Sluggish sales continue to threaten Ford Australia's local operations as the carmaker announced on Wednesday planned adjustments that it hopes would arrest further losses.
After chopping the overnight cash rate by 50 basis points last week, the Reserve Bank of Australia (RBA) has trained its sight this time on credit card surcharges imposed by merchants.
The strong Australian dollar caused Sydney and five other Aussie cities to have major boosts in their ranking of the world's most expensive cities for expatriates. Based on the 2012 Mercer Worldwide Cost of Living Survey released on Wednesday, Sydney was the 11th city with the highest cost of living.
Apple announced during the recently concluded WWDC 2012 the arrival of their next version of Mac OS X which is also known as Mac OS X Mountain Lion. This new version would supposedly introduce additional features and specifications which would help Mac users all over the world.
The world was too focused on getting a glimpse of the new iOS 6 that Apple unveiled on Monday at the Worldwide Developers Conference staged in San Francisco, California that it almost overlooked the upgrades that the tech titan had unleashed for the MacBook Pro lines.
Apple recently announced their new line of MacBook Pro 2012 in their recently concluded WWDC 2012. Their MacBook Pro 2012 line is composed of 10 new models and contains new and exciting features from Apple.
The legal battles of Gina Rinehart, Australia's richest woman, are apparently multiplying though not at the same pace as her wealth. On Wednesday, Ms Rinehart faced another court war beside the family court feud she is engaged with her three estranged adult children.
Despite strength on global share markets overnight and a relatively solid start to trade, the Australian share market is in the red at lunchtime in the East, dragged down by banking, mining and energy stocks. The All Ordinaries Index (XAO) is lower by 13.6pts or 0.3pct to 4104.7.
The recently concluded WWDC 2012 from Apple featured one of the highlights of the event which is the unveiling of Apple's iOS 6, the latest processor for Apple products.
Apple recently concluded its WWDC 2012 and Apple's MacBook Pro and MacBook Air recently received an upgrade that makes it one of the best Apple products to be released in the market.
Apple's Worldwide Developers Conference 2012 brought about new and exciting offerings from Apple which made a lot of people enthusiastic about their products. Thought that is the case, not every topic was covered thus leading to these important questions: What was mentioned? What was missing?
By Greg PeelThe Dow rose 162 points, or 1.3% while the S&P gained 1.2% to 1324 and the Nasdaq rallied 1.
Strict requirements being imposed on Australian dealers would limit the car outlets nationwide that will be able to sell GM Holden's new hybrid sedan - the mostly electric-powered Volt.
Qantas Airways assumed an offensive stance on Tuesday to fend off suggestions that the struggling national carrier was in the brink of a hostile takeover following its loss of more than $1 billion in market value last week.
Surfing the real estate listings this morning before breakfast, I was shocked to find that some premium agents violate their clients’ basic expectations of privacy.
Let's take a look at Australia's miracle economy. It grew 1.3% in the three months to March and expanded 4.3% over the past 12 months. The crowd's response was to buy the dollar and stocks, and ease up on predictions of further interest rate cuts.
Gold is "forever unproductive," says Warren Buffett, CEO of Berkshire Hathaway.
- TradeTech's spot uranium price rose last week- Industry questions where future supply will come from- Japan anticipated to restart nuclear power plants- More consolidation could lead to re-rating for uranium stocksBy Andrew NelsonOne could have hoped that last week's small drop in uraniu...
After three years of house price falls, the Bulgarian housing market remains in the doldrums.
FNArena has added another video to its Investors Education section on the website. This week, ATW's Jerry Simmons looks at US stock future indices and he sees signs of bullishness emerging.
By Kathleen Brooks, Research Director UK EMEA, FOREX.comThroughout this crisis Europe's periphery has been personified as a pack of domino's - if one falls then others will follow.
The price for Facebook Share recently went down and closed at around US$26.90. The low share price was attributed to the problems and delay that the social networking site encountered.
A recent report done by International Data Corp. (IDC) revealed that Microsoft's Windows Phone is set to conquer the worldwide market share for mobile phones and even beating out Apple's iOS by the year 2016.
BHP Billiton (ASX: BHP) has reached a four-year collective industrial agreement with workers at its Olympic Dam mine in South Australia. The miner said the certainty and stability provided by the deal would be a key for the BHP board to decide on its $30-billion expansion plan.
While ANZ surprised the banking industry on Friday by passing in full the 25 basis points rate cut made earlier this week by the Reserve Bank of Australia, (RBA), Westpac also did the unexpected on the same day by pocketing 5 basis points.
It is not just unproductive assets that financially challenged Qantas is shedding from its system, but also passengers with disruptive behaviour.
CEOs and all the executives responsible for raising the revenues of their respective deserve to take home fat pay checks, according to Glencore chief executive Ivan Glasenberg.
Microsoft has just unveiled its Windows 8 release preview and most of the reviews regarding this OS has been mostly positive. The released version is just the test version before it will go to the hardware partners of Microsoft. Steven Sinofsky, the president for Windows stated that the new OS would be launched "for the holidays".
Apple is seeking to ban the official release of Samsung Galaxy S III in the market specifically in the U.S. through filing a patent dispute.
In a surprise move, ANZ Bank announced on Friday that it will pass the 25 basis points cut made by the Reserve Bank of Australia (RBA) earlier this week to 3.25 per cent. Most analysts were of the belief that the big four would hold 10 basis points out of the 25 basis points reduced by the RBA.
