Fashion magazines are now selling the goods they cover in e-commerce sites and could potentially become competitors to retail stores like Neiman Marcus and Barneys New York.
MIDDAY REPORT
(12pm AEST)As expected, the Australian share market is wiping out yesterday's falls with the All Ordinaries index (XAO) up 2.9 pct or 114.9 pts to 4042.5. Keep in mind that despite the improvement, the market locally has still lost ground for five of the past seven sessions.
- The Good Guys are up for sale- A chance for Woolies or Wesfarmers?- The business could bolster either's hardware chainsBy Greg PeelCome in a see the Good, Good, Good Guys / Pay cash and we'll slash low prices.
Air New Zealand hiked its stake in Virgin Australia by 5 per cent to 19.99 per cent. With the increase, the flag carrier became the second largest shareholder next to parent firm Virgin Group.
Vodafone Australia has put a teaser site that allows users to register to get information on "this year's biggest smartphone release," which the ad hints is "coming soon to Vodafone."
The MFAA has echoed warnings from Gadens Lawyers about the use of the term "independent" in describing the services provided by mortgage brokers.
It's now clear that gold and silver have emerged as the major casualties of the current sell-off, only 10 days after gold dealers and several leading forecasters predicted the price would top $US2,000 an ounce by the end of the year.
While global and domestic data highlight the need for a rate cut, the RBA does not seem swayed, Westpac has said.
Greek lawmakers are expected to make crucial decisions today on the property tax that may serve as the means to convince the International Monetary Fund (IMF) and European Union (EU) to make available an 8 billion euro ($11 billion) loan.
Touted as the fastest broadband access available, Telstra announced on Monday the availability of its 4G long-term evolution (LTE) mobile network that the company said will be deployed to eight central business districts (CBDs) and 30 regional metropolitan centres nationwide.
By Jamie SaettelePrepared by Jamie Saettele, CMT"The month + crude rally may be nearing completion. The advance can be counted in a corrective manner (wave c diagonal).
The AUD has strengthened overnight, opening above USD0.9800, as markets cautiously thought through the possibility the world economy may avoid a global recession.
After the Mongolian government stated it wants to acquire a bigger equity in the Oyu Tolgoi copper and gold mine at a much earlier pace, Rio Tinto has cemented its shareholdings on the company, Ivanhoe Mines, which directly manages the said mining project in Mongolia. Rio Tinto now owns 49 percent of Ivanhoe Mines.
By Greg PeelIt was a relatively busy week in the spot uranium market last week given industry consultant TradeTech reports eight transactions were completed totalling over a million pounds of U3O8 equivalent.
By Greg PeelThe Dow rose 272 points or 2.5% while the S&P gained 2.3% to 1162 and the Nasdaq struggled with a 1.
MORNING REPORT
(7am AEST)US new home sales eased by 2.3pct to an annual rate of 295,000 in August, in line with the consensus forecast. There were just 162,000 new homes available for sale - the lowest on record. The Chicago national activity indicator weakened from an upwardly revised reading of +0.02 in July to minus 0.43 points in August. The Dallas Fed manufacturing output index lifted from +1.1 in July to +5.9 in August.
The developers of Minecraft are burning the midnight oil to meet the goal of unveiling a full version of Minecraft on 11/11/11. Just two weeks after releasing Minecraft 1.8, another adventure update to the sandbox building indie video game written in Java by Swedish creator Markus "Notch" Persson, has been leaked. Persson has also tweeted that Minecraft 1.10 is in the works.
Thousands of farmland owners staged a massive riot against the authorities in Guangdong province last week in protest for forcibly selling the farmers' lands for a commercial complex, New York Times reported.
Game developer Mojang has announced that Minecraft will be available on touch-screen phones running on Google Inc.'s Android platform on Sept. 29.
Oktoberfest is just around the corner. Equipped yourself with different drinking apps to monitor your drinking.
Frequent travelers can count on their iPhone as a great travel buddy. And why not? Your iPhone can be downloaded with great travel applications that can rival an experienced travel guide.
About 60 per cent of Australian mortgage holders have decided to create a bigger savings buffer for ‘unforeseen circumstances’ amid recent financial market turmoil, according to independently-owned mortgage broker, Mortgage Choice.
Amazon.com Prime members will now be able to stream FOX movies and TV series. The announcement came two days before Amazon is expected to launch one of two Kindle tablets to rival Apple's iPad.
A Tallai mansion previously voted house of the year by the Queensland Master Builders Association has been snapped up by an undisclosed buyer for $5.8 million prior to its auction on October 5.
If Facebook starts charging users $1 for a life-time membership, Mark Zuckerberg and company would gross $800 million. If the social-networking charges $1 per month, it would receive a whopping $9.6 billion a year assuming all users are willing to pay up.
Health concerns arise once more in Japan as dangerous levels of the radioactive cesium could be present in Japan's biggest crop staple--rice.
Apple is currently in a legal battle with Samsung to ban the device from Australia due to patent infringements. Samsung had agreed not to sell in Australia until the hearing in Sydney is concluded. Apple had asked Kogan to withdraw the product and threatened to sue the retailer along with Samsung if it didn't comply.
In spite the tightening of oil supplies as Libya is yet to regain its normal oil production output, the prime commodity is expected to fall a third straight day on Friday to to $80.09 per barrel.
Rio Tinto is mulling to spin off a fraction of its Australian aluminum assets as a planned carbon emissions tax would surely raise costs and lower profit margins for the global mining company, the Australian Financial Review said Monday.
Several have tried to unseat Apple as King of the Tablets but they've all fallen by the wayside. Samsung, Motorola, Acer and Research in Motion have all fielded their tablets only to be beaten by the Apple giant. Hewlett Packard tried with the TouchPad this summer and is now scrambling to recuperate its losses.
