So we've decided to chronicle our attempt to join an Aussie Rules football team. The Daily Reckoning seems like as good a place as any to do this for your amusement. Thrilling, right?
Yesterday we discussed credit and credibility. Today we want to explore how this relates to currencies.
What’s so sexy about the new Lumia 920? Nokia chief designer Marko Ahtisaari points to the Windows smartphone’s natural ability to fuse what is both physical and digital, creating an advance device that remains in touch with being ‘human and organic’.
William Knox D’Arcy: The Greatest Australian You’ve Never Heard Of
While our political leaders push, shove and bicker like stupid kids in a playground, signs of a weakening economy continue to mount. Yesterday, Rio Tinto told investors it plans to slash $5 billion in costs by 2014. Mining services companies duly suffered more share price falls.
On the 30th of November, Osram informed that it would downsize another 4.700 jobs as well as sell its plants to better compete with Asian rivals. The job cuts at Osram will help the company save approximately €1 billion ($1.3 billion) and improve profitability as the market for traditional light bulbs shrinks significantly. Earlier this week Siemens AG announced to spin off Osram.
A report by Malaysian daily The Star on Sunday said that the country logged 24 cases of electronic hacking involving RM3.3 million in losses. The hacking of smartphones took place between January and September 2012. The reports highlights the vulnerability of smartphones to cyber hacking and other malicious threats through the mobile phones' short messaging service (SMS) which is celebrating 20 years of use on Dec 3, Monday.
- JBH needs to boost flagging revenues- Plans to trial home appliance expansion- Not what analysts had in mind- Scepticism reignsBy Greg PeelHands up who remembers Brashs? In the 1980s Brashs became the iconic, large chain, go-to music store during the vinyl-to-CD transition, as well as selling "bro...
Several smartphone units are now capable of controlling other devices such as TVs, cable boxes and Blu Ray disc players. Usually, smartphones have built-in applications to perform such a task, but in some cases, applications can fill in and only require wireless connection to execute the task.
South Korean technology giant Samsung will release the world's first flexible smartphones in 2013, BBC reports. However, Samsung has yet to officially confirm if the new technology would be on the next Galaxy S or Galaxy Note smartphone or if it will roll out a new line of Galaxy Flexible smartphones.
Australian Resource Minister Martin Ferguson and Queensland Premier Campbell Newman are in India to sign a $10-billion agreement with the Indian company, The Adani Group, to develop a coal mining project in the Galilee basin.
Twenty years ago, 22-year-old British engineer Neil Papworth sent the message "Merry Christmas" to an Orbitel 901 mobile phone from his office computer. It was the world's first text message and since then the number of people who use the short messaging service on their cell phones had grown to 4 billion.
Sixteen Chinese miners were trapped on Saturday after a coal mine in Qitaihe City, Heilongjiang Province in northeast China was flooded. The 16 are among 22 miners deployed by the Furuixiang Coal Company.
America succeeded largely because it was a single, centralised nation... one of the largest, richest landmasses in the world... populated by one people. No trade barriers kept the Indianans from selling to the Texans.
Archibald Colquhoun returned from a trip to Myanmar (Burma) enthusiastic about the opportunities in the country. He wrote a book about it all: Burma and the Burmans: Or, 'The Best Unopened Market in the World'.
On the 29th of November, Japan's industrial companies Mitsubishi Heavy Industries Ltd and Hitachi Ltd informed that they had reached a basic agreement to merge their thermal power units as they try to compete against global giants, including Siemens and General Electric.
On the 29th of November, Kingfisher Plc posted its third-quarter profit. According to a statement, the Europe's largest home-improvement retailer saw a 6 percent drop in the period ended October 27 as sales declined in its main markets in France and the UK, not to mention that the company's results were affected by unfavorable foreign exchange movements as well.
As the trading week wound down, regional markets were generally set to finish in positive territory. Notwithstanding various economic data points being released over the last 5 days, the overwhelming influence on market sentiment came from headlines related to political developments on the US fiscal Cliff. On that score the last 24 hours has yielded more optimism that US politicians will be resolve this critical matter in a timely fashion. They have 32 day left in which to deliver.
The Australian sharemarket is improving for the fourth time this week, with the All Ordinaries Index (XAO) up 0.5 per cent or 20.7 pts to 4510.8. Global market rose overnight thanks to mostly positive economic news. A report showed that the U.S economy continues to grow; the number of Americans filing to receiving jobless benefits fell and there were additional positive signs for the U.S housing market.
Sony announced on Thursday the return to store shelves of its Xperia Tablet S after it temporarily pulled out the units due to a technical glitch. With its return, the device's phablet war with a similar device, the Microsoft Windows Surface, is expected to be revived.
By the end of 2016, at least 17 million mobile phones will be using 4G services in Australia with the spontaneous growth of smartphones and other mobile devices using this kind of network. That means within four years, almost half of all mobile connections in the country will be on 4G LTE.
Competition between Australia's two major stock exchanges is becoming tougher as the Chi-X and ASX disclosed separately measures designed to snare a larger slice of the stock market amid a background of weak trading and poor investment sentiment.
By Peter Switzer, Switzer Super ReportHere's what I expect to happen to stocks and the global economy as we head into the New Year, and I've thrown in a couple of stock tips as well.
The dust from Qantas's fallout with Tourism Australia over the alleged meddling of a private consortium at the air carrier's policies and decision has barely settled, yet new groups are in for the prowl ready to get a piece of the $40-million marketing deal with the airline.
By Greg PeelThe Dow closed up 36 points, or 0.3%, while the S&P gained 0.4% to 1415 and the Nasdaq was up 0.
After a brief pullback yesterday, the Australian sharemarket benefited from a late surge in American equities overnight. This was following positive comments relating to the U.S fiscal cliff in late trade. The market has been extremely sensitive to comments concerning these budget deficit problems, which U.S parliament has a little over a month to resolve.
By all indications, the Lumia 920 is fast-becoming a hero phone for Nokia, which analysts said represents a much-needed push for a struggling firm that has seen lacklustre product debuts and market battering in the past few years.
The back page of today's Australian Financial Review has an illustration of a roided out Kangaroo, the kind you see on a one Australian dollar coin, but with Schwarzenegger like muscles. The story is called, 'Leaps and bounds in $A demand.'
Hurricane Sandy has the undesirable distinction of being one of the ten most expensive hurricanes in US history. In the days before Sandy impacted, it was forecast to be 'large, slow-moving and no doubt very costly.'
Local stocks are recording positive gains at lunchtime in the East, despite a fairly flat start to the trading session. Overnight, Wall Street staged a remarkable comeback on hopes an agreement on the Fiscal Cliff could be reached before Christmas.
