A ray of hope emerged as the British Chambers of Commerce upgraded its UK growth forecast for the ongoing year, 2014 and 2015. But also the good news is that consumer confidence substantially climbed in May, according to a separate survey.
Jamelle Agbuis
Jun 03, 2013
India embittered some analysts as the officials informed that the country saw its growth slump to the slowest pace in a decade. The government's measures did not work and the Asia's third economy visibly slowed down, adding to the alarming news on the India's economic conditions.
Jamelle Agbuis
Jun 03, 2013
Not unexpectedly, Tesla Motors Inc. is gathering pace as it has just announced that it will expand its charging stations. The advancement is aimed at giving the owners of electric cars the possibility of having a coast-to-coast ride. But the electric car producer had also a small surprise for its fans.
Jamelle Agbuis
Jun 03, 2013
Motorola Mobility CEO Dennis Woodside teased Moto X to be the first phone earning approval from leaders of Google according to the D11 conference interview. Motorola X is expected to be released later this year with new set of unique features to make it win against iPhone 5s, Galaxy S4 and HTC One.
Ryan Inoyori
Jun 03, 2013
- Falling AUD healthy for Aus Healthcare stocks- Brokers see steady rates as low as 0.96 near-term- CSL and ResMed to benefit most- Hedging limits upside for someBy Andrew NelsonOne Australian industry sector that is already enjoying the recent weakness in the AUD, at least in terms of positive fore...
Admin System
Jun 03, 2013
The recent stock performance of Apple Inc. has left investors disappointed. The last six months saw the tech giant's share fell 22%. The company also suffered a double-digit loss this year. This happened even if S&P 500 rose to 15% during the same period. The loss reflects Apple's underperformance compared to last year's figures.
Reissa Su
Jun 03, 2013
Economist Nouriel Roubini, in a fearless forecast on Project Syndicate, projected that the price of gold would likely plummet to about $1,000 before the end of 2015.
Vittorio Hernandez
Jun 03, 2013
A study by Cisco found that 90 per cent of young people in Australia, or those under 30 years old, fear having no mobile phone. That fear is called nomophobia.
Vittorio Hernandez
Jun 03, 2013
Microsoft is cutting prices of its Surface tablets in what is seen as the tech giant unloading its inventory to prepare for refreshing the Surface line.
Vittorio Hernandez
Jun 03, 2013
Besides releasing in October 2013 the Moto X smartphone, Motorola Mobility's first handset since it was acquired by Google, the company is working on new methods that would make remembering passwords unnecessary.
Vittorio Hernandez
Jun 01, 2013
May; A month which was charactarised by the US Federal Reserve signalling, tacitly or otherwise, that it was developing a strategy to exit its quantitative easing policy. The impact on the local market has been significant. The ASX200 has shed 4.7%, marking its worst decline in 12 months. Additionally there has been a precipitous decline in the Aussie dollar which has also dealt confidence a blow. The local unit has lost more than 7% in May.
Vittorio Hernandez
May 31, 2013
Breon Nagy of Minessota becomes the first man in the world to have recorded a wedding proposal using the wearable computer Google Glass. Nagy proposed to his designer girlfriend Amanda Ingle in Leeds Castle in Kent, Britain.
Frances Samson
May 31, 2013
HTC is rumoured gearing up to battle the upcoming Samsung Galaxy Note 3 with HTC T6 featuring 5.9 inches of screen display and Android 5.0 Key Lime Pie.
Ryan Inoyori
May 31, 2013
Up until just before lunch, the Australian market was improving for the third time this week. Global markets were up modestly overnight, with shares in the US up 0.1 per cent while the German market jumped by 0.8 per cent.
Vittorio Hernandez
May 31, 2013
Clothing retail giant H&M has promised to invest more on healthy or plus size models for its advertising campaigns. The company admitted that they previously focused on too-thin models becoming irresponsible in the process. For a change, the company’s newest advertising campaigns will be about healthier bodies.
Precious Silva
May 31, 2013
October 2013 is another special date should be mark to all gadget fans out there as iOS 7, iPhone 5s, Android 5.0 Key Lime Pie and LG Nexus 5 are expected to be launched on the same season.
Ryan Inoyori
May 31, 2013
By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
Admin System
May 31, 2013
Investors are leaving the iron ore industry as price of the key steel-making ingredient went down anew to $112.90 per tonne. The 22 per cent cut in iron ore price from the average price of $145 per tonne in the March quarter would result in $18 billion losses for iron ore producers in Pilbara.
Vittorio Hernandez
May 31, 2013
A prototype device from LG is being tested for at least a month which revealed to be the upcoming Nexus 5 running Android 5.0 Key Lime Pie and expected to come out by October this year.
Ryan Inoyori
May 31, 2013
By Rudi Filapek-Vandyck, Editor FNArena****Shares of mining services providers have been significantly de-rated since the second quarter of 2012.
Admin System
May 31, 2013
Investors in Australia have grown a little more cautious following double digit returns for equities since mid-2012, despite having only sparingly participated in the rally.
Admin System
May 31, 2013
The Moto X smartphone will move from being a rumour to a real device in October when Google's Motorola Mobility will roll out the mobile phone which will be manufactured in Fort Worth, Texas.
Vittorio Hernandez
May 31, 2013
By Greg PeelThe Dow closed up 21 points or 0.1% while the S&P gained 0.4% to 1654 and the Nasdaq added 0.
Admin System
May 31, 2013
Touted as one of the largest investment to be made by ABP China Holding Group, the new business gateway, which is to be developed on 35-acres of Royal Albert Docks by the company, will be the 'third largest financial district in the capital.' A news byte by Greater London Authority discusses the project and underlines that the venture would generate £23 million in business annually.
Jamelle Agbuis
May 31, 2013
The property market is slowly recovering as the mortgage lender announced that the UK saw home price increase mildly in May. In fact, the country witnessed the fastest annual rate in 18 months as official initiatives started bearing fruits.
Jamelle Agbuis
May 31, 2013
Local shares slumped by 0.9 per cent today, comfortably wiping out the previous two sessions of gains. The falls were partly due to the Organisation for Economic Cooperation and Development (OECD) cutting growth forecasts for the global economy overnight.
Vittorio Hernandez
May 30, 2013
Michael Bay and his team are gearing up for Transformers 4. Production of the fourth installment of the movie franchise has started and the director was generous enough to provide a sneak peak – two new Autobots and Optimus Prime’s new look.
May 30, 2013
Facebook advertisers pulled out their ads after an anti-sexism campaign drew attention to Facebook pages that contained posts promoting violence against women.
Reissa Su
May 30, 2013
Australian stocks have hit a 5 week low in early trade following weakness on Wall Street overnight and a cut to global growth forecasts from the OECD.
Vittorio Hernandez
May 30, 2013
Cathy Kearney, 49, works for Apple Operations International in the city of Cork. Kearney is in charge of Apple's successful operations in Ireland. Apple's subsidiary in Cork is responsible for selling iPhones, iPads and Macbooks to African, European and Middle Eastern markets.
Reissa Su
May 30, 2013
