Result Page 322 for Latest Business News & Archive

WebOS Undead: New Device Coming?

Google could have a potential enemy now that HP (Hewlett Packard) revealed that they are planning to pursue their WebOS project which is incidentally, also an open source project.

Sharp, Samsung Settle Anti-Trust Case for $553 Million

Seven LCD manufacturers in Asia including Sharp Corp. and Samsung Electronics Co. agreed to pay $553 million to settle anti-trust claims for illegally fixing liquid crystal display prices in televisions, notebook computers and monitors.

Are Carriers Limiting the Chances of Windows Phone?

Microsoft Corp's Windows Phone Marketplace now has more than 50,000 apps available which makes the Windows Phone the second fastest growing app store after Apple. That is good news for Microsoft which took a year to reach 40,000 apps on Windows Phone but only 40 days to reach the 50,000 milestone. On any given standard, the fast growing app store, the good reviews for its Windows Phone; one would expect Microsoft to have a better slice of the smartphone market but it only managed to grab just...

Last-Minute Sales Surge, Boosting Retail Players' Cautious Optimism

The Boxing Day aftermath proved encouraging enough for the Australian retail sector, and major players are still cautiously optimistic about the general picture.

More news

BHP Assures Rail Route for Toxic Products from Olympic Dam Expansion Safe

Amid the spate of train accidents in Australia involving shipment of minerals, BHP Billiton (ASX: BHP) assured on Thursday that the route it would take to move toxic products from its Olympic Dam expansion is safe.

Australia Markets (Opening Calls) 29 December 2011

The S&P 500 fell 1.3% on a forex related move, after EUR/USD traded down to an eleven-month low.Among the major averages, the Dow Jones Industrial Average fell 1.1% to 12151. The S&P pulled back 1.3% to 1249, below its 200-day moving average, while the NASDAQ dropped 1.1% to 2267.

Will Electronic Devices Interfere with Airplanes?

Anyone who's ever flown knows the drill before take-off. Seatbelts on and turn off all electronic devices. However according to a study conducted by U.S.A Today more people are refusing to turn off their electronic devices even during take-off, flight and landing. What are the effects of these electronic devices to a plane? Will they really cause a plane to drop out of the sky?

ACTU Criticises Australia’s Renewal of Trade Agreement With Fiji

The Australian Council of Trade Unions (ACTU) criticised the Australian government on Tuesday for renewing a textile, clothing and footwear scheme with the Fiji government. The scheme is part of a multilateral trade agreement, which ACTU President Ged Kearney insisted would not improve the lives of textile workers in Fiji who are paid low wages.

Jetstar Reveals Growth Plans for New Japan Venture

Jetstar has revealed plans to attract another partner for its new Japan venture, the Jetstar Japan, adding up to the budget airline's present investors - Japan Airlines and trading firm Mitsubishi.

Cliffs Natural Resource Buys Atlas Iron’s Magnetite Project for $18 Million

International mining company Cliffs Natural Resources bought Atlas Iron Limited's (ASX: AGO) magnetite project for $18 million.

LCD Price Cartel Settlement Case Fetches $553 M in Payments

Major consumer electronic firms, led by Samsung and Sharp, have agreed to settle on Tuesday the U.S. lawsuits that alleged they collaborated to control prices of LCD panels, reports said.

America's Sears to Close Down 120 Stores Soon

Sears chief executive Lou D'Ambrosio announced on Tuesday that up to 120 Sears and the iconic Kmart stores will close shop soon, citing that the outlets targeted for shutting down failed to generate "the results we were seeking during the holiday."

Union Claims 400 Workers Exposed to Asbestos at Sydney Museum Redevelopment

The Construction Forestry Mining Energy Union (CFMEU) charged that 400 workers may have been exposed to asbestos for about one year in the $50-million redevelopment of the Museum of Contemporary Arts building in Sydney.

Foxconn Reveals $1-B Production Upgrade Plan in China

Foxconn, assembler of Apple's iPad and iPhone, has unveiled plans to upgrade its production capacity in mainland China, expanding the company's existing plant in the country's Henan province, reports said.

