Samsung was forced to pull out the Galaxy Tab 7.7 from the world's largest consumer electronics show after a court in Germany promptly granted Apple's request for an injunction. This was the same court that gave a ban of the sale and promotion of the Galaxy Tab 10.1 in 26 of the 27 European Union member countries, although the ruling was scaled back only to Germany on jurisdictional issues.
Toyota was Australia's best selling brand in August as the industry's vehicle sales went up 7.3% month-on-month. On a year-to-date basis however, auto sales in Australia is still down 4.4 %
Navantia, the Spanish shipbuilder undertaking the construction of Australia’s new Air-Warfare Destroyers (AWD) and two amphibious ships (LHD), says it will establish a wholly-owned Australian entity under the corporate name, Navantia Australia Pty. Ltd.
Navantia, the Spanish shipbuilder undertaking the construction of Australia’s new Air-Warfare Destroyers (AWD) and two amphibious ships (LHD), says it will establish a wholly-owned Australian entity under the corporate name, Navantia Australia Pty. Ltd.
Business confidence has taken a beating in Western Australia, with many small businesses concerned that people are not spending.
Mortgage exit fees have drawn a lot of discussion recently, with the Federal Government announcing its plan to legislate against them (one of a range of proposed banking reforms) and the NAB offering to reimburse the exit fees of borrowers who switch to it.
The decision of Telstra bosses to give themselves huge pay rises is an insult to staff battling uncertainty and pay rises that don’t keep up with inflation, the Communication Workers Union said today.
Westpac's subsidiary brands, St. George, BankSA and Bank of Melbourne have cut two-year fixed rates on their package products by 15bps to 6.44 per cent, and reduced their three-year rate 5bps to 6.54 per cent.
Australia's Retailers Association's executive director Russell Zimmerman, has appealed for the abolition of paying employees time-and-a-half on Saturdays and double-time on Sundays, to maintain the industry's competitiveness amidst the backdrop of a low consumer spending environment in the country.
Ratings agency Standard & Poor's retained on Monday the AA+ credit rating of Queensland. The basis of keeping the stable rating was the state's healthy and diversified economy and very good financial management.
For the year 2010/11, Australia's mining industry is expected to pay the federal and state governments a total of $23.4 billion in taxes and royalties.
Smaller online stores in Australia are complaining of bullying tactics adopted by retailers, according to online giant eBay which submitted an inquiry with the Productivity Commission (PC).
In spite the persisting low consumer demand, Australian companies have recorded a 6.7 percent growth on their gross profits, according to the seasonally adjusted data from the Australian Bureau of Statistics.
Alastair Macdonald, TCC regional director, Australasia, said the company has secured the global license for loyalty promotions in the grocery, convenience and petrol retail category for the Angry Birds game franchise. This means Angry Birds, Angry Birds Seasons and Angry Birds Rio may be used in the said establishments' loyalty promos to attract shoppers of any age, gender and profession.
The United States Postal Service faces insolvency due to continuing losses due to the shift to the digital age. Is there a way to save this U.S. institution?
James Murdoch declined a bonus amounting to almost $US6 million ($5.63 million) because of the phone hacking scandal at the defunct UK newspaper News of the World. He was supposed to get a payout of $US17.9 million, inclusive of the $US6 million bonus and $US8.3 million in stock awards. James' bonus was set to increase his compensation package by 74 per cent. Without the bonus, his remuneration will rise 16 per cent to $US11.9 million.
- Paladin result falls short of expectations- Net debt increasing, cash on hand also fell- Corporate appeal a positive- Opinions on Paladin remain dividedBy Chris ShawUranium producer Paladin has disappointed the market with full year earnings, reporting a larger than expected loss for FY11 of US$82...
QR National has signed an agreement with eight coal companies for the construction of the $900 million Wiggins Island Rail Project to a new export terminal at Gladstone, South Australia
Australia's employers have opted to advertise online rather than on newspapers, according to the latest survey conducted by ANZ Bank, which showed a a monthly and annual decline indicative of a persistent sluggish economic growth.
Analysts forecast on Monday that the Reserve Bank of Australia will not increase interest rates for the rest of 2011. They based their prediction on reports that inflation rate dropped 0.1 per cent in August.
The roller-coaster movement of share market values over the past 10 years were generally unpredictable for investors but such is not the case for most of Australia’s chief executives, who according to a new report were largely shielded by solid pays and bonuses notwithstanding the overall economic condition.
Mortgage sales experienced a surge to their highest volume in over eighteen months according to AFG's latest figures.
Independent brokers may bristle at the idea of coming under the umbrella of a brand, an MPA Top 100 Broker has claimed.
Passengers of Jetstar who flew with a dead Kiwi male on board the trip from Singapore to Auckland were offered by the air carrier $100 as compensation. The offer was in the form of travel vouchers.
Economist Steve Keen has predicted that a housing market price 'swan dive' is about six months away.
Police officers confirmed on Friday that they had helped Apple search for a "lost item" in a San Francisco residence but did not find anything.
While August was a rough month for stockmarkets, investors and governments in Europe, Japan and the US, the coming week is shaping up as a nasty replay and reminder of that instability with Australia, Europe and the US are each facing a major test of sentiment.
A flood of important data, meetings, decisions and announcements this week, mostly political and economic in Australia, China, the US and Europe.
Brokers should focus on what they are really good at when it comes to creating an ideal diversification mix for their business, according to Macquarie Bank.
By Michael PettisMarkets have been crazy this month, but rather than try to wade through all the news, much of which doesn't seem to have much informational content, I thought I would duck out altogether and instead make a list of things I expect will happen over the next several years.
