The UK North Sea gets another lift as Xcite Energy Ltd has informed that its Bentley field is rich in oil, according to the newest estimates. To top it all, the Bentley bed is estimated to be one of the largest heavy oil fields in the United Kingdom. The news awoke investors' hopes, while shares of the company climbed as much as 12 percent on the report.
Jamelle Agbuis
Apr 10, 2013
West Australia's Anthony Giacoppo will be looking to utilise home-state advantage when the 2013 Subaru National Road Series (NRS) gets underway with the Woodside Tour de Perth (WA) on April 11.
Jamelle Agbuis
Apr 10, 2013
A video teaser suggesting the Volvo S60 Polestar performance concept is coming to Australian showrooms has been released.
Jamelle Agbuis
Apr 10, 2013
The wife of Volkswagen AG chairman Ferdinand Piech is set to join the supervisory board of the Volkswagen Group-owned Audi, almost a year after being elected to the board of Volkswagen AG.
Jamelle Agbuis
Apr 10, 2013
It was another quiet night for macro data; French and German trade balances are the only talking points, with French balances disappointing, and German data was just in-line, which was expected. These figures led to mixed trading results in Europe.
Vittorio Hernandez
Apr 10, 2013
Google is working on the next-generation Nexus 7 tablet as a follow-up to the successful launch of the device. ZDNET, a reliable source of news about devices, reported on Tuesday that the successor to the Nexus 7 will be available in July in the U.S. and could have a retail price of $150.
Vittorio Hernandez
Apr 10, 2013
In US economic news, US wholesale inventories fell by 0.3pct in February - the biggest decline in nearly 1½-years. Economists had expected wholesale inventories to rise 0.5pct. The weaker build in inventories may result in lower estimates for March quarter growth.
Vittorio Hernandez
Apr 10, 2013
By Greg PeelThe Dow closed up 59 points, or 0.4%, while the S&P rose 0.4% to 1568 and the Nasdaq gained 0.
Admin System
Apr 10, 2013
It's official. U.S. residents would be able to buy the Samsung Galaxy Note 8 for $399 on April 11, Thursday.
Vittorio Hernandez
Apr 09, 2013
International transatlantic flights are inclined to face more and nastier experiences of turbulence as carbon dioxide emissions continue to rise and render alterations to the global weather phenomenon.
Esther Tanquintic-Misa
Apr 09, 2013
Laptops with longer battery life designed to last all-day use will soon be out following the shipment by Intel to Chinese manufacturers of the Haswell chip. The chip is the first Intel Core chip designed for low power consumption.
Vittorio Hernandez
Apr 09, 2013
It seems that some battles are hard to end. Apparently, one of them is a bloodshed over Martha Stewart's products. These days at war are Martha Stewart Living Omnimedia Inc., Macy's Inc. and J.C. Penneey Co. as everything indicates that three parties of the argument have not reached consensus.
Jamelle Agbuis
Apr 09, 2013
Australia's General Motors Holden, which is the division of General Motors Co., informed that it would begin job cuts which would touch as many as 500 employees.
Jamelle Agbuis
Apr 09, 2013
The Australian market is having its best day in close to a month at lunch, with the All Ordinaries Index (XAO) up 1.1 per cent. This is a refreshing change considering that major sectors have fallen for four consecutive weeks.
Vittorio Hernandez
Apr 09, 2013
Australian doctors have advised residents, particularly the very young and the elderly, to already have their shots as they forecast a severe flu season for this winter.
Esther Tanquintic-Misa
Apr 09, 2013
Australian subscribers of Vodafone will enjoy 4G long-term evolution (LTE) services by June 2013, Vodafone Chief Executive Officer Bill Morrow said on Monday.
Vittorio Hernandez
Apr 09, 2013
As the number of deaths due to the new avian influenza A (H7N9) reached seven in China, a member of the country's People's Liberation Army (PLA) has said the current health scare now gripping the world's second-largest economy is but a scheme planted by the United States.
Esther Tanquintic-Misa
Apr 09, 2013
The Australian Dollar has opened back above USD1.0400 this morning after a very quiet day of trade yesterday.
Vittorio Hernandez
Apr 09, 2013
Samsung begins pushing Android 4.1.2 Jelly Bean update for T-Mobile Galaxy S2 and the device has been receiving constant update everywhere. The Jelly Bean update will give T-Mobile S2 variant new features such as Google Now and Project Butter.
Ryan Inoyori
Apr 09, 2013
Facebook has started rolling out a paid messaging service in UK, charging users from a low 71p to as much as £11 to send messages to people outside their circle of friends. The highest rate is afforded when touching base with celebrities, depending on how famous they are.
Esther Tanquintic-Misa
Apr 09, 2013
By Andrew NelsonLast week was a quiet and uneventful week as far as the uranium market goes. Industry consultant TradeTech reports just three deals were done and accounted for only 400,000 pound of uranium changing hands.
Admin System
Apr 09, 2013
It was a very quiet night for macro data, but that didn't stop the S&P moving higher on earnings speculations.
Vittorio Hernandez
Apr 09, 2013
Businessman George Soros is blaming the euro crisis in 2012 for making gold an unsafe haven for investors. Since October, gold prices had been on a downtrend and last week the yellow metal for June delivery, the most actively traded contract, hit a nine-month low of $1,553.50 a troy ounce on the Comex division of the New York Mercantile Exchange.
Vittorio Hernandez
Apr 09, 2013
In an obvious indicator that South Korean tech giant Samsung is determined to keep the smartphone king title, the company announced on Monday the release of three models run by Jelly Bean and featuring dual SIM.
Vittorio Hernandez
Apr 09, 2013
In US economic news, the Chicago Midwest Manufacturing index rose by 0.8pct in February after rising by a revised 0.4pct in January.
Vittorio Hernandez
Apr 09, 2013
By Greg PeelThe Dow closed up 48 points, or 0.3%, while the S&P gained 0.6% to 1563 and the Nasdaq added 0.
Admin System
Apr 09, 2013
By Peter Switzer, Switzer Super ReportMy colleague Paul Rickard has deconstructed the Treasurer's super proposals which are allegedly targeted at the "fabulously wealthy" but clearly it will affect those with say $700,000 with a 20% return per annum or someone on $1 million making 13% and so on...
Admin System
Apr 09, 2013
Controversial former Prime Minister of Britain, Margaret Thatcher, dies at the age of 87 after a massive stroke.
Apr 09, 2013
Specs of the Samsung Galaxy S4 set for release in Australia in the later part of April are becoming clearer. A statement from the South Korean tech giant confirmed that the much-awaited device would not have a quad-core Exynos 5 Octa processor.
Vittorio Hernandez
Apr 08, 2013
Despite predictions of a flat to moderately lower day on the Australian share market, local stocks received a boost in afternoon trade on the back of gains on Japan's Nikkei Index. The Nikkei rose a further 3% today, after hitting five year highs on Friday, in response to aggressive stimulus announced late last week by the Bank of Japan.
Vittorio Hernandez
Apr 08, 2013
