BUSINESS

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

Samsung Has Aces Up One's Sleeve in Fight Against Apple

At this year's IFA, the world's largest consumer electronics and home appliances show, Samsung CEO Choi Gee Sung said Samsung would never acquire webOS. Korea-based Samsung already has the Bada mobile OS, which is popular in China and other parts of Asia, and it's relying on Google's assurances that it remains committed to Android partners. Motorola also has a deep portfolio of patents that can be used for Google's counterstrike against Apple and others.
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Rent at Sydney's Pitt Street Mall If You Dare

Rent at Pitt Street Mall in Sydney jumped 33 percent putting it in the fourth spot among the world's most costly real estate properties, Cushman & Wakefield said in its latest report.

CSR Restructure Cuts 100 Jobs

CSR has announced a restructure of its Viridian Glass business that will cause about 110 redundancies, in a bid to lift profits.

Big Price Discounts Fail to Boost Fixed Rate Demand

Demand for fixed interest rate home loans increased by less than 1 percent of approvals over August despite lenders offering large reductions to the cost of their fixed term loans, according to one of Australia’s largest independently-owned mortgage broker.

Telstra CEO Believes ACCC Will Eventually Favour its SSU

Telstra Corporation is far from being alarmed over the assessment issued this week by the country’s consumer watchdog, stating that the present form of its structural separation undertaking (SSU) leaves more room for improvements.

FBAA Disagrees with MFAA Merger

The FBAA will not consider a merger with rival body the MFAA, and the industry is in fact better off with two separate representative associations, according to FBAA president Peter White.

Melbourne Property on The Block

If anyone needed proof of the unique Australian obsession with property as a method of quick capital gain, they need look no further than hit TV show "The Block."

The Central Bank Gold Rush

By Greg PeelNo one wants the US dollar to cease being the world's reserve currency ? at least not just yet.

Australian Stock Market Report - Morning 09/02/2011

US ICSC comparable chain store sales rose 4.6pct in August compared with a year earlier. Wholesale and luxury retailers recorded the bulk of the growth. US ISM-Manufacturing fell from 50.9 to 50.6 in July

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