Analysts: Telstra, Other Telcos Face Profit Margin Hits over New iPhone Debut
Everyone’s waiting for the next iPhone version but Aussie telcos may not be overly excited that Apple’s new smartphone will be rolled out this week, a new report said.
Xstrata Shareholders Want More Premium from Glencore on New Takeover Bid
Majority of Xstrata investors would vote against the revised merger term with commodities trader Glencore International, which raised its offer by nine per cent to $36 billion Friday last week.
Australian Stock Market Report – Midday 9/10/2012
The Australian market closed stronger on Friday helped by the news out just before the close that China has approved 60 new infrastructure projects valued at $157 billion. In response to this new project news iron ore price jumped 2.2% back to US$89/a dry tonne, gold surged over US$34 an ounce and metal prices rallied on the London metals exchange (LME). European market moved higher still excited by the new European Central Bank (ECB) bond buying program, designed to restrain borrowing costs for...
Australia’s Annual Gold Production Up 4% to 65 Tonnes in Q2
The gold production of Australia improved by 4 per cent in the second quarter of 2012 to 65 metric tonnes from 62.5 tonnes in the first quarter. However, total first half production went down 4 per cent to 261 tonnes partly due to wet weather.
More news
Qantas Forecasts Break Even for International Operations by 2015
Qantas Chief Executive Alan Joyce said on Sunday that he is expecting the Australian air carrier would break even on its international operations by 2015 with help from the agreement it signed last week with Middle East carrier Emirates.
Sticky-Fingered Thieves Rob Warehouse Holding $30 Million Worth of Maple Syrup, Already Struggling Industry Takes Hit
Unidentified bandits have snatched millions of dollars' worth of maple syrup from the global strategic maple reserve near Montreal, Quebec, according to new reports.
The Measure of US Unemployment
What happened since we left you, Fellow Reckoner? Ah, yes. The Fed concluded its back-slapping fête in Jackson Hole on Friday, with The Bernank going way out on a thin limb:
How to Use Color Psychology to Increase Sales
It is estimated that 85 percent of buying decisions are influenced by visual perception, specifically color. As a merchant, you can use color to increase sales and improve your customers' levels of satisfaction.
China Struggles to Keep Home Prices Low on Peak Season
Home prices in China are seen stabilising amidst the beginning of traditional peak season which begins this month pushing forward the month of October.
Target Australia Becomes Target of Legal Action Due to Fake Cosmetics
Target Australia Pty Ltd, an Australian department store chain owned by Wesfarmers, is now the target of a legal action after a US cosmetics and fragrance giant found the retailer has been selling fake M·A·C Cosmetics at its stores.
Australian Stock Market Report – Afternoon 9/7/2012
The Australian sharemarket improved for the third time this week, with the All Ordinaries Index (XAO) rising by 0.4 pct or 17.2 pts to 4348.8. The gains over the last few days have helped the local market break a two week losing streak.
Apple Easing Out Samsung Components from its Product Lines
The next iPhone version, set to be unwrapped on Sept 12, will have less Samsung imprints compared to the previous editions, with reports indicating that Apple has rolled out a program that would slowly wean away its products from components manufactured by its South Korean rival.
Surplus US Shale Leads to Gas Shortage in Mexico
Mexico has been forced to reduce supplies of natural gas to several of its biggest consumers by almost as much as 45 percent in order to keep up with the increasing demand from steelmakers like Arcelor Mittal and Ternium SA to households.
Chinese Search Engine Baidu to Invest $1.6 Billion in New Cloud Computing Centre
Baidu Inc., which is China's dominant search engine, has informed that it plans to invest approximately 10 billion yuan, or $1.6 billion, in a cloud computing centre. In addition, the company is creating a Baidu's mobile browser to help secure its share in a mobile Internet market.
Analysts: Deal with Emirates, Win-Lose for Qantas
The fresh Qantas-Emirates code-sharing deal could spell the end of the national carrier’s international career, analysts said, in return for strong semblance of profitability on the domestic front.
Australian Stock Market Report – Midday 9/7/2012
Local stocks are moving higher for a second consecutive session in early trade, on the back of positive offshore moves after the European Central Bank announced plans to tackle the Eurozone crisis head on. The ECB agreed to launch a new bond buying program, designed to restrain borrowing costs for embattled nations. The move saw investors willing to take on more risk overnight, sending European shares higher and Wall Street finish at a four year high. At lunchtime in the East, the All Ordinaries...
CFMEU Ends Grocon Blockade, Grollo to Negotiate With Union
The three-week strike that has stopped construction activities at different Grollo sites has just ended. The Construction, Forestry, Mining and Energy Union (CFMEU) lifted its blockade at the Myer Emporium job site, prompting Grocon Chief Executive Daniel Grollo to agree to resume negotiations with the union.
