BUSINESS

New Study Points to Apple as World’s Most Valuable Brand

Arguably, Apple tops the list as one of the leading global companies, with its products desired by millions around the world, and a new study not only affirmed that stature but also crowned the American firm as the most valuable brand over the past 12 months.

BofA Analysis: David Jones a Good Buy

An analysis by Bank of America (BofA) showed that Australian retailer David Jones would be a good buy for now following the drop in company shares at its lowest level since the global financial crisis.
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The Overnight Report: Relief

By Greg PeelThe Dow rose 135 points or 1.1% while the S&P gained 1.6% to 1315 and the Nasdaq surged 2.

Facebook Founder Zuckerberg Weds After IPO: Good or Bad Move?

The news of Facebook Founder, Mark Zuckerberg getting married with his long-time girlfriend, Priscilla Chan is all over the news. Aside from the fact that Zuckerberg got married, the timing is also controversial as Mark Zuckerberg wed after Facebook's IPO.

Qantas Airlines Denies Credit Card Scam

Qantas Airlines, one of the largest airline carriers in Australia denies claim regarding the company's supposed credit card scam.

Car Makers Concerned as China Sales Slow

Automakers worldwide could be affected by slowing sales results in China as dealers see stocks of unsold cars rise, threatening price cuts.

Aussie Chevrolet SS Excites US Media

America's automotive media has expressed enthusiasm and excitement at the announcement that the next-generation Holden Commodore will be exported to the US from 2013 to be sold and raced as the Chevrolet SS.

6.0 Magnitude Earthquake Hits Italy: Updated Information and Pictures

A 6.0 magnitude earthquake recently hit the north-central part of Italy which caused the death of at least 6 people and injured at least 50 individuals. The earthquake also caused the collapse of numerous historical architecture sites like castles, clock towers, and churches.

Qantas Shutters Maintenance Hub at Tullamarine, Sheds 400 Jobs

The nightmare of Qantas' aircraft maintenance engineers is about to happen as the flag carrier announces likely on Monday the closure of its maintenance bay at Tullamarine Airport. The shutter would lead to the axing of more than 400 jobs.

CBA Warns Greek Exit from Eurozone May Bring A$ Below 90c

The Commonwealth Bank of Australia warned on Monday that Greece's expected exit from the eurozone may cause the Australian dollar to plummet below 90 cents. G8 leaders rushed over the weekend to battle the financial crisis to hit the region over the Greek debt.

More Musical Chairs in Australia’s Retail Industry

More changes are taking place in Australia’s embattled retail industry as Centro Retail Australia sold half of its stakes in three premium shopping centres, while Retravision Southern is teetering towards administration.

Will China Become Australia’s Godfather?

Former Treasury secretary Ken Henry reckons that what's bad for Greece may turn out to be good for Australia. Why? It will make it easier for Australia to finance its current account deficit! Woo hoo!

Android in Australia: Ready to Overtake Apple's iPhone?

Android in Australia is now growing according to recent survey reports. This means that Google's Android system is now working its way on top of the smartphone war, thus, is it really close to overtaking Apple as the number one smartphone not only in Australia but all over the world?

Macquarie Consortium Buys E.ON Gas Grid for $4.1 Billion

A Macquarie consortium purchased for $4.1 billion the gas grid of German energy firm E.ON. Open Grid Europe runs Germany's biggest gas transmission system and is about 12,000 kilometres long.

Apple to Roll Out Major Overhauls on New iPhone

Apple will issue a new iPhone version later this year and based on reports that emerged, the hit gadget will come with a bigger screen, ditching the standard screen size that the smartphone has been carrying since its 2007 market debut.

The Overnight Report: Trying Hard

By Greg PeelThe Dow closed down 33 points or 0.3% while the S&P lost 0.4% to 1324 and the Nasdaq dropped 0.

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