BUSINESS

Aussie Dollar Nudges Higher After Strong GDP

The Australian dollar nudged higher after latest official figures showed the nation’s economy is stronger than expected. According to the latest ABS figures, GDP grew 1.2 per cent in the June quarter 2011and 1.4 per cent from a year earlier.

Thinner and Lighter Battery for iPad 3?

New reports about the next generation iPad are claiming the iPad 3 will have thinner and lighter batteries that will have more a longer service life but will be 30 percent more expensive than those found in the current iPad 2.
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New York Turns the Page from 9/11 Trauma

Speaking only days before the 10 year anniversary of the September 11, 2001 attacks, the mayor Michael Bloomberg has earlier in the week described lower Manhattan's recovery and facelift as "one of the greatest comeback stories in American history" according to New York Daily News.

CSL And The Swiss Franc

- SNB caps the Swiss franc- CSL exposed to USD/CHF- AUD might find further supportBy Greg PeelBack in 1978 the German economy was in a sorry state and funds were flowing steadily out of the German mark and into the safety of the Swiss franc.

Yahoo Fires CEO Carol Bartz

Yahoo Inc. has confirmed that it has fired CEO Carol Bartz and has named Tim Morse, Yahoo's chief financial officer as interim CEO. Several senior Yahoo executives were also named to the newly formed executive leadership council while the company searches for a permanent CEO.

How Do Stockmarket Declines Impact On Economic Growth?

- Stockmarket falls impact on economic growth- Impact is felt by both corporates and consumers- Danske Bank suggests US economy may be less resilient going into 2012By Chris ShawOver the past month, fear of recession and ongoing uncertainty with respect to European and US debt issues has seen equity...

Australian Stock Market - Morning Report 09/07/2011

The US ISM non-manufacturing survey rose from 52.7 to 53.3 in July - ahead of expectations. The pickup in service sector activity was supported by a rise in new orders and exports. Encouraginly the prices index also rose.

Global Markets Overview 09/07/2011

U.S. stocks dropped for a third straight session as investors continued to flee risky assets and the Standard & Poor's 500-stock index notched its worst ever three day start to September

Big Retailers Crushing Online Stores, Claims eBay

Popular retail stores are telling distributors and wholesalers to stop selling products online if they have the same in their stores, claims eBay. Responding to draft recommendations released by the Productivity Commission last month, eBay managing director (Australia and New Zealand) Deborah Sharkey alleged on Monday that certain unidentified Australian retailers had taken an anti-competitive approach to block the availability of products at online sites.

Hacking of DigiNotar Brings World Wide Web Turmoil

The Dutch government reported on Monday that a hacking attack on a Dutch Web security firm in July led to the issuance of fraudulent certificates for major Web sites, including that of the Central Intelligence Agency and Twitter.

Sony Tablet S and P: Nine Crazy Reasons Why I Should Buy These Hip & Hot Tablets

Sony announced Monday that its first two Sony Tablet devices is already available for pre-sale and will be available in shelves.With so many tablets being launched in the market today, I thought about listing reasons why I should be buying tablets from the Japanese Electronics giant instead of the Apple's iPad and the tablet imitations (if you believe Apple's claims in its lawsuits), and later do some little research to verify if my first impressions were correct.

NBN Co. Reveals Partial Construction Schedules for NBN Roll Out

Construction of the telecommunication infrastructures required in the full roll out of the National Broadband Network (NBN) is now in full swing, with NBN Co. announcing on Tuesday that initial works are set to commence on Geraldton, Western Australia on October

FWA Ruling Disappoints Qantas Pilots

Qanta's long-haul pilots have described today’s ruling by Fair Work Australia, regarding NZ-based Qantas subsidiary Jetconnect, as disappointing and concerning.

No Rate Cut In Sight

By Greg Peel"Beyond the near term, growth is still likely to be at trend or higher, unless the world economic outlook continues to deteriorate.

CSG Producers Embark on Ad Campaign

Australia's oil and gas firms have launched an information campaign to convince the public of the benefits of CSG and erase negative public perception of the industry.

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