SYDNEY, Dec. 1 (UPI) -- Australia's biggest airline Qantas said Monday it would invest more than $1 billion in Jetstar, a new carrier to compete with Sir Richard Branson's Virgin Blue.

JEJU ISLAND, South Korea, Oct. 31 (UPI) -- Global airlines have been put on alert against possible fresh outbreak of the deadly severe acute respiratory syndrome (SARS) epidemic, which devastated the world's aviation and tourism industries earlier this year.

Here is a look at Friday's top business stories:

Here is a look at Wednesday's top business stories:

Here is a look at Thursday's top business stories:

SYDNEY, March 1 (UPI) -- If Ansett, Australia's one-time second airline, were a food, it would be a souffle. A souffle does not rise twice. And nor, it seems, will Ansett, after a five-month battle to save the collapsed airline ended on Wednesday this week, leaving Qantas and Sir

SYDNEY, Dec. 18 (UPI) -- Look! Up in the sky! Is it a bird? Is it a plane? Actually, it's a whole new airline!

SYDNEY, Nov. 20 (UPI) -- It's annual meeting time, and in austere halls around Australia, shareholders have signalled it's open season on the company boards and executives of some of the nation's biggest corporations. They're under fire like never before.