The A$2.8 billion ($2.6 billion) takeover bid submitted by US foods giant Archer Daniels Midland to acquire Australian grains handling company GrainCorp has been rejected.
Michael Jordan's $29 Million 56,000 square foot mansion auction was reportedly rescheduled on Dec. 16, 2013. According to Concierge Auctions, the company responsible for putting up "Air" Jordan's house, the demand for the said mansion has increased so much in the last few days, with a lot of inquiries from potential buyers asking about it that they decided to postpone the previously scheduled Nov. 22, 2013 auction to Dec. 16, 2013.
With the US markets closing early for Thanksgiving and another indifferent night in Europe (except for the DAX which made another all-time high) leads in the Asian region are few and far between.
In European economic news, German flash CPI inflation jumped from 1.2pct to 1.6pct in November. The numbers suggest that Eurozone CPI inflation will also bounce significantly tomorrow. Eurozone confidence surveys improved further in November. The economic confidence reading rose to 98.5, the business climate indicator, services and industrial confidence readings all improved. All are indicative of ongoing gradual recovery in the economy.
Apple Inc's shares has closed at $545.96 Nov. 27, up by $12 from the previous day's close of $533.40. This was the first time that Apple's share price has been in the positive range since January 2013 when stocks closed at $542.17.
As J.Crew arrives in British shores, Bloomberg Businessweek imagines the United Kingdom's most loved royals wearing America's unofficial uniform.
LinkedIn, the popular business networking site, has announced it has one million users in New Zealand and 259 million users worldwide. According to Nielsen’s Market Intelligence Survey, LinkedIn had 63,525 average daily users from New Zealand browsing the site in October.
Along with the close of the year 2013 is the end of the age of crisis, Japanese investment bank Nomura said in its yearend report and forecast for the global economy for 2014.
Local stocks are trading higher at lunchtime in the East, following yet another record high on Wall Street overnight. The US Dow Jones Index rose by 0.2 per cent to a new record, while the NASDAQ closed at a fresh 13 year high.
Nokia New Zealand has apologised to clients and its followers on Twitter for its offensive tweet. The abusive tweet caused a retweeting frenzy in Twitter with images of the Nokia NZ's tweet being reposted around the Internet.
Stores and sellers like Best Buy, Walmart, Target as well as Apple Store have got something in store for customers this Black Friday 2013. For those who cannot go to their official Apple Store, there are a range of online and physical store offerings for Apple products. Soon as Black Friday drops, people can expect a range of incredible Apple iPhone Black Friday deals and other offerings.
Cheap imitation of luxury Burberry products could surge in China after its national trademark office rejected the company's copyright claims on its tan, black and red tartan iconic symbols. China has a company which similarly makes products bearing the same design.
New Zealand wants to partake in the growing global market for lifestyle wines, described as lesser-alcohol and lower-calorie content. In fact, New Zealand wants to be the world's global top diet wine maker.
Goldman Sachs report a looming recession to Australia
Louis Vuitton is set to dismantle the giant suitcase they installed at the Red Square in Moscow following an order from the presidential administration for its removal.
The Nokia Lumia 1520 Windows Phablet will reportedly be available in UK by the 1st week of December 2013 and it will cost £550 as well as be sold SIM-free.
After positive overnight data, consumer confidence is still low.
In US economic news, durables goods orders fell by 2.0pct in October on the back of aircraft orders. The ex-transportation reading fell by a more modest 0.1pct. The final Michigan confidence reading edged up from 72.0 to 75.1 in November. The Chicago PMI dipped from 65.9 to 63.0. US jobless claims fell by a larger than expected 10,000 to 316,000 last week and raised expectations for a strong November payrolls number.
There are conflicting accounts on the success of New Zealand online retailers' first Click Monday sales as organisers claimed up to 10 times hike in online sales, while a marketing expert expressed disappointment with the range of items and price tags.
Australian Treasurer Joe Hockey is open to the possibility to remove the 49 per cent cap on ownership of Qantas Airways for the flag carrier to compete better with Virgin Australia and other state-owned airlines that undercut ticket prices.
By Greg PeelThe Dow closed up 23 points or 0.2% while the S&P gained 0.2% to 1807 and the Nasdaq added 0.
After the success of its rollout of the BBM app for iPhones and Android devices with 20 million downloads on the first week, embattled Canadian phonemaker BlackBerry launched on Tuesday its social network - the BBM Channels.
Apple Inc's rumoured deal with China Mobile may only be one of the good news that the company has coming into the holiday season. The latest version of the iPhone, the iPhone 5S, still enjoys high demand from consumers wanting to purchase the device. Apple Inc may have finally caught up with the demand just in time for the holidays.
Google just released their latest OS update through Android 4.4 KitKat. The Android 4.4 KitKat update offers a variety of features including a more harmonized approach to the operating system. Likewise, the update has also decreased the fragmentation among the devices. Nonetheless, the OS is not close to being perfect as Google will soon roll out minor bug fixes for Nexus 4, Nexus 7 and Nexus 10.
Local stocks were on a greasy slope from late morning until the close of trade on Wednesday, with the ASX 200 ending at the lows of the session on reasonable volume. Almost $4.3 bln shares trade on the session.
The city of Toronto in Canada topped the list of 25 global cities indexed by YouthfulCities, an organisation that assists youth in building better cities.
While Australian and Indonesian heads of state are talking about signing codes of ethics to resolve the diplomatic row over spying, supermarkets in Australia are mulling a code of conduct in relation to their suppliers.
Two months after, Italy wants to buyback the pristine Budelli Island it has sold to New Zealand Businessman Michael Harte for $4.8 million at an auction.
Officials from the Japan Sport Council has conceded to public rage and announced it has decided to scale back the proposed 70-metre mammoth stadium intended for the Tokyo 2020 Olympics.
A report from the Australian Bureau of Statistics revealed Australia’s population booming to 46m by 2075.
