Result Page 289 for Latest Business News & Archive

Deals: Campbell Brothers Back On The Takeover Trail

Brisbane-based mining and environmental testing group Campbell Brothers is back on the takeover trial in a new area of business.

Best Apps for Apple’s New iPad

The newly-released tablet from Apple dubbed as the "new iPad" has 4G LTE connectivity which makes it convenient to have Internet access everywhere. Aside from this feature, one of the highlights of the new iPad includes the Retina Display which Apple claims to be "game changer" in the tablet industry.

Australian Stock Market Report - Midday- 03/20/2012

LUNCHTIME REPORT (12.20pm AEDT)It has been a subdued start to the trading day, following a lacklustre offshore lead. European shares slipped from eight month highs overnight while US shares only recorded modest gains. At lunchtime in the East, the All Ordinaries Index (XAO) is down 6.4pts or 0.1pct to 4374.8.

Apple Flags 3 M New iPads Sold So Far; Reveals Planned Dividends, Share Buybacks

Apple reported on Monday that it has so far sold three million units of the new iPad, barely a week after the device was released.

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Daily Forex Forecast 03/20/2012

The Australian dollar managed to find some upside yesterday after Reserve Bank Governor Glenn Stevens expressed confidence in China’s economic growth.

Global Economy may be on Path to Recovery: Lagarde

International Monetary Fund Managing Director Christine Lagarde has said that the global economy is showing signs of stabilisation, but warned that there is no room for policy mistakes at this critical point in recovery.

Watch Out for these Key Economic News: March 19-25

A quick preview of the key economic events for the upcoming week.

The Overnight Report: Apple At The Core

By Greg PeelThe Dow closed up 6 points while the S&P added 0.4% to 1409 and the Nasdaq starred with a 0.

Report: Apple Earns Less on New iPad But Tipped to Maintain Overall Profitability

Apple's huge cash chest is no secret and most definitely that reserve keeps on adding up as new Apple products hit the market. Yet how much really has Apple been cashing on its incredible success lately?

China Cements Shale Gas Foray with Total SA Joint Venture

China continues its foray on energy securing measures with its recent joint venture with French energy giant Total SA ((NYSE:TOT) to produce and refine shale gas.

Australian Stock Market Report - Midday- 03/19/2012

The Australian share market has started the trading week on a positive note, after European and US share markets posted strong weekly gains. At lunchtime in the East, the All Ordinaries Index (XAO) is up 25.8pts or 0.6pct to 4390.5.

Window Cracks Spotted, Air New Zealand Grounds 11 Planes

There were cracks around the cockpit windows of an Air New Zealand plane, the airline found on Sunday, resulting in the grounding of 11 planes on the same day. The cracks were spotted during routine maintenance check in Christchurch.

Lower Gold Prices Draw Central Bank Buying

By Greg PeelIn 2011, central banks across the globe collectively bought more gold than they had previously over 40 years.

Chrysler a No Go for V8 Supercars

It seems our hopes of yet another brand joining the V8 Supercars championship next year has been short-lived, with Chrysler confirming to V8X magazine that it will not proceed with the move.

Australian Stock Market Leads - 03/19/2012

A firm and steady opening has set in the Australian stock market today and analysts are closely watching if it would break the barrier resistance of 4320, an indicator that a change in sentiment towards the positive amidst concerns of the economy's correlation to China's economic slowdown may take place.

New-Car Sales Down Almost 10 Percent In Europe Last Month

Passenger car sales in the European Union plummeted almost 10 percent in February -- their biggest drop since 2010 -- as consumers tread warily through uncertain economic times.

The Dollar: Now Falling, But For How Long

Judging by recent speeches and comments, the RBA is clearly wondering why the value of the Australian dollar hasn't fallen after that 4.7% dip on our terms of trade in the final quarter of 2011.

