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EU Court Rules German Pilots Can Fly Until Age 65

The European Court of Justice in Luxembourg has ruled that Lufthansa pilots can fly a plane until the age of 65 after finding the airline's age restriction for such workers as constituting discrimination.

American Dream Beams Bright in Palo Alto

The billions of dollars in Facebook founder Mark Zuckerberg's bank account must have inspired so many young technology geeks in the U.S. that they are following the footsteps the Internet mogul took when he was in university.

On Gold And Gold Stocks

By Greg PeelThe problem with assuming the price of gold simply has to go higher in the current short and longer term climates is that everyone is pretty much on the same page.

Asia: Growth Slows A Touch, But Still Strong

Some good news on interest rates and consumer confidence yesterday means the economy isn't in such a gloomy place as many had thought especially economists, and possibly the Reserve Bank.

Gulf Property Developers Shift From Audacious to Economical Projects

In the Gulf, developers are learning from what did not work and moving on to what is feasible for all. Property developers in the Gulf are trying something new in the market -- focusing on actual housing demands with great consideration to economic reaches of the potential occupants.

Property Appetite Hits Two-Year High

Stable rates have proven a boon to consumer confidence, with more households now eyeing the housing market than at any time in the past two years.

Missoni Sale Causes Crash of Target Website

Target.com's Website crashed on Tuesday morning following intense cyber interest created by its sale of Missoni items, an Italian fashion brand known for zigzag knits and bright patterns.

Crude Corrective Rally Nearing Completion?

By Jamie Saettele,Prepared by Jamie Saettele, CMTThe month + crude rally may be nearing completion. The advance can be counted in a corrective manner (wave c diagonal).

Qantas Workers to Strike for 4 Hours on Sept 20

Qantas workers belonging to the Transport Workers Union will strike on Sept. 20 for four hours. The job walk-off is over enterprise negotiations, particularly a 5 per cent pay increase and clauses that would limit the use of contract labour.

Global Markets Overview 09/15/2011

Stocks surged as investors found reasons for optimism in a barrage of headlines from Europe. The Dow Jones Industrial Average rose 140.88 points, or 1.27%, to 11,246.73, after a day of whippy trading.

Sony to Start Global Rollout of PlayStation Vita in Japan on Dec. 17

In a press conference, Sony Corp said it is set to kick off the global rollout of its new PlayStation Vita on Dec. 17 in Japan. NTT Docomo, Japan's biggest mobile carrier, will provide prepaid 3G plans for PS Vita users. Although criticized for setting a high price, Sony said in August there was no need to cut the price of the PS Vita from the announced figure of 24,980 yen ($325) for a Wi-fi only model and 29,980 yen ($390) for a 3G plus Wi-fi version.

Microsoft Slashes Xbox 360 Prices in Australia

Australian gamers will have a reason to celebrate this season as Microsoft announced that it has slashed the price on its Xbox 360 and Kinect bundles by AU$50 in time for the Christmas season.

Sony will Launch PlayStation Vita in December

Sony announced that it will launch its next generation handheld device, the PlayStation Vita on December 17 in Japan but insisted that it will not reduce the price of the device despite its rival Nintendo slashing the price of its console.

Italy, China Deny Bond Purchase Talks

Italian officials have confirmed meetings between government ministers and officials of China's investment arm early this month but denied that bond purchase was the agenda of the talks.

Westpac Survey: Consumer Outlook Improves by 8.1% in September

Australian consumers have regained their positive outlook in the present month, thanks much to the steady cash rate benchmark being implemented by the central bank in the past quarters plus the economic recovery posted at the close of the first half of the current year.

Australia's Business Owners Urge Changes in GST, BAS

On the eve of the Federal Government's October Tax Forum, new research from MYOB has found more than two thirds of Aussie business owners (71%) want the Business Activity Statement (BAS) simplified and three quarters (76%) want to have the GST rules reviewed and clarified; while over one third (33%) said that addressing these concerns would impact their voting intentions.

Windows Unveils New Windows 8 Preview

Microsoft gave developers a taste of its new OS at the company's Build conference on Tuesday in California when Steven Sinofsky, president of Microsoft's Windows team, offered a full preview of its upcoming Windows 8.

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