World stock markets retreated on Thursday after the U. S. Federal Reserve forwarded a note of watchfulness in its latest evaluation of the world's No. 1 financial system.

The central bank's statement, which escorted a conclusion to leave interest rates at a record low, added to discomfort after feeble housing statistics recommended that the U. S. financial recovery is not smooth and susceptible to chaos in the markets.

The Civil Aviation Authority has ordered airlines to inspect a loophole in airport security, after major errors were revealed yesterday.

A TV3 sting operation involved replication of boarding passes and checking in extra luggage by making use of an unsuspecting traveler's identity.

Ex- Apprentice New Zealand competitor, Chris Whiteside is taking an oath to donate proceeds that is earned from to his new business enterprise during its first year of operation to jilted passengers of charter Company, Fly Direct Ltd.

Whiteside has bought the business from liquidators and re-launched it as travel booking site flydirect. co. nz offering flights, accommodation, rental cars and cruise bookings.

A designed high-speed fiber link between New Zealand, Australia and the US has been given an enhancement with the appearance of a number of high profile investors.

The line-up of friends and family of the original investment squad comprises of ex- Fairfax Chief Executive, David Kirk, investment Advisor, Gareth Morgan, Seaworks Chairman, Bill Day and MYOB Founder, Craig Winkler.

With the Wednesday launch of the third preview of the Internet Explorer 9 (IE9) Platform, the Microsoft IE team has kept its word about releasing an update of IE9 after every eight weeks. The third preview launches with support HTML 5 video and audio.

In addition, via the latest IE9 Platform Preview, Microsoft has also notably enhanced IE9’s speed and support for Web standards, including the Canvas bitmap graphics drawing standard or the Web Open Font Format (WOFF).

In a part of a recent study published in this week’s edition of the journal Nature, astronomers have issued a premonition about the first-ever “superstorm” in the atmosphere of a planet beyond our solar system; projecting carbon monoxide winds with speeds more than 3,000 miles per hour.

According to the report by the astronomers, the planet – called HD 209458b or Osiris – is already well-known in the sense that it was the first world beyond our solar system known to have an atmosphere.