The Australian sharemarket slid for the second straight day, despite the best improvements in a month in the US last night. The All Ordinaries Index (XAO) fell by 0.4 per cent, with only the defensive healthcare sector, industrials and IT industries escaping the selloff.
Vittorio Hernandez
Sep 05, 2013
Huawei Australia has announced the opening of a new office in Brisbane with nine staff to be added to its staff of 700, to which 85 per cent of that number are locals. Huawei already has offices in Sydney and Melbourne. The opening of the new Brisbane office will help extend the company’s operations and consumer reach in Australia. The Lord Mayor of Brisbane Cr Graham Quirk has signed an agreement with Huawei, a telecommunications giant in China, to encourage local students to study and learn...
Reissa Su
Sep 05, 2013
Australian Competition and Consumer Commission (ACCC) on Wednesday said, it will not oppose the proposed acquisition of Gambro AB by Baxter International Inc. This decision of the Commission follows an undertaking submitted by Baxter that it will sell part of its Renal Replacement Therapy business.
Sunny Peter
Sep 05, 2013
Sneaky Germans may have found several ways to dodge the law on how to bring in foreign currency in the country from abroad, but border authorities usually detect the smuggling attempts.
Vittorio Hernandez
Sep 05, 2013
The Australian share market remains in the red on Thursday, despite predictions of a solid session. Overnight, Wall Street recorded its best gains in more than a month, rising 0.7 per cent and setting the SPI futures up for a 0.3 per cent gain locally.
Vittorio Hernandez
Sep 05, 2013
Microsoft won the patent trial against Motorola as the courts decided that the company failed to observe fair and reasonable licensing terms when it negotiated with Microsoft over the Wi-Fi and H.264 intellectual property. A district court had previously ruled that the standard, essential patents of Motorola were not worth $4 billion as claimed by the company. According to Microsoft's public statement, the patent trial win was a milestone for those who want tech products to be affordable and...
Reissa Su
Sep 05, 2013
If Lenovo Chief Executive Officer Yan Yuanqing could be considered the ideal boss, having given this week his more than $3 million bonus to the tech firm's 10,000 workers, the opposite is true for the store manager of Journeys in Rochester, New York, whose staff resigned en masse by publicly leaving their open letter to him.
Vittorio Hernandez
Sep 05, 2013
Microsoft won the patent trial against Motorola as the courts decided that the company failed to observe fair and reasonable licensing terms when it negotiated with Microsoft over the Wi-Fi and H.264 intellectual property.
Reissa Su
Sep 05, 2013
Xiaomi Inc maybe only three years old in business in China, but the fact it has managed to snag Apple's market share, never mind if its products are mostly knock-offs, could be an indication it could also very well conquer the world soon.
Esther Tanquintic-Misa
Sep 05, 2013
Nokia Australia announced that Nokia Lumia 1020 will be available in the country by Sept 17.
Athena Yenko
Sep 05, 2013
A hypersonic scramjet is all set to be launched from a site above the Arctic Circle this September. The project, led by University of Queensland is supported by Defence Science and Technology Organisation (DSTO) and international research team of 13 partners and sponsors.
Sunny Peter
Sep 05, 2013
Although it has yet to receive reports or complaints of accidents and injuries, Ford Motor Co has ordered the recall of some 370,000 vehicles across its U.S. and Canada markets due to issues on the steering shaft of the involved units.
Esther Tanquintic-Misa
Sep 05, 2013
Offering enhanced security, online payment service portal, PayPal, announced, on Wednesday, the launch of its expanded Seller Protection policy for merchants in Asia Pacific. The policy, which will become operational on Oct 11, 2013, helps protect merchants from fraudulent online transaction and cases where items are not received by buyers.
Sunny Peter
Sep 05, 2013
Cherry Blossom Sushi Bar Newton outlet had pleaded guilty of 40 breaches on food hygiene
Athena Yenko
Sep 05, 2013
A Melbourne woman won a $1,660 refund from Prada over a champagne stain on a Prada skirt
Athena Yenko
Sep 05, 2013
By Jonathan BarrattAt the moment our focus remains on Syria for the next move in oil. As mentioned, Syria does not produce any oil of note however investors see any military invention by the US as a regional issue and as such a premium is being built into the market.
Admin System
Sep 05, 2013
Consumers who were wowed by the specs of the Samsung Galaxy Gear smartwatch at its unboxing on Wednesday, Sept 4, in Berlin, Germany, and New York City, could buy the watch as early as Sept 25 for $299.
Vittorio Hernandez
Sep 05, 2013
In the past editions of ZDNET reviews, the Samsung Galaxy S4 was only runner up as best Android smartphone, with the HTC One getting the top honours.
Vittorio Hernandez
Sep 05, 2013
Kim Dotcom seems to have a few more surprises up his sleeves. After his tweet about plans to launch a political party in New Zealand - a leak which he attributed to “whistleblower”- picked up storm, it is now known that he quit as director of Mega, the cloud hosting service that he launched with much fanfare in Jan 2013, after his previous file sharing venture Megaupload was shut down in a U.S. driven operation, following allegations of mass copyright infringement and money laundering.
Sunny Peter
Sep 05, 2013
Whether you agree or not that the US ought to strike Syria, there is one reason it will: Because it has to. (Indeed, the bombing may already have started by the time you read this.)
Jamelle Agbuis
Sep 05, 2013
By Greg PeelThe Dow rose 96 points or 0.7% while the S&P gained 0.8% to 1653 and the Nasdaq added 1.1%.
Admin System
Sep 05, 2013
Yesterday's data dump was a non-event. Retail sales rose 0.1%, the current account deficit widened a little, and the RBA didn't change interest rates. The ASX200 followed suit with its own dramatic move, rising 0.16%.
Jamelle Agbuis
Sep 05, 2013
By Chris Weston, IG MarketsEvery now and then the market picks a currency, throws it firmly in the spotlight and runs with it.
Admin System
Sep 05, 2013
During an interview, Apple Inc’s co-founder Steve Wouzniak had a bunch of things to say about Apple, the iPhone and where the Cupertino-California is headed in the absence of the late Steve Jobs, former CEO and co-founder.
Jacob Cherian
Sep 04, 2013
The Australian share market closed in the red today for the first time since last Wednesday as concerns of a US led invasion into Syria jittered investors around the globe and saw a slide in commodity prices during Asian trade.
Vittorio Hernandez
Sep 04, 2013
Australian packaging major, Amcor Ltd., is strengthening its position in the growing Indian packaging sector to achieve organic and inorganic growth. Meanwhile, reports say, the company plans to split its divisions - retaining its plastics divisions and establishing a new company for its other units.
Sunny Peter
Sep 04, 2013
With millions of dollars worth of fruits and vegetables going to waste each year, due to inadequate storage infrastructure, India has sought expertise from New Zealand for the development of cold storage facilities in the country.
Sunny Peter
Sep 04, 2013
Verizon’s decision not to enter the wireless market in Canada any more may turn out to be critical for Canadians.
Sounak Mukhopadhyay
Sep 04, 2013
Slow growth is expected to continue in the near term as the economy adjusts to lower levels of mining investments, says Glenn Stevens, Governor of the Reserve Bank of Australia (RBA), in his statement on monetary policy decision issued on Tuesday.
Sunny Peter
Sep 04, 2013
In the wake of the Nokia-Microsoft $7.1BN deal, can Nokia improve problematic Microsoft Windows phone image and why does Nokia refuse to sell its full patent to Microsoft?
Athena Yenko
Sep 04, 2013