BUSINESS

iPhone Debut Runs Amok in Beijing

Apple Inc. suspended its sale of its new iPhone 4S in China Friday after irate shoppers pelted Apple's flagship Beijing store with eggs and fought with security guards in a desperate bid to get their hands on the new device.

Online Competition: Bricks and Mortar Retailers' Main Threat

Retailers from all over the country are looking through rose colored glass despite many online competitors threatening to lower sales this year. Sales expectations plummeted by 26 points (index of nine) as compared with the same time frame for the past year.

Android’s Virtual Assistant

The iOS has obtained exclusivity of the virtual assistant SIRI and gained remarkable scores and comments from users and critics. It has made iOS smartphones unique against the Android devices by defining the meaning of intelligence. However, the virtual assistant is still in development for best usage in a lot of countries.
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Iranian Scientist Killed: How to Check for Car Bombs

Neutron generator and laser Doppler vibrometry, sound familiar? These are the technology used to detect car bombs. The threat of car bombs is real, and whether a person is paranoid or just plain staying safe, how can people check if their automobiles have been rigged to blow up?

Insurance Industry’s Profit Margin to be Hit by Natural Catastrophes

Climate change is changing the financial landscape of Australian insurance companies. The Insurance Australia Group (IAG), whose profit margin is expected to be hit anew by natural catastrophes, warned that the changing and less-predictable climate has the potential to reduce insurers' capacity to calculate, price and spread the weather-related risk.

Global Markets Overview 01/11/2012

U.S. stocks remain higher but are off session highs Tuesday afternoon after strong gains overseas and an upbeat start to the U.S. earnings reporting season pushed blue-chip stocks to levels not seen since late July.

Dell Kills Inspiron Netbook

Dell, a known PC maker announced that the company would be putting a stop in their Inspiron line of netbooks.

Sony Develops New Crystal LED Display

Sony Corp. has introduced a new technology for television that uses 55 million LEDs to create a sharp and clear image that, according to Sony is far superior to traditional LCD displays.

Qantas Leads List of Top 10 PR Disasters in Australia for 2011

The year 2011 will go down in Qantas's history as one of its worst. It was the year that saw the air carrier hit by several strikes from pilots, ground crew and aircraft engineers. As a result, Qantas Chief Executive Alan Joyce unilaterally grounded the air carrier's fleet for two days, causing major disruption in travel plan of Qantas passengers.

Australia Honey Bee Producers Fight Off Asian Competition

The Department of Agriculture, Fisheries and Forestry (DAFF) killed last week about 300 Asian honey bees found on a cargo ship in Townsville, which came from Port Moresby. The operation was made after DAFF biosecurity officers inspected shipping containers and the vessel which subsequently led to the extermination of the bees.

The Ascent of Ginia Rinehart to the Family Business Empire

Ginia Rinehart is probably the 2010 decade's new icon of wealth, comparable to what Christina Onassis was in the 1970s and 1980s. At age 25, Ms Rinehart is set to become the sole heir of the richest person in Australia with $10 billion to her name. However, it would not come easily because of court cases from her siblings who are locked in a legal battle with their mother, Gina Rinehart.

More Aussie Retailers Join Online Bandwagon

More Australian retailers are set to join in 2012 the online bandwagon. The shift to e-commerce over traditional bricks-and-mortar stores confirms the truth behind the cliché - If you can't beat them, join them.

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