 1.0600. After seeing a move back to 1.0600, traders could then be looking to a bounce from support.

Shares in British banks were up on the FTSE 100 in morning trading following Greece's apparent decision to embark on severe austerity measures.

Shares in British banks were up on the FTSE 100 in morning trading after Lloyds Banking Group gave an update on its business review.

Shares in British banks were up on the FTSE 100 in morning trading as Greece looked set to pass a series of austerity measures aimed at preventing a default.

Shares in British banks were broadly up on the FTSE 100 in morning trading after France promised action aimed at putting off a Greek default.

Shares in British banks were broadly up on the FTSE 100 in morning trading despite the ongoing debt crisis in Greece.

Shares in British banks were up on the FTSE 100 in morning trading as concerns about the eurozone and Chinese economies were eased.