BUSINESS

The Rise and Fall of Yahoo's Jerry Yang

Jerry Yang built-up his name by transforming a start-up tech firm into a multi-billion dollar global company, becoming the toast of the tech world in so short a time, which lasted until Yahoo's gradual and eventual decline.

Plane Fares Drop With Entry of AirAsiaX to Sydney

Australian travelers are expected to benefit from the drop in plane fares as more competition heats in the aviation industry with the offer of AirAsiaX daily trips from Sydney beginning April 2.
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Wholesale Aggregators Have Failed: Osborne

Wholesale aggregators have been lambasted for failing to deliver on their promise of building and supporting independent broking businesses.

Performance Reviews: Scrap Them?

The New Year period often means a plethora of performance reviews, which, depending on how they are administered, can mean a heavy time burden for HR directors and their teams.

The Euro Rejoins The Risk Pack, But For How Long?

By Kathleen Brooks, Research Director UK EMEA, FOREX.comThe dollar was generally bid for most of the London session; however it has managed to claw back some gains mid-afternoon, as the euro stumbled as it made attempts to crack 1.

Global Markets Overview 18January 2012

U.S. stocks gained Tuesday after strong economic data in the U.S., China and Germany fueled optimism over the pace of global economic growth, setting up stock indexes for their highest close in nearly half a year.

Australian Stock Market Report – Afternoon 1/17/2012

The local share market enjoyed a strong session today, with investor sentiment boosted by a positive offshore lead, better than expected Chinese economic data and strong quarterly production reports from a number of our key mining and energy companies. The All Ordinaries Index (XAO) added 68.8pts by close or 1.6pct to 4277.7 while the S&P/ASX 200 Index (XJO) firmed by 68.4pts or 1.7pct to 4215.6.

BAE Systems Taps Australia for Titanium Component of F-35 Jet

Aircraft manufacturer BAE Systems will taps its Australian unit to put in place an aerospace component manufacturing operation in Adelaide which would produce titanium parts for the F-35 Joint Strike Fighter (JSF).

NZ Maritime Union Warns of Aussie Exodus

Ports of Auckland workers warned against contracting jobs lest they will be compelled to leave the country, the Maritime Union says.

Mobile Devices Continue to Slash Down PC Desktops Use

It was a case of 'video killed the radio star' scenario as personal computers, latest industry figures showed PCs continuing their gradual decline, no thanks to the rising dominance of mobile devices.

Aussie Banks Face Prospect of Massive Job Cuts This Year

Gloomy market environment and government intrusions were being blamed by the banking sector for the projected job losses that the industry could witness this year, which could run to thousands of job cuts, media reports said.

More Home Loan Applicants Prefer Stability Offered by Fixed Rates

More and more Australians are opting for fixed home loans as the Australian Bureau of Statistics (ABS) reported this week that fixed mortgage soared to 11.1 percent in November just weeks after the central bank pushed back the country's cash rate.

Bleak Employment Future in Australia’s Banking Sector

Reflecting Australia's two-speed economy, job prospects in the country's banking sector are expected to be bleak for 2012 while the resources sector has thousands of job openings and even has to take in immigrant workers to fill in the vacancies.

Term Buyers Enter Uranium Market

By Greg PeelIndustry consultant TradeTech closed out its spot uranium price indicator for 2011 at US$52.

The Economy: No Change

Despite a post New Year burst of gloom about retailing, online shopping and employment, the reality is that the Australian economy has remained where it was in December, doing a bit better than many media reports suggest, and doing poorly as the same media reports suggest.

Markets: The New Year Rally Snuffed Out

Europe's 2011 woes returned from their Christmas holidays earlier than expected thanks by the Standard & Poor's ratings downgrades and investors here and offshore will have to be very careful.

Top Losers at CES 2012

The Consumer Electronics Show is over and the only thing left to do is mop up the losers of the biggest electronics trade show of the year. Here are some gadgets and companies that made a poor showing at CES 2012.

Investment: Tough Time Ahead, According To Early Reporters

It's not 'new' news, given the damage done to share portfolios over the past six months or so, but we had further confirmation yesterday that the poor performance of equities is going to be bad for the country's listed investment companies and broking firms.

Decoupling EUR/USD And Equities?

By Rudi Filapek-VandyckFNArena has added another video to its Investors Education section on the website.

Global Markets Overview 01/17/2012

European stock markets rose Monday, as the French government successfully sold Treasury bills and investors shrugged off last week's news that Standard & Poor's downgraded the credit ratings of nine euro-zone nations, including France, Italy and Spain.

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