BUSINESS

Australian Stock Market Report – Afternoon 3-15-13

The Australian sharemarket rose by 1.7 per cent today, largely making up for three consecutive days of weakness. Even when taking into account today's gains, the All Ordinaries index has slipped by 0.16 per cent over the past five sessions. Since the start of January 2013, the local market has jumped by 9.96 per cent, making it the best start to a new year in 21 years. Today was the biggest daily improvement for the All Ords since mid-July 2012.

43% of Smartphone Users’ Time Spent on Games as App Use Averages 2 Hrs/Day

A study by Flurry Analytics found that apps the average smartphone user spends two hours daily with app, twice the amount of time spent in 2011. While many apps are considered productive, one alarming discover of the report is that 43 per cent of the apps were for games such as the popular Angry Birds.
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IoD Chief Sharply Criticizes UK’s Banks

Simon Walker, the director general of the Institute of Directors, sharply criticized UK's banks such as Barclays and Royal Bank of Scotland for offering excessive employee compensation in the form of wages and bonuses. Moreover, Simon Walker has underlined that UK's banking industry is being harmed by bankers' short-term self interest as banks are breaching the bonus cap formulated by the European Union.

Samsung Galaxy S4 Preview Roundup: What the Huge Jump was All About?

The rumours, at least most of them, proved true and Samsung Galaxy S4 generally came out as consumers would want it to be – thin, light, smooth, eye-candy, power-packed and brimming with features that seem to convince every penny is worth the buy.

The Overnight Report: Almost There

By Greg PeelThe Dow rose 83 points, or 0.6%, while the S&P gained 0.6% to 1563 (2 points shy) and the Nasdaq added 0.

Google Prepares Funeral for Google Reader RSS and Kills Off Google Voice for Blackberry

Another part of Google's various services will shut down on July 1, 2013, as part of their spring cleaning. The company decided to axe down the Google Reader RSS which was launched back in 2005. The last update of the product was an integration for the Google+ social network and the removal of the Reader's own sharing service.

Windows 8 and RT Has Twitter App Now

The social media site Twitter has launched its first app for Windows 8 and Windows RT. The newly launched Twitter app justified the platform by including Windows 8 focused features such as support for Windows 8 share, Search charms, snap view, live tiles and notifications.

Investment Opportunities in a World of Debt and Struggle

For much of its history, Australia had to wait months for news from the northern hemisphere to reach its shores. Early settlers crowded the docks when a new ship arrived from England to get the 'latest' news. It was usually delayed by at least 6 months.

Thomas Cook Focuses on its Turnaround Strategy

On the 13th of March, British travel firm Thomas Cook informed that it aimed to improve its profits by around £350 billion by 2015 through its turnaround strategy. The 171-year-old UK tour operator plans to reduce the number of its stores, dispose non-core businesses and concentrate on online sales as it is trying to stand on its feet.

CBI Urges UK Government to Build New Homes

The Confederation of British Industry, UK's leading lobbying organization, suggested that the forthcoming 2013 Budget should be centrally focused on creating around 50,000 new homes in order to reduce fiscal deficit. Moreover, the British Chambers of Commerce supported the plea put forward by the CBI to promote infrastructure.

Samsung Dominates Android, Threatens HTC and Google [Videos]

Both HTC and Samsung are being watched closely by people around the world with their two monster flagship devices. HTC One M7 was launched at the recent Mobile World Congress 2013 and amazed many with its unique features such as HTC Zoe, BlinkFeed, dual-speakers with amplifiers, and HTC Voice Sense. Samsung Galaxy S IV will make its own solo performance in New York City tomorrow evening, March 14, 2013.

Samsung Dominates Android, Threatens HTC and Google (Videos

Both HTC and Samsung are being watched closely by people around the world with their two monster flagship devices. HTC One M7 was launched at the recent Mobile World Congress 2013 and amazed many with its unique features such as HTC Zoe, BlinkFeed, dual-speakers with amplifiers, and HTC Voice Sense. Samsung Galaxy S IV will make its own solo performance in New York City tomorrow evening, March 14, 2013.

Weaker China Impacting On Copper

By Jonathan BarrattCopper is not performing on the back of disappointing economic data from the number one consumer of the metal, China.

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