Result Page 344 for Latest Business News & Archive

NAB Cuts Fixed Rate to 6.34 Percent

National Australia Bank now offers the best one-year fixed rate among Australia’s largest banks, after it slashed its fixed interest rates by as much as 0.15% on Tuesday.

Local Markets Fight Rent Hike as Online Vendors of Fruit and Veg Thrive

Stall owners at local markets are facing twin challenges today, that of a thinning market and skyrocketing rent. Traders agree to find ways to attract local shoppers back.

Faulty Signature Update Causes Microsoft to Classify Google Chrome as Malware

A faulty signature update for Microsoft Security Essentials and Microsoft Forefront made an error on Friday and classified the Google Chrome executable file for Windows as a malware, specifically a ZeuS Trojan.

Emaar’s Dubai Bank Write-Off Sends Profits Tumbling

Some mixed news for Emaar properties, one of Dubai's - state owned - master developers. That is, mixed news, not in a share of good and bad news, but rather in the fact that the bad news was tinged with goodness.

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iPhone 5 Event: Five Things We'd Love to See But Won't

Apple Inc. unveils the highly hyped fifth generation iPhone at its Cupertino, California headquarters. The event marks the first time Tim Cook will take center stage after succeeding the ailing Steve Jobs. While hoping to stride out from Jobs' shadow, he hopes to retain the Apple founder's magic in pitching new Apple devices. More than whether Cook will give the first impression that he is a showman and a visionary like Jobs, here are five things we'd love to see at the Oct. 4 but pr...

Woolworths Points the Finger at Parlamat for Milk Contamination

Woolworths is recalling 3 litre Homebrand Full Cream Milk for possible contamination of food-grade dairy cleaning solution. Food products containing cleaning solution may cause illness to some if consumed.

Woolworths Recalls Tainted Milk

Woolworths has recalled some of its home-brand milk and has reassured its customers that the recall is just a precautionary measure.

Amazon Selling the Kindle Fire at a Loss

Amazon.com new Kindle Fire tablet costs $209.63, IHS iSuppli estimated on Friday but since Amazon is selling the tablet for only $199 every tablet is costing the company $10 to produce.

Western Australia Now Easily Accessible via Margaret River Phone App

The Margaret River Guide phone app has been launched to help visitors and tourists enjoy the best of their stay and vacation in one of Australia's most stunning territories.

ANZ Bank Fees Class Action Returns to Fed Court

Australia’s largest consumer class action returned to the Federal Court today with Maurice Blackburn representing around 34,000 ANZ customers who have filed against the bank in protest against the bank’s exception fees.

Ashton Sells 10% Of Maules Creek Project For A$370M

Ashton has agreed to sell 10 % of its stake in Maules Creek Project for A$370 million to J-Power Australia Pty Ltd, subsidiary of J-Power of Japan.

Microsoft Admits Anti-Virus Patch Disabled Google Chrome

Microsoft is admitting that its in-house anti-virus product, Microsoft Security Essentials, had targeted Google's rival Chrome browser for blocking or even deletion, which the company insisted was unintended.

Rising Consumer Prices Spur Inflation Jump in September

Seasonal spikes on three major consumer goods led to more than two percent surge in inflation over the past three quarters, according to the latest inflation measures released on Monday by the TD Securities-Melbourne Institute.

RBA Interest Rates to Remain Unchanged with Slowing Inflation

The inflation report on Monday showed a decline in prices of fruits and vegetables which dropped by 5.6 percent last month after a decrease of 1.6 percent in August.

Rush is Wrong (about General Motors)

Limbaugh blasts GM for trying to sell the Chevrolet Volt in China, but his central premise (based on a New York Times story, no less) may be wrong.

Samsung May Launch 7-Inch Galaxy Tab in Australia Before Christmas

Samsung plans to launch an upgraded version of the 7-inch Galaxy Tab in Australia before Christmas, Smarthouse reports.

Coke to Personalise Packaging for Australian Mass Market this Summer

In a world-first Australian experiment, Coca-Cola is replacing the "Coke" branding with one of 150 of Australia's most popular personal first names for its next summer marketing campaign.

Aldi's Federal Court Win Signals Possible Eftpos Fees for Customers

Aldi has won its Federal Court case against ePAL, which has been found liable for misleading and deceptive conduct under the Competition and Consumer Act.

AFG Warns Against 'Laughable' One Big Switch

Mortgage industry aggregator Australian Finance Group (AFG) has come out in support of the broker proposition, by issuing a warning to consumers over the loan offer being provided by One Big Switch.

High Coal Prices to Remain Inspite Erratic Global Market Shifts

Coal prices, along with iron ore, will endure erratic price adjustments despite the global markets' roller-coaster ride and declining output in China's manufacturing, analysts and experts said.

Greek Labor Unions Spurn Government Idea of Labor Reserve

Big labor groups in Greece are up against the proposal of Prime Minister George Papandreou's government to place some 30,000 state workers in a special labor reserve force with lower wages as part of its austerity measures to reduce the nation's budget deficit.

Japan to Seek Help Against Cyber Attacks after Hacking of Mitsubishi Heavy

Japan intends to work more closely with private firms dealing with internet security after Mitsubishi Heavy, which works closely with Boeing, said in September network information such as IP addresses may have been leaked.

$50M ANZ Class Action Suit Hearing Starts in Melbourne Federal Court

The $50-million class action suit filed by 34,000 ANZ customers has taken a first step forward by starting on Monday hearings in a Melbourne Federal Court.

Australia's Manufacturing Sector Continues Slack in September

Manufacturers experienced another tough month in September with the Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) down 1.0 point to 42.3, indicating a further weakening in the sector.

Investors Are All Cashed Up, Waiting On The Sidelines

Investors in Australia have used the uncertainty and extreme volatility in share markets over the past two months to further reduce exposure to higher risk equities in favour of pure plain cash in the bank.

Steel: Global Production Still On Track

World crude steel production was the second lowest monthly total so far this year, despite continuing solid production in China and most of Asia.

How Many Millions of Kindle Fire Can Amazon Sell?

Amazon CEO Jeff Bezos had announced during the launching of the Kindle Fire tablet in New York City on Wednesday that the company is producing millions of the device for customers. But just how many Kindle Fires can Amazon really sell?

Qatar Holdings Invests $1B in Greek Mining Company

In what seemed to be a major breakthrough for debt-ridden Greece, it had gained trust from a Qatar-based holdings firm to invest in one of its gold-mining projects.

BlackBerry PlayBook at $99? Fine Dining for Now, But Cheap Eats Later

If its niche crowd, the managers and professionals, ate a BlackBerry Bold or Torch for lunch and have the BlackBerry PlayBook for dinner, Research In Motion Ltd. would have given free beers to everyone. But the problem is that there are fewer business users are ordering BlackBerries, and the existing users are picking an iPad or an Android tablet.

Deal for Palm Could Hurt Amazon More Than Android

Ditching the Android and have its own platform in webOS could make sense for Amazon. The retailer has an unmatched portfolio of goods and services -- including songs, movies, books, apps, etc. -- that it could integrate to its own platform for mobile devices.

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