BUSINESS

Back to Old Good Days! Hello Lincoln Motor Company!

After so many years of depressing sales, Ford Motor Co. decided to revive and rename its Lincoln luxury brand. On the 3rd of December, Lincoln Motor Company is due to be introduced. The rebranding is aimed at reviving sales of Lincoln models. And what is more the Lincoln's first Super Bowl ad and television commercials are to be presented as well.

Starbucks Talks with HMRC Might Lead to Change in its UK Tax Approach

Starbucks Corp. informed that it started talks with the HMRC as the company has been facing growing criticism since it was revealed that the world's most known coffee chain paid only £8.5 million in corporation taxes in 14 years. In addition, Starbucks Corp. might pay more in the near future as it is reviewing its UK tax approach.
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Australian Stock Market Report – Afternoon 12/4/2012

The ASX200 attempted a rally in the first half hour of trade although the move faded quickly and the index lost ground over the remainder of the session. The weaker economic pulse from the US in addition to the war of words between politicians in relation to the fiscal cliff allowed sellers to get traction over regional indices, the majority of which ended in negative territory at the conclusion of the regional session.

Pros and Cons of Rooting Your Android Devices

Android lovers wanting to enjoy the latest features and more of the Google mobile platform need not to wait for say Samsung or telcos to deliver the updates, which come excruciatingly slow.

Australian Stock Market Report – Midday 12/4/2012

The Australian sharemarket is a touch lower ahead of the Reserve Bank's interest rate decision this afternoon. The All Ordinaries Index (XAO) is down 0.2 per cent or 10.0 pts to 4530. Most of the market is now trading in the red, with the energy and mining sectors the biggest drags on trade.

Google Says Nexus 4 Will Not Ship Until After Christmas 2012

It’s official, many more lusting after the Nexus 4 will never get their hands on the Google handset this December, which the internet giant said is sold out for the holidays and will not ship until January, at the earliest, next year.

3 New Browsers for Smartphone Devices

In November, Google Chrome surpassed 1 per cent of web usage in smartphones and tablets. The market increase is from Android users so far, although the Chrome has been released to iOS in June, it only accounted for 0.01 per cent in the same month.

Germany may soon Write-Off Greek Debt as it Softens Stance

German Chancellor Angela Merkel, for the first time on Sunday, hinted that her government may ultimately accept a write-off of Greek debt in the future; but stated that Athens first had to fulfil their fiscal targets, including posting a budget surplus by 2014/2015.

Nokia Lumia 920 Sells Briskly but Struggles to Meet Solid Demands

Supply of Nokia’s Lumia 920 was getting scarce in the past few weeks due mainly to solid demands and apparently the Finnish mobile phone maker was caught off guard by the overwhelming reception generated by its new flagship smartphone.

Oz Business To Step Warily Into 2013

By Greg PeelDunn & Bradstreet has today released the findings of its September quarter survey of Australian business executives.

Analysts Forecast RBA Would Cut Overnight Cash Rate to 3%

Analysts agree that the Reserve Bank of Australia (RBA) would cut on its Tuesday, Dec 4, policy board meeting the overnight cash rate by 25 basis points to 3 per cent. The move would bring down the key lending rate to a three-and-a-half-year low or the same level in April 2009, the height of the global financial crisis.

Is Uranium Setting Up For A Happier Christmas?

By Andrew NelsonNovember was a little kinder to uranium producers than September or October was, with new demand trickling into the market and providing some support for spot prices.

Massive Weekend Traffic Jam Over 200 Km Long Traps 4,000 Trucks in Russia

Thousands of Russian truck drivers probably made the thumbs down sign and said "Nyet" (No in Russian) after they were stuck in a 200-kilometre gridlock over the weekend. The traffic jam along the M-10 motorway lasted for 44 hours and trapped more than 4,000 trucks. The gridlock was caused by heavy snow.

A Streetwise Hercules At The Bank Of England

By Ben TraynorMark Carney's been hired to bang bankers' heads together...WHERE have all good men goneAnd where are all the gods?Where's the streetwise HerculesTo fight the rising odds?Isn't there a white knight upon a fiery steed?Late at night I toss and turn and dream of what I ...

Re-balancing Remains RBA's Focus

By Rudi Filapek-Vandyck, Editor FNArenaAt its final meeting for calendar 2013, the Reserve Bank of Australia (RBA) has sliced off a further 25bp to bring the official cash rate down to 3.

Australian Stock Market Report – Afternoon 12/3/2012

Not for the first time, Monday bore witness to one of those perverse circumstances where stocks rise in response to weaker economic news. The last week in the US was defined by a lack of progress in relation to the fiscal cliff, although Republicans and Democrats expressed confidence that the matter would be resolved in a timely fashion. Weekend developments in Washington saw an opening gambit being made by the Democrats, which was summarily dismissed by the Republicans. 'The game' has beg...

South Australia Health Mulling to Terminate 105 Jobs

Spurred by budget cuts, the state government of South Australia is mulling to terminate 105 jobs across its non-hospital health services as a result of budget streamlining measures.

Notable Surprises on iFixit’s 21.5-inch iMac Teardown

The new super-thin 21.5-inch iMac is quite a view and getting inside the new Apple desktop is most definitely an engineering marvel, as proved by the latest discovery of teardown specialist iFixit.

India Sees GDP Growth Slow to 5.3%

On the 30th of November, the ministry of statistics informed that India saw GDP growth slow to 5.3 percent in the quarter ended in September. The economy of India slowed more than analysts initially expected. It is likely that the Asia's third economy is to see its worst year in a decade as analysts underline the importance of implementing difficult reforms that could revive the economy of India.

Credit and Credibility

Is it laughable, or lamentable? The market, that is. In the past few years, it has become a joke...a tool of manipulation, an unreliable source of information. Despite the outperformance of the US equity markets this year, ordinary investors (presumably people with savings they would like to invest in productive and attractive businesses) are not interested.

Australian Hospitals Now to Use Automated Robots

Australian patients and their caretakers better start getting used to having some of their hospital requirements served by an automatic guided vehicle (AGV), with the Royal North Shore Hospital in New South Wales the very first to engage the modern technology.

Australian Flight Attendants Wants Standardization of Carry-On Luggage Regulations

The Flight Attendants Association of Australia (FAAA) has called on the national government to standardise the prevailing regulations of the airline industry's carry-on luggage to ensure the safety of both flight attendants and airline travellers, as well as prevent undue delays brought about luggage traffic on departing flights.

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