BUSINESS

Australian Stock Market Report – Midday 6/14/2012

The Australian share market is sharply lower in early trade, following losses on US and European markets overnight. Investors appear to be shying away from risk ahead of the upcoming Greek elections, which could determine if the country remains in the Eurozone. At lunchtime in the East, the All Ordinaries Index (XAO) is down 27.4pts or 0.7pct to 4084.1.

Dell Discloses Consolidation Plans to Save $2B by 2015

Giant computer maker Dell has revealed plans to re-adjust its core operations that it hopes would lead to substantial savings, following the path of its chief rival, Hewlett-Packard (HP), which announced last month impending measures that would save the firm billions over the next two years.
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Android 4.0 Update for Motorola in Australia: Coming Soon

The update for Android 4.0 or Android ICS is something that Android users have been expecting ever since it was announced to the public. In line with this, Motorola announced that most of their devices would receive the Anroid ICS update soon-depending on the device and location.

RBA Seeks to Limit Credit Card Surcharge

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.

Sydney is World’s 11th Most Expensive City

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's Mac OS X Mountain Lion FAQs: Stunning New Features

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 Bar Was Set High by the New MacBook Pro, the Sticker Price Too

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.

Australian Stock Market Report – Midday 6/13/2012

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.

WWDC 2012: Apple's iOS 6 News and Updates

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's WWDC 2012 Coverage: What Was Mentioned? What Was Missing?

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?

Qantas Gears Up to Thwart Alleged Hostile Takeover Bid

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.

Are You Violating Your Vendors’ Privacy?

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.

Australia’s Hidden Economic Indicator

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.

Uranium Prices Still Taking Baby Steps

- 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...

US Stocks Could Be Nearing A Big Bounce

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.

Will Italy Be The Next Domino To Fall?

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.

IDC: Windows Phone To Beat Apple's iOS by 2016

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 Inks 4-Year Deal With Olympic Dam Workers

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.

Windows 8 Release Preview: A Review

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".

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