By Andrew NelsonIt was yet another dull week on the spot uranium market last week, marked by slim volumes and another minor price decline.
The more than two weeks industrial action at Coles warehouse in Somerton, Melbourne finally ended on Monday night. The workers agreed to terminate their strike, lift the barricade and accept the wage increase offer from Toll Holdings, the operator of the largest warehouse of Coles in Australia.
By Greg PeelThe Dow closed down 101 points or 0.9% while the S&P lost 0.9% to 1350 and the Nasdaq fell 1.
European debt concerns once again weighed on investor sentiment today, causing the local share market to post its biggest once day loss since early June. After rising almost three percent over the course of last week, the best weekly gain since December, the share market today fell 1.7pct on the back of losses on European and US share markets. That was the biggest one day drop on our market since June 4th. Fears the European debt crisis continues to grow saw investors bail out of equities across...
Problems on its supply chain and early screen complaints apparently overwhelmed the normally cool internet giant as Google announced on Monday that will stop taking online orders for the hit Nexus 7 tablet.
China is still interested in the expansion of its own businesses in Africa. Hence at the summit held in Beijing, in which took part 50 African leaders, president Hu Jintao made an important announcement.
German safety pioneer Mercedes-Benz will start fitting inflatable rear passenger seatbelts to its vehicles, in a move that will make the brand the second automaker to employ the safety technology behind Ford.
The Australian share market opened weaker this morning after overseas markets sold off on Friday. Once again European debt concerns and a pull-back in global iron ore and coal prices along with end of week profit taking took its toll on markets.
Virgin Australia admitted on Monday that its local operations have been performing beyond expectations but not to the point that could push Qantas Airways into near-extinction.
We know none of this matters, but thought we'd discuss it anyway.
Today’s show features a great mobile phone application that takes the whole Social, Mobile, Local functionality to a whole new level and shows how the curation of user generated content can provide insights into so much more of the world that is currently going on around us.
Today’s show features a great mobile phone application that takes the whole Social, Mobile, Local functionality to a whole new level and shows how the curation of user generated content can provide insights into so much more of the world that is currently going on around us.
Deloitte Access Economics warned on Monday that Australia's mining boom is expected to last for just two more years. Deloitte pointed out that the current resources boom is the result of investments made by mining firms a few years back and there are few new mining mega projects on the pipeline.
Samsung predicted right about the new Galaxy S3 – that it will push out at least 10 million units worldwide in the initial months of its global debut.
ANZ Chief Executive Mike Smith doused on Sunday speculations that he would leave the Australian bank and move to Barclays. Mr Smith said his job at ANZ is not yet complete and he does not want to live in London, where Barclays is based.
By Peter Switzer, Switzer Super ReportMonths ago when stocks stunk to the noses of normal people, my co-founder of the Switzer Super Report, Hall of Fame stockbroker and the founding boss of a 'pretty' successful business called CommSec (please note the intentional understatement) Paul Ric...
A report by CommSec released on Monday confirmed that Western Australia (WA) is the country's strongest state in terms of economic performance.
The ongoing strike and barricade of Coles warehouse in Somerton, Melbourne entered its third week on Monday as the industrial dispute goes back to Fair Work Australia (FWA).
The Australian sharemarket lost a little ground for the second time this week, with the All Ordinaries Index (XAO) easing by 0.1 pct or 5.8 pts to 4230.6. Keep in mind that shares yesterday recorded their best daily improvement for the month, with the XAO jumping by close to 2 pct. Over the past five days, stocks rose by 2.7 pct, making it the best weekly gain since late February this year.
Marissa Mayer, Yahoo's newly-installed CEO, could earn as much as $US100 million over the next five years, that is if she managed to stay that long in a chair that has seen five bosses in the same number of years.
One day consumers are giving up their SUVs, and the next day they want them back. It's enough to drive an auto company CEO crazy. The bottom line: Watch what consumers do, not what they say.
Etihad Airways said on Friday that securing substantial holdings in Virgin Australia seeks "to create better economies of scale," for its international operations and not to control the management nor undermine a competitor's business.
The Australian share market closed higher yesterday and overnight the European and U.S. markets gathered pace, but our market lost ground at the start of trade, even with higher gold, metal and oil prices overnight.
Google came out Thursday blazing with impressive numbers as the internet giant reported a general profit of $US2.79 billion in the second quarter, which was backed by an overall revenue of $US12.21 billion.
Skills Minister Chris Evans warned on Thursday that low-skills jobs are fast disappearing from the Australian economy due to technology and structural changes. To address this growing problem, the federal government launched the Australian Workforce and Productivity Agency (AWPA).
As more Australian consumer opt to shop from online stores than bricks-and-mortar outlets, the federal government decided to monitor the sector in a bid to understand better the behaviour of shoppers amid the slump in the country's retail industry.
By Luke Burgess, Investment U ResearchMost investors are skeptical when you tell them that they can actually buy silver below spot prices.
Australian mining giant Rio Tinto (ASX: RIO) announced on Thursday that it will declare some redundancies on its Clermont Mine in central Queensland which has a total of 770 workers and opened only in 2010.
By Greg PeelThe Dow rose 34 points or 0.3% while the S&P gained 0.3% to 1373 and the Nasdaq added 0.8%.
The Australian share market moved back into the black today, following strong production reports from energy players and a positive offshore lead. Strong earnings results from a number of US companies, including chipmaker Intel, saw the Dow Jones Index rose almost 1pct. Locally the All Ordinaries Index (XAO) rallied to close higher by 80pts or 1.9pct to 4236.4.
