BUSINESS

Global Markets Overview – 1/2/14

If history is to be any sort of guide then January, and specifically today, should be a good one to be long on global indices and risk assets in general.
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Gift Cards: Be Wary, Shop Wisely

Gift cards are a popular present but they are also a rising cause of complaints, with Consumer Affairs Victoria receiving more than 60 complaints about gift cards between 1 January and 30 June 2013, doubling the 30 complaints received for the whole of 2012.

Apple Inc and Carl Icahn Will Go Head to Head in Annual Shareholder's Meeting in 2014

Apple Inc and billionaire activist investor Carl Icahn are expected to battle it out in the company's annual shareholders meeting. Mr Icahn is expected to submit his $50 billion buyback proposal in the February 2014 meeting. Apple Inc's shareholders will be voting on whether or not to accept Mr Icahn's stock proposal to increase the company's buyback program to $50 billion.

Google and Audi Expected to Announce the Android-based Car System

The next battle arena for Google appears to be automobile space as Google in partnership with Audi is rumoured to make a new in-car entertainment and information system next week at Consumer Electronics Show as reported by the Wall Street Journal.

How to Spot Fake Electronics Including Apple and Amazon Kindle USB Adapters and Xbox Game Consoles [WATCH]

Aside from the delicious food, dazzling decorations, beautiful clothes and gifts, the holidays also bring about numerous sales from stores that want to cash in on the consumers' fat wallets and generous spirits. Unfortunately, it is also during this time that a lot of counterfeit products are being sold alongside the real ones. To avoid getting duped into buying fake products, especially electronics, check out some tips on how to spot fake electronics

Lara Croft: Reflections F2P Card Game Being Tested in Australia and New Zealand [WATCH]

The new "Lara Croft: Reflections" will reportedly be a free-to-play (F2P) collectible card game and is currently being tested in Australia and New Zealand. However, it is still unclear if the said game will also be available in the U.S. and in other parts of the world. But, if it turns out that it will be made available worldwide, then it is predicted to be released in 2014. As a free-to-play (F2P) card game, "Lara Croft: Reflections" can be downloaded for free, but gamers might be c...

Apple Inc Shares Climb After China Mobile Deal News, 2014 May be Year of iPhones

Apple Inc shares climbed 3.8 per cent at $570.09 after the company has officially announced and confirmed the deal with China Mobile, the biggest mobile carrier in the world. Now Apple Inc is one of the tech stocks to watch out for in 2014 with analysts optimistic of bigger iPhone sales in the Chinese market.

Cracker Barrel Brings Back Selected Offensive ‘Duck Dynasty’ Products in Shelves a Day After Announcing it Was Pulling it Out [WATCH]

Cracker Barrel Old Country Store, Inc., an American Southern country themed chain of restaurants and gift stores founded in 1969 in Lebanon, Tennessee (TN), announced on Dec. 22, 2013 that they will bring back selected "Duck Dynasty" products that were deemed "offensive" in its stores' shelves just a day after announcing that it was pulling it out.

Next Four Weeks At A Glance

For a more comprehensive preview of next week's events, please refer to "The Monday Report", published each Monday morning.

Silver Bells May Soon Be Ringing

By Sean Brodrick, Resource Strategist, The Oxford ClubThey say that a bell never rings at the top and the bottom of the market.

This Is It, From FNArena, Until Next Year

By Rudi Filapek-Vandyck, Editor FNArenaThis is it Folks! The fact that you are reading this story means FNArena has written and published its final story for 2013.

Target Confirms Credit Card Breach; 40 Million Shoppers Compromised

U.S. retail giant Target Corporation has confirmed reports that it is investigating a security breach on credit and debit card information of its customers. Around 40 million shoppers who purchased from the company’s stores across the country from November 27 and December 15 are feared to be affected by the theft.

Reebok Australia Facing Legal Action For Promising Consumers Toned Muscles

Reebok Australia is under fire for promising consumers toned thighs and calves if they use its EasyTone shoes. The Australian Competition and Consumer Commission has launched legal action against the sports company for making false, misleading, or deceptive representations about the workout shoes.

China Turns Bitcoin into Digital Monopoly Money

Bitcoins plunged to $625 in value as China bans the virtual money on real world use. Its price dropped by $200 when Zhou Jinhuang, People’s Bank of China’s deputy director of payment clearance, told third party payment providers that “they can no longer work with Bitcoin exchanges,” Forbes reported.

After PlayStation 4 and Xbox One, PlayStation 5, Wii and Next XBox Concepts Released

Sony and Microsoft released the PlayStation 4 and Xbox One. As the rivalry continues, gamers can look forward for more next generation consoles. Recent reports hint what people can expect from the next PlayStation 5 and Xbox. There were also reports showing the concept for the next-generation Wii. It will definitely be a packed season.

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