There have been some very interesting corporate developments over the Easter break around corporate auctions. AstraZeneca, the UK's second largest pharmaceutical company, received a takeover bid from US giant Pfizer, Newmont Mining and Barrick Gold are in talks for a 'merger of equals' as US medical company Allergan is under interest from investment activist William Ackman - a deal which is believed to be worth over US$50 billion.
Vittorio Hernandez
Apr 22, 2014
In US economic data, the national activity index eased from a revised reading of +0.53 points in February to +0.20 points in March. The leading index rose by 0.8% in March, higher than the market expectation for a gain of +0.7%.
Vittorio Hernandez
Apr 22, 2014
It would soon be easier to smuggle into dorms and even restaurants alcohol drinks without detection with the recent approval by the Alcohol and Tobacco tax and Trade Bureau of alcohol in powdered form.
Vittorio Hernandez
Apr 22, 2014
The mysterious disappearance of Malaysian Airlines Flight 360 seems to have created a Flight 370 syndrome characterised by air passengers fearing the worst-case scenario once their plane turns around or diverts from its original route.
Vittorio Hernandez
Apr 21, 2014
Despite criticisms and vulnerability regarding the Heartbleed bug, Dropbox, a U.S. online storage giant, has announced it will soon open in Sydney to further support Australian customers.
Jenille Cristy Maido
Apr 21, 2014
Google has filed a new patent application with the U.S. Patent Office for a contact lens, which comes embedded with a tiny camera.
Pavithra Rathinavel
Apr 18, 2014
For Apple Inc.'s investors who expect a strong June quarter, Chuck Jones, a prominent writer of Forbes, has lower expectations. Wall Street's predictions for Apple's June quarter is equally disappointing for those hoping for a big Apple comeback.
Reissa Su
Apr 18, 2014
The ASX 200 ended Thursday's session with a flourish having posted highs in the late morning. The index tapered away in the afternoon although it kicked higher to end the week with a gain of almost 0.5%. This was a noteworthy turnaround considering the weak tone that marked the early part of the week.
Vittorio Hernandez
Apr 17, 2014
Google's 2014 first-quarter revenue has fallen short of Wall Street expectations as the price of its ads declined.
Pavithra Rathinavel
Apr 17, 2014
The Australian sharemarket is rising for the third straight day, driven by firmer global markets overnight. The All Ordinaries Index (XAO) is still above 5400pts this shortened trading week.
Vittorio Hernandez
Apr 17, 2014
For countries about to construct nuclear power plants, or even those that had, a floating facility built offshore would serve best against tsunami and earthquake threats.
Esther Tanquintic-Misa
Apr 17, 2014
Apple Inc. (NASDAQ:AAPL) is set to have its conference call discussing its second fiscal quarter financial results on April 23, 2 p.m. PT / 5 p.m. ET.
Athena Yenko
Apr 17, 2014
The Royal Canadian Mounted Police has arrested a 19-year-old Canadian in relation to the Heartbleed security breach.
Apr 17, 2014
US equities advanced yet again as earnings continued to underpin confidence in the recovery and US data encouraged. With no fresh negative tape out of the Ukraine sentiment remained positive.
Vittorio Hernandez
Apr 17, 2014
In US economic data, housing starts rose by 2.8% to an annual rate of 946,000 in March, below expectations for a result near 973,000. Industrial production rose by 0.7% in March, above expectations for a gain of 0.5%.
Vittorio Hernandez
Apr 17, 2014
Beijing-based Sina Weibo is due to debut this week in New York through an initial public offering (IPO) that seeks to raise at least $340 million.
Vittorio Hernandez
Apr 17, 2014
Apple Inc. is expected to reveal its Q2 FY 2014 quarterly earnings on April 23 after the final trading call. What do analysts' expectations reveal?
Reissa Su
Apr 16, 2014
Nike has shown good performance in overall sales and continues to gain growth worldwide. But the popular sports brand still faces a tough challenge with its projected sales in China.
Daniel Joseph Cruz
Apr 16, 2014
While Twitter users feasted over the US Airways inadvertent post of a not safe for work photo on Twitter, many businessmen could deeply reflect over this accident to keep their company's reputation in good standing.
Ma Evelyn Castino Quilas
Apr 16, 2014
The Australian sharemarket closed above 5400pts, partly boosted by a slightly better than expected Chinese economic growth. The All Ordinaries Index (XAO) jumped 0.6 per cent to 5412.6. On Monday the local market sank to three-week lows. Volume has been subdued due to public holidays.
Vittorio Hernandez
Apr 16, 2014
The Australian share market is continuing to add to Tuesday's gains in the early session on Wednesday, after US markets rode out a volatile session on a high note.
Vittorio Hernandez
Apr 16, 2014
Australia has launched its first Bitcoin ATM in Sydney despite troubles and a threat from the National Australia Bank (NAB) that it will close the accounts of businesses trading in crypto-currencies, including Bitcoin.
Esther Tanquintic-Misa
Apr 16, 2014
Global equities were mixed with US markets continuing their recovery, while European and emerging markets struggled. US markets struggled early as China growth fears and Ukraine concerns weighed on equities, but they managed to reverse on earnings optimism. Earnings from Johnson & Johnson and Coca Cola impressed, while Intel came in mildly better than expected.
Vittorio Hernandez
Apr 16, 2014
In US economic data, the headline and core measures of consumer prices (the latter excludes food and energy) both rose 0.2% in March, above forecasts for a 0.1% gain. The New York Federal Reserve manufacturing index eased from +5.61 to +1.29 in April. And overall capital flows into the US lifted from US$83 billion in January to US$167.7 billion in February.
Vittorio Hernandez
Apr 16, 2014
Is it a case of lost in translation or a deliberate marketing gimmick to be talked about? Such questions would likely pop in the mind of fast food lovers when they read a particular item on the menu of a Burger King branch in China - the PooPoo Smoothie.
Vittorio Hernandez
Apr 16, 2014
Thousands of Commonwealth Bank of Australia (CBA) customers were angry at the lender on Tuesday because a network hardware failure caused an outage that made it impossible to withdraw money. The clients vented their ire on social media.
Vittorio Hernandez
Apr 16, 2014
The Australian sharemarket partly made up for the substantial losses recorded on Monday. The All Ordinaries Index (XAO) rose by 0.5 per cent after recording its worst performance in four weeks yesterday. The index failed to finish above the key 5400pt level. It was a quiet session on the volume front, with only $3.9 billion worth of shares changing hands leading up to a number of public holidays.
Vittorio Hernandez
Apr 15, 2014
Facebook is planning to diversify its horizon beyond social networking.
Pavithra Rathinavel
Apr 15, 2014
Australia is the 13th cheapest place for purchasing the latest iPad
Athena Yenko
Apr 15, 2014
A Piper Jaffray survey has found the number of American teens using iPhones is rising based on the previous year's 48 percent to 61 percent this 2014.
Judith Aparri
Apr 15, 2014
