BUSINESS

Lynas Approaching Blanket Coverage

- Lynas Corporation closer to first rare earth production- Upside potential still significant even if further delays- Macquarie initiates with an Outperform ratingBy Chris ShawWith the Mount Weld Rare Earth Project close to first production, market interest in Lynas Corporation ((LYC)) is growing.

ICTSI 9-Month Income Up 39 Percent to $98 Million

Philippine-based international port developer International Container Terminal Services, Inc. (ICTSI) posted revenue from port operations of $474.9 million for nine months ending Sept. 30 2011. The income based on ICTSI's consolidated unaudited financial results for the period is 29 percent higher than the $368.2 million reported in the same period last year.
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Citibank Readies Segmentation Strategy

Citibank will take the wraps off a new broker segmentation strategy in coming months, following the appointment of new head of broker distribution Aaron Milburn to drive its third party push.

Foodbank, Dairy Industry Provide 10,000 Servings of Free Milk Daily to Aussies in Need

Despite Australia being a prosperous nation, 11 per cent of adults in the country and 12 per cent of children live in poverty. About one million Australian children do not always have enough to eat. Efforts of Foodbank, the largest hunger relief organization in Australia, to reach these needy residents got a boost following the commitment by the Australian dairy industry to provide one million litres of milk yearly for residents in need.

Landmark Tobacco Plain Packaging Laws Near Realization

Barring any possible glitches, cigarettes marketed in Australia will hit the shelves in December 2012 bearing nothing but a plain olive brown packaging and a bold health advisory meant to dissuade smokers from lighting their next stick.

Apple, Google Emerge as New Gaming Market Leaders

Apple and Google continue to ramp up their assault on the mobile gaming sector as the two giant tech firms again registered growth that analysts said could soon obliterate the dominance of previous market leaders that date back in the early 1990s.

Thai Flood Claims to Cost IAG $50 Million

With about 1,500 claims from Thais, Insurance Australia Group (IAG) is expected to pay out $150 million in flood claims following the recent inundation of Thailand.

CoD: Modern Warfare 3: Why This Will Kill Battlefield 3

Everyone would want to have the first dibs on the third installment to the Modern Warfare series The Call of Duty: Modern Warfare 3. It was simultaneously launched in Europe and Northern America on November 8, 2011, with versions on Microsoft Windows, Xbox360, Playstation 3, Wii and Nintendo DS

iPhone 4S: Top 5 Things You Need to Know Before Ordering

When you hear Apple, it doesn't always mean perfection. Just like the previous iPhones released, iPhone 4S had its share of shortcomings. So don't fret when you encountered some of these in the course of your mobile experience.

Myer Shutters Underperforming Stores

Australian retailer Myer announced on Thursday plans to shutter underperforming stores and boost its online presence to reach an overall sales target of $4 billion by 2015.

New Technology to make Solar Power Cheaper

Solar power is perhaps one of the most expensive renewable energy technologies today, but developments are underway to make it cheaper and more economical. Researchers at Argonne National Laboratories and Penn State are saying that luminescent solar concentrators (LSCs) could eliminate the cost barrier.

The Economy: Still Solid

Now watch attitudes towards the state of the Chinese economy change after a sharp fall in monthly consumer and producer inflation in October.

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