U.S. carrier Delta Air Lines has been named as the '2014 Airline of the Year' by the Air Transport World magazine. It's been 10 years since the award was given to an American airline company.
Sellers continued to make their case in early trade on Friday. There have been few consolations on offer for the bulls in recent days. A small positive has emerged on Friday. On several occasions sellers attempted to force the index through the 5250 area on a sustained basis. However buyers seemed content to defend this area. Having failed on 4 occasions, sellers retreated. Thereafter the market recovered ground quickly to be in positive territory at lunchtime. The question this afternoon will b...
A bankruptcy court in the U.S. has approved the assets sale of Montreal, Maine and Atlantic Railways (MM&A), seven months after it figured in a fiery railway crash in Lac-Megantic, Quebec that killed 47 people.
Kourtney Kardashian and her husband Scott Disick reportedly purchased the house of former NFL star Keyshawn Jones in Calabasas, CA., just a few doors away from Justin Bieber's house in the same neighborhood.
Residents in British Columbia, Canada, have been reportedly hoarding medicines containing potassium iodide amid radiation scares coming to their shores from Japan's crippled Fukushima nuclear power plant.
Hong Kong real estate tycoon is offering HK$1 billion ($120 million) to anyone who will marry his lesbian daughter and can make her steer away from lesbianism.
Risk continued to trade with a negative tone after price action broke down in yesterday's Asian trade. The selling was really triggered by the disappointing HSBC China PMI reading which came in contractionary territory, and disappointing earnings in the US didn't help the situation.
n US economic news the flash Markit PMI eased from 55 to 53.7 in January. Slower rates of output and new order growth were behind the modest fall. The leading economic indicators index rose by 0.1% in December. US existing home sales rose by 1% in December. Existing home sales totalled 5.09 million units over 2013 - a seven year high. The national median price for existing homes was up 9.9% on a year ago. US jobless claims rose by 1,000 to 326,000 last week.
Horticulture New Zealand warned the country's fruit and vegetable exporters that their produce could be blocked by overseas market because one pesky Queensland fruit fly in Northland was discovered.
Corporate Knights, a Canadian investment research company, named on Thursday Australian bank Westpac as the world's most sustainable company. The recognition was given at the World Economic Forum in Davos, Switzerland.
Apple Inc is once again the target of billionaire activist Carl Icahn as he posted on Twitter that he bought US$500 million more shares within the past two weeks. With his latest investment in Apple, Mr Icahn's shares are now worth more than US$3 billion. With Mr Icahn's additional investment, Apple Inc's share price climbed 0.5 per cent at US$552.09 after its previous increase of as much as 1.5 per cent. The billionaire investor has made it clear he is not against Apple management but ...
A disappointing monthly reading on the health of China's manufacturing sector pushed the Australian market and dollar lower this afternoon. The All Ordinaries Index (XAO) slipped by 1.1 per cent, the most significant daily loss in a week.
Effective March 1, 2014, Beijing will no longer be approving proposals for new constructions of industrial plants, including oil refining, steel, cement and thermal power plants. Proposals for improvements of existing ones will likewise be barred.
The Australian sharemarket is slipping for the third time this week and for the 11th time in 15 sessions. The All Ordinaries Index (XAO) is down 0.1 per cent. China's HSBC Flash Manufacturing PMI will be issued at 12.45pm (AEDT) and measures the state of manufacturing activity in China. The market is expecting a slight rise from 50.5 to 50.6. A reading above 50.0 indicates manufacturing industry expansion. A surprise could move currencies.
A new research published in the Proceedings of the Royal Society B has found that flu medications can actually help spread the influenza viruses more rapidly from one person to another.
Despite terrorism scares and anti-gay sentiments, prices of hotels in Sochi, Russia, host of the 2014 22nd Winter Olympics, have started ballooning and could reach by as much as $243 per night, a whopping jump of 121 per cent.
A U.S. District Court Judge in California on Tuesday has ruled that Korea's Samsung did infringe Apple Inc's autocorrect patent technology, two months before the telecoms giants face each other for a late March trial date.
US markets have provided no platform for Asia to move higher, so it seems we will need to see China come out firing again for the ASX 200 to make any upside traction.
European shares edged higher on Wednesday, led by solid results from Dutch technology firm ASML. But concerns about earnings across the broader market kept a lid on the advance. ASML the world´s leading provider of tools for making computer chips, rose by 7%, after it beat forecasts for fourth quarter results and reinterred an upbeat outlook for first-half sales. Portuguese shares (down 3.3%) underperformed the broader market, pressured by a slump in the country´s banks after local media reporte...
The questions posed by that YouTube uploader would probably be answered soon as embattled Canadian phonemaker BlackBerry is selling the bulk of its commercial real estate holdings in the country. It would combine vacant sales and sale-leaseback arrangements to divest itself of the properties measuring about 3 million square feet of space.
Credit card skimming would soon become a thing of the past since beginning Aug 1, credit and debit card holders in Australia would no longer need to sign for the purchases of over $100. Instead, they would key in PIN codes in an attempt to significantly cut payment fraud.
SplashData, a company that specializes in password management applications (SplashID Safe line) for more than 10 years just announced the Worst Passwords of 2013 list featuring the 25 most common passwords found in the Internet. The "123456" number sequence topped the list as the worst password of 2013. It has been a runner-up for two times already and now, it has finally landed the number one spot. It beat the worst password of 2012, which is the word "password."
The Australian share market closed in the red today but managed to rally off earlier lows thanks to gains from financial stocks.
China's dangerous air pollution isn't only confined to harm its residents. It has been found to be dangerously invoking more severe and frequent cyclones in the northwest Pacific.
The Australian share market is being sold off on Wednesday, following a mixed lead from Wall Street and despite European shares rallying to a fresh five and a half year high.
Apple Inc is in another legal battle. The iPhone maker has been slapped with a lawsuit in Massachusetts by three customers who alleged that the company had been selling users' personal information to third parties.
Some 1,700 employees from the aerospace division of Canadian aeronautics company Bombardier are bound to lose their jobs in the coming weeks.
Electricity suppliers have managed to restore all of Auckland's power supply on Wednesday after ex-tropical Cyclone June's powerful wild winds hit the area on Tuesday.
Iron ore producers in Australia are under pressure following the drop to a six-month low of prices of the key steelmaking ingredient to $124.80 per tonne. The price decline was mainly due to Chinese iron ore buyers retreating.
Fundamental questions around strength of the US earnings remain; after having seen a 30% gain on the S&P in 2013, the current earning season is masking what really is a disappointing start.