Results: Myer’s Weak First Half Sees Dividend Cut

After a brief flurry of optimism that saw the shares rise yesterday in the wake of the expected fall in interim earnings, Myer shares closed the day down 9c or 3.3% at $2.28.

Japan: Why Inflation Rather Than Deflation Can Save The Economy

On February 14, the Bank of Japan broke with tradition and announced an inflation target of 1%.

Deals: Stockland To Double Buyback, Sells Sydney Asset To Qube

Property developer Stockland Group yesterday took another move to expand its share buyback by selling another asset to finance the expansion.

Debt: Fortescue Boosts Raising To $US2 Billion, Nexus Cuts Reserves

The Economy: Weak And Weaker

It wasn't a surprise that consumer sentiment fell in the latest survey from Westpac and the Melbourne Institute, nor was it a surprise that housing construction finished 2012 on a weak note.

AFR and SMH to Jointly Promote the Commercial Real Estate (CRE) Auction Centre

Two of the country's most respected newspapers, The Australian Financial Review and The Sydney Morning Herald (SMH) have come together to jointly promote the Commercial Real Estate (CRE) Auction Centre.

AIG to Sell its AIA Shares Worth $6 Billion

American International Group (AIG) is in quest for raising about $6 billion to repay a federal government bail-out. AIG will sell part of its stake in Asia subsidiary AIA Group in a long-awaited move to be able to repay the federal government bail-out.

PayPal Unveils ‘PayPal Here’ to Process Payments via Smartphone

Online payment processing firm PayPal has introduced another of its over-the-counter payment scheme, this time around through the use of the now ubiquitous smartphones.

New Board Launches Alcohol Name, Shame Ad Campaign

Health campaign groups in Australia launched on Friday the independent Alcohol Advertising Review Board. The main task of the new board would be to name and shame alcohol firms with advertising campaigns that violate international alcohol advertising regulations.

Telstra Sells First iPads in Australia, Global Anticipation Pushes Apple Stock to $600 Per Share

Telstra Corporation has some sort of a coup when the giant Telco offered on one of its stores the third iPad edition early Friday morning, with an Aussie construction manager earning the distinction as the first in the country to own the most-sought after product.

Another Ratings Cut for Macquarie Group from Moody’s

The Macquarie group had its second credit downgrade in four days. The first was by Fitch on Tuesday and the second by Moody's Investors Service on Friday. Moody's cut Macquarie's credit rating by one notch to A3 from A2.

Australia's NSX Lowers Trading Fees; Direct Internet Trading Now Possible

The National Stock Exchange of Australia (NSX) announced on Friday that it will lower its trading fees to 0.1 basis points per buy and sell beginning April 2.

Study Forecasts Australia's Loss of Over 118,000 Retail Jobs in 3 Years

Jobs in Australia's retail sector appear to be in a worse situation compared to the banking sector. While a report in January warned of the loss of 7,500 banking jobs over the next two years, another study forecasts 118,000 retail jobs could be axed in the next three years across the country.

Peter Switzer: Why I'm A Stock Buyer

by Peter Switzer, Switzer Super ReportWith the stock market defying gravity and the legendary market expert, Laszlo Birinyi, tipping the S&P 500 to rise 24% this year, the question is, are there any other reasons to be positive on stocks in 2012?Next week, I will look at reasons for being negative b...

Baby Formula Pulled from Stores Pending Sickness Investigation

A baby formula made 100 per cent from New Zealand has been pulled by company from stores after a man raised suspicion via email that the milk formula may have caused his young daughter to get sick.

The Overnight Report: Another Milestone

By Greg PeelThe Dow rose 56 points or 0.4% while the S&P gained 0.6% to 1402 and the Nasdaq added 0.5%.

Full Details About Sony Xperia Sola

Sony Mobile Communications recently launched the company's Android-based Xperia Sola that utilizes the "Floating touch" technology. The Xperia Sola is one of the smartphones launched by Sony since the company decided to drop the name “Ericsson” in their mobile business.

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