Microblogging App eeWeibo Makes its Debut in China for Electronics Industry
eMedia Asia Limited, the joint venture subsidiary of Global Sources, has come up with a unique application called eeWeibo that is able to sort through millions of Sina Weibo posts to provide significant and real-time mobile content to professionals employed in mainland China's electronics sector.
FMG's Deferral No Big Deal For NRW
- Fortescue's expansion deferral impacts on NRW's revenue forecasts- Brokers do not see guidance reduction as material- NRW offers service diversification and a very good yieldBy Greg PeelMining and energy services provider NRW Holdings ((NWH)) has completed discussion with Fortescue Metal...
Samsung Labour Violations Pile Up, Highlighted in New CLW Report
U.S.-based China Labor Watch (CLW) has upgraded this week its scathing review on Samsung’s labour practices, highlighting what the activist group called as “illegal and inhumane treatment,” of young Chinese workers tasked to assemble a host of Samsung products.
High Court Favours Bank Customers in ANZ Class Action Suit
Bank customers scored a major victory on Thursday after the High Court overturned a Federal Court decision and ruled that bank fees they questioned in a class action suit could be considered penalties.
Single Males in Their 40s at Highest Risk of Bankruptcy
A report released Friday by Insolvency and Trustee Service Australia pointed to single males in the age bracket 40 to 44 as those at the highest risk of declaring bankruptcy.
The Overnight Report: Draghi Says The Right Things
By Greg PeelThe Dow rose 244 points or 1.9% while the S&P gained 2.0% to 1432 and the Nasdaq jumped 2.
Australian Stock Market Report – Afternoon 9/6/2012
The Australian sharemarket improved for the second time this week, with the All Ordinaries Index (XAO) jumping by 0.8 pct or 33.9 pts to 4331.6. Healthcare stocks lost modest ground while all other sectors ended the day higher. The consumer discretionary, mining and energy sectors were the best performers.
Samsung Points to 20M+ Unit Sales for Galaxy S3, En Route to Record Q3 2012 Results
It’s official. The Galaxy S3, which debuted in May 2012, is the bestselling Samsung and Android smartphone to date as the South Korean tech giant announce on Thursday that over 20 million units have been scooped up by global consumers so far.
Qantas Shares Up Following Deal With Emirates
Shares of beleaguered Australian carrier Qantas Airways surged on Thursday after the flying kangaroo announced on the same day it has entered into a 10-year arrangement with Dubai's Emirates that will enable the Australian airline fly to London via Dubai.
Australia Ranks 8th Best Users of Internet, Sweden 1st – Global Web Index
A new global Web index launched by Tim Berners-Lee, the inventor of the World Wide Web, has found that Australian ranked eighth best in utilising the Internet to improve people's lives, both socially and politically. Sweden ranked first, followed by the U.S. in second and the UK in third.
Japan’s Murata Unveils World’s Tiniest Ceramic Capacitor
A Japanese firm said on Wednesday that it has developed the world’s smallest ceramic capacitor, which is “so small you can barely see it.”
China Development Bank Hikes Lending to Private Firms in Asia
The China Development Bank (CDB), one of the nation's three policy banks known primarily for making big loans to other state-owned entities, has begun lending large amounts of cash to private firms around Asia, reported the Wall Street Journal on Tuesday, while other banks cut back on lending amid the present economic climate.
McDonald Goes Vegetarian in India
U.S. fast food giant McDonald's will open its first ever vegetarian-only restaurant in India by the middle of next year,
Australian Stock Market Report – Midday 9/6/2012
Local stocks are rising in early trade, with investors seemingly more willing to take on risk ahead of tonight's European Central Bank meeting in Brussels. A fall in the unemployment rate to 5.1pct is also helping sentiment. At 12.15pm AEST, the All Ords is up 37.9pts or 0.9pct to 4335.6.
Review Shows Coles, Woolies Have Less Locally Made Items on Shelves
Consumer advocate Choice is pushing for better country of original labelling after a review found that the two supermarket giants in Australia have less locally made products on its shelves.
Australian Dollar Outlook – 9/6/2012
The Australian dollar still remains under pressure, trading under 1.0200 as iron ore prices continue to weaken.
The Foreign Exchange Market: Not As Liquid As You May Think
By Loriano Mancini, Angelo Ranaldo and Jan WrampelmeyerThe foreign exchange market facilitates international trade and investment and is central to the global financial system.
Pages
- Promoted in Business
- 1
- 2
- 3
- 4
- 5