Arc Exploration Suspends Gold Project in Indonesia Due to Violent Protests

Australian mining company Arc Exploration (ASX: ARX) temporarily suspended the operation of its gold project at Bima in the Indonesia island of Sumbawa after violence broke out on the site on Christmas Eve.

Former Mobile Phone Employee Faces Lawsuit Over Twitter Followers

A lawsuit filed by a mobile phone company against one of its former employees could make clearer the blurry lines on the use of social networking sites by employees for work.

Legacy Iron Ore Gets 60% of Hawthorn Resources

Indian-backed Legacy Iron Ore is poised to acquire a 60 per cent control in Hawthorn Resources, a move that will see the accelerated development of the Mt Bevan magnetite project in Western Australia.

Italy Fines Apple $1.18 Million for Misleading Consumers

Italy's Antitrust Authority fined three Apple companies $1.18 million (900,000 euros) for misleading local consumers on warranty terms and customer assistance.

China Sets Rare Earths Export Quota for 1st Half of 2012

China's Ministry of Commerce (MOFCOM) announced Chinese exporters of rare earths elements will be allowed to sell 10,546 tonnes of in the first six months of 2012, a 27 per cent reduction from the quota set for the first half of 2011.

Android Poised to Increase Market Share with 'Ice Cream Sandwich'

The release of Android 4.0, also known as Ice Cream Sandwich, paves the way for the mobile platform's further ascension in the tightening battle for mobile market supremacy, reports said.

Rio Tinto Extends Offer for Hathor Exploration Shares Until Jan 6

Mining giant Rio Tinto (ASX: RIO) announced on Thursday that it has extended its offer to purchase Hathor Exploration shares to 5 p.m. of Jan 6, 2012. The offer, made through an indirect wholly-owned Rio subsidiary in Canada, is for C$4.70 in cash per common share.

Samsung Set to Acquire Full Control of LCD Partnership with Sony

Sony and Samsung announced on Monday a deal that would transfer whole ownership of S-LCD Corp, an entity jointly-owned by the two consumer electronic firms, to the South Korean tech giant.

Adam Internet Offers Business Cloud Computing in South Australia

Service provider Adam Internet announced on Friday the roll-out in 2012 of its Business Cloud computing service in South Australia.

British Economy Faces Deeper Recession in 2012

Tighter spending policy and deteriorating economic states of immediate neighbours may push British economy into a new recession.

Bank of Melbourne Moves Fixed Rate Peg

Bank of Melbourne has reduced fixed rates, only a week after offering to price match any other major.

Brazil Inches Further with Economic Growth, Surpasses UK

Declining Euro economies have catapulted Brazil past the United Kingdom this year, placing number six on the strength of the former's rising trade partnerships with growing Asian economies, mostly led by China, Japan and India.

Retailers Use Loopholes to Pass Off Foreign Products as Made in Australia

Australian supermarkets are passing off foreign products as Made in Australia by using loopholes.

52% of Australians Unaware of Their Rights as Consumers

A survey by consumer watchdog Choice found that 52 per cent of shoppers are unaware of their rights regarding the purchase and return of products.

Retailers Expect to Generate More Than $1-B Sales from Boxing Day Sales

Retailers are jostling to get a prime piece of the projected $1.1 billion gross that the Boxing Day is expected to generate on Monday, a fraction of the more than $14 billion that Australian consumers are set to unleash in the days ahead.

Smartphones Helped More Shoppers be Savvy

Gone are the days where the use of smartphones was limited to “geeks”. Nowadays, shoppers are now utilizing the potential of smartphones as a tool to help them get through their shopping needs.

Sony: We Didn’t Apologize for PS Vita Bugs

Sony Corp. has denied news reports that the company has apologized for the glitches with its newest console the PlayStation Vita. According to Sony, there was no evidence of widespread bugs on the Vita and that the reports about Sony apologizing were not true.

BUSINESS

Pages