BUSINESS

What Will the Xbox Update Mean for the Future of Television?

Microsoft Corp. released an update on Tuesday for its Xbox 360 console that will allow users to interact with their televisions in a completely new way. Now users with Kinect can tell their televisions to play movies or switch channels with a simple voice command.

Deutsche Bank CEO Gets Letter With Bomb

A letter that arrived at the Deutsche Bank headquarters in Frankfurt, Germany Wednesday was found to contain an explosive device after it passed through a mail room security X-ray.
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Delays Hound Windimurra Vanadium Mine Project in WA

Mining firm Atlantic (ASX: ATI), based in Perth, has admitted on Thursday there are delays in reviving its Windimurra vanadium mine in Western Australia. To address the delay, the firm will resume trading after a self-imposed trading halt.

November Term Prices of Uranium Falls

Term prices of uranium for November month-end closed at $51.50 per pound, a decline of $0.25 from end-October, showing yet again a fading buyer interest as opposed earlier in the month when spot prices reached higher than $4 per pound.

Sony Ericsson’s Best Mobile Features

Sony Ericsson is a joint venture between the Japanese company Sony Corporation and the Swedish telecom company Ericsson to manufacture mobile phones. It used to be the 4th largest mobile manufacturer in the world after Nokia, Samsung, and LG. However, in 2010, its market share fell to sixth place.

Celebrities Suffer Investment Losses, Property Foreclosures

Not even wealth and fame could shield them from the financial crisis gripping homeowners in the United States. Celebrities were also victims of bank foreclosures and lost millions invested in properties acquired when real estate was booming.

Australia's November Construction Index Improves, Rises 4.9%

The Australian Industry Group Australian Performance of Construction Index was 4.9 points stronger in November at 39.6, although it was still well below the 50 point level separating expansion from contraction. November marked the 18th straight month the national construction industry index has been in the red.

ABARES Forecasts Bumper Yields for Key Australian Crops

It will be an abundant harvest season for Australia, thanks much to perfect weather conditions that the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said should lead to more than 43 million tonnes of yield from most of the country's farming regions.

Will the New RBA Rate Cut Save the Aussie Christmas?

The cash rate push back decided by the central bank on Tuesday would certainly lift some pressures off consumers' shoulders, possibly fueling more shopping activities but not enough for retailers to celebrate a glorious Christmas season.

New Look Centro Has Appeal

By Greg PeelIn the lazy, crazy, hazy days leading up to 2007, money was cheap, property values were rising, and gearing levels never seemed an issue.

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