BUSINESS

China’s Geely Acquires Taxi Maker Manganese Bronze

After all, there are happy endings... Chinese car manufacturer Zhejiang Geely Holding Group Co. informed that it acquired legendary cab maker Manganese Bronze for approximately £11 million. The producer of London's black taxis run into financial difficulties and entered administration in 2012. It seems that Manganese Bronze's legend will be restored at last.

Production Report Makes Independence's Day

- Independence Group increases production & grades- Reduces costs- Exploration potential- Two brokers upgrade to BuyBy Greg PeelIf commodities analysts had to pick one metal/mineral offering little in the way of enthusiastic price upside in 2013 it would likely be nickel.

Advertising Shifts Substantially Into New Media

-Advertising spending to improve-But mostly in new media-Publishers face strong headwinds-TV advertising to reboundBy Eva BrocklehurstTraditional media is on a downhill road, advertising spending is choppy, debt levels are high.
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Australian Stock Market Report – Midday 2/1/2013

Following on from a quick pullback yesterday, the local market is improving for the 11th time in 12 trading sessions. The All Ordinaries Index (XAO) is up 0.7 per cent or 36.6 pts to 4937.6. The market is anticipating economic news out of China between 12pm (AEDT) and 12.45pm (AEDT) which could drive markets this afternoon.

Your Editor On Twitter

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.

Imperial Tobacco’s Mood Spoiled by Black Market Sales

On the 30th of January, Imperial Tobacco Group Plc. informed that the first-half profit would decline because of black market sales and the deepening crisis in Europe. Along with the announcement on the half-year profit outlook, the Europe's second-biggest tobacco company revealed that Robert Dyrbus had resigned from his position.

Shell’s Q4 Profits Rise, But Miss Estimates

On the 31st of January, Royal Dutch Shell PLC informed that it saw a 13 percent jump in profit for the fourth quarter. As it was underlined by the Europe's biggest energy company, increased costs in both exploration and output were balanced by high refining margins. However the profit for the final fiscal quarter did not meet with analysts' estimates due to weaker prices in North America.

Stocks Are Up. Great! What's Next?

By Peter Switzer, Switzer Super ReportThere's no more appropriate time for a market review and outlook statement for the month ahead.

Time To Cotton On

By Jonathan BarrattCotton has had a really turbulent time over of the last 24 months and so have the producers who at some stage have been producing the commodity at a loss.

Temple Run 2 Beats Angry Birds; 50 Million Downloads in 13 Days

Escaping from the temple ruins and dungeons while dodging traps beats out the powers of super-powered birds. Imangi Studios made history with Temple Runs2 as it became the fastest growing mobile game, displacing Rovio's pet app. Temple Run 2 soared with 50 million downloads in just 13 days from its release.

Blackberry Z10 versus iPhone 5: Specs Comparison

The debut of Blackberry 10 and its carrier unit Blackberry Z10 delivered new features, new improvements, and overall changes from its previous generation. Blackberry specialises in maximum security and is mainly used for corporate functions due to its great email features, business tools, and scheduling. iPhone 5 delivers not only the latest technology when it comes to hardware but also fluid and smooth performance for its user.

Australian Stock Market Report – Afternoon 1/31/2013

As beautifully as the sun shines, it always sets. This is one way to poetically describe what took place on the Australian sharemarket today. After 10 consecutive sessions of gains, the local market slipped into negative territory. The All Ordinaries Index (XAO) eased by 0.4 per cent or 18.1 pts to 4901.0.

Australian Stock Market Report – Midday 1/31/2013

The Australian share market seems unlikely to make it 11 wins in a row, following falls on Wall Street overnight. Despite a flat start and entry into positive territory, stocks are in the red at lunchtime in the East. The All Ordinaries Index (XAO) is down 15.7pts or 0.3pct to 4903.4.

HTC M7 on Course for Feb 19 Unwrapping

Two HTC events will be simultaneously staged in London and New York on Feb 19, that much the Droid DNA maker has confirmed. Almost immediately, the buzz went wild that finally the HTC M7 will arrive following months of frenzied speculation.

Samsung’s Galaxy S4 Will Skip Out 2013 MWC

Samsung’s Galaxy S4 will be a no-show at the 2013 Mobile World Congress in Barcelona next month, a new report said, but the South Korean will remain an active participant in the annual tech event, showing off other gadget products.

6 Strong Features of the Blackberry 10

Research in Motion (RIM) indeed polished their operating system and the result is that Blackberry 10 offers a fresh new look for the audience. The anticipation by many of the Blackberry comeback has been paid well with the overhauling and reinvention of the mobile operating system reflecting the effort, blood, tears and sweat of its contributors.

Assessing Another Queensland Flood

-Insurers can withstand this flood-Flood impact worst for Suncorp-Minimal impact so far on mines-Some coal haulage delaysBy Eva BrocklehurstWhatever the weather we'll weather the weather, whether we like it or not.

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