While you were off enjoying the Australia Day holiday, which was actually on Saturday, markets around the world mostly went up...again. This is all pretty standard in the era of the omnipotent central banker.
Research in Motion (RIM) will finally launch Blackberry 10 and this is one of the most expected event in technology of the once dominant OS in the United States. Currently, Blackberry owns only 1.1 percent of total market share in mobile devices which is now populated by Google's Android.
For 2013, oil and gas seem to be the "in" resource in Australia, while iron ore and coal are "out." Even Gina Rinehart, Australia's richest person, is jumping into the oil bandwagon by investing $4.25 million in Lakes Oil (ASX: LKO) by purchasing the company's unsecured notes.
By Greg PeelThe Dow rose 72 points, or 0.5%, while the S&P gained 0.5% to 1507, although the Nasdaq, weighed down by some poor mid-cap tech stock results, closed not quite a point lower.
Having risen 1.3% last week ,the local share market maintained its constructive note, rising by more than 1 on the Tuesday, the first day of a holiday shortened week . The Australian stock market tradeded at new 21-month highs despite the news pulse from US and European hemespheres being less than positive.Every sector measured by the ASX registered solid gains. The impact of the east coast storms was the main focus for insurers and miners as investors attempted to 'bottom line' the matter...
After few years, finally Toyota Motor Corp. got it. According to data released on the 28th of January, the Japan's company has discrowned US General Motors Co. and has become the world's top carmaker after 4 years.
Ryanair witnessed strong profits in its third fiscal quarter ended December as the company enjoyed extensive pre-holiday reservations. The increase in fuel prices, however, did not seem to affect the profits of the airline.
Former French President Nicholas Sarkozy is the latest high earner to do a runner from France. He wants to set up a private equity fund in London and will be escaping the 'tax the rich' environment in his former home. French actor Gerard Depardieu broke the same news a few months ago.
The maker of Cartier jewelry Richemont SA posted its third quarter results showing that sales in the period grew by approximately 5 percent at constant exchange rates and about 9 percent at actual rates.
Galaxy Note 2 owners on Verizon will be able to enjoy anew the excitement of flashing custom ROMs on the popular Samsung phablet, thanks to the bootloader unlock modification from XDA Developers.
The increase in consumer prices proved to be lower-than- expected in the fourth quarter, widening the scope for the Reserve Bank of Australia to cut down on interest rates to help lift the weakened economy. Also, the low rate of inflation pushed the Australian dollar to depreciate.
As more and more people wake up to the dangers of fluoride, chlorine, pharmaceuticals, and the many other toxic compounds found in municipal water supplies, the market for bottled water has exploded. But in the process, some major food and beverage corporations have unwittingly begun peddling that very same tap water in bottles as "pure," a deceptive labeling term that is the subject of a new trade controversy in Europe.
The Japan's Ministry of Finance informed that the annual trade deficit in 2012 increased to record $78 billion as the country saw its exports continue to decline due to a territorial dispute with China and prolonged crisis in Europe. The new Prime Minister, Shinzo Abe, tries to introduce new measures aimed at boosting the struggling economy.
The Australian share market continues to trade at 20 month highs, resuming trade after the Australia Day long weekend on a positive note. Investors are focusing on strong gains on offshore markets at the end of last week, rather than the subdued finish during Monday's session on Wall Street. In early trade, the All Ordinaries Index (XAO) rose above 4900 points for the first time since early May 2011, after the Dow Jones Index added 1.8pct over the course of last week.
At last! The UK Green Deal energy efficiency scheme is due to be entirely launched on the 28th of January. The green initiative has been strongly backed by Nick Clegg, the Deputy Prime Minister, and Ed Davey, the Energy Secretary.
Starbucks Corp. reported a 13 percent jump in profits in its first fiscal quarter which was driven by high-end sales in the US and China, where other cafes have suffered losses lately. The results matched the expectations of analysts who predicted similar high rise profits.
Santander UK is speculated to be eyeballing a £2 billion acquisition of Clydesdale and Yorkshire banks as it wants to bolster and expand its presence in the Great Britain.
Worldbex Services International (WSI), the leading events and exposition management company in the Philippines takes charge to another year of Asia’s largest and much anticipated building and construction trade show, the 18th Philippine World Building and Construction Exposition – WORLDBEX 2013 “ON SOLID GROUND” at the World Trade Center Manila and Philippine Trade Training Center this March 13-17, 2013 from 10AM to 8PM.
What is the bestselling smartphone brand in the United Kingdom? For UK retailers, Samsung’s Galaxy S3 and Galaxy Note 2 easily comes to mind as a new report showed that British phone sellers are more inclined to introduce the handsets to consumers over Apple’s iPhone 5.
After all, it seems that the long battle for Fraser & Neave Ltd. is over. Apparently, a group led by Overseas Union Enterprise Ltd. decided to withdraw from the race as it did not increase its bid to match Thai billionaire Charoen Sirivadhanabhakdi's offer of approximately $11.2 billion for the Singapore-listed property and beverage company.
Samsung is beefing up its tablet arsenal for 2013 with reports emerging that the South Korean tech titan is all set to refresh the Galaxy Tab 2 lines via the Mobile World Congress in Barcelona next month.
It's morning in the world again. Yes, the sunshine beat down upon Southbank this morning. Your editor was out for a stroll after an early morning breakfast with some visiting colleagues. The armies of marching (and cycling) workers betrayed no sign of citizens under siege during a great war.
Apple’s iOS 6.1 is out beta stage following updates from the tech giant that shoved its mobile platform into full version a few days after developers were first given a taste of software fixes deployed with the patch.
By Andrew NelsonLast week was certainly a busier one in the uranium market, with nine deals done and nearly one million pounds of uranium changing hands.
Twitter launched its first video service client to iPhone and iPod touch users that currently have issues about inappropriate content. The app is called Vine which can be used to search pornographic video clips. Vine allows a user to shoot and upload high quality videos with a run time of 60 seconds, which also loops.
Nexus 4 is making its way to different markets around the world, courtesy of local Google partners. Its latest destination appears to be in the United States via giant retailer Best Buy, which plans to sell the LG-manufactured very soon, reports said.
The Java 7 Update 10 on December 2012 was exposed to vulnerabilities against hackers and cyber criminals. The new update on Jan 13, 2013 has two new flaws which also makes it susceptible to digital attacks.
There are different theories why Apple continues to weaken while Samsung zooms past its main rival but once business partners. Some experts explained it to Samsung's engineering marvel and marketing expertise.
Australian DJs Mel Greig and Michael Christian's controversial radio show, Hot 30, got bumped off the air by a new interactive radio show aptly titled The Boot. Their call to the King Edward VII hospital in London to inquire about the state of Duchess Catherine's pregnancy led to the suicide of nurse Jacinta Saldanha who passed on the call to another nurse, who in turn, divulged the medical information, thinking it was the Queen herself who was on the line.
Thirteen McDonald's outlets the past two weeks across Australia had been using the fastfood chain's Aussie nickname, Macca's, to celebrate Australia Day. They will temporarily use that name until Feb 3.