A report by EDITD, a retail technology firm used by more than 10,000 US and UK subscribers, suggests several clothing items that retailers give a big discount because it would soon be out of fashion. By disposing of these soon-to-be outdated styles, stores maximise their profits and prevent having too much of certain styles on their stockrooms which if left too long would become stale and may force them to even slash its tag prices further.
The Organisation of the Petroleum Exporting Countries (OPEC) held a meeting in Vienna, Austria on Nov 27, 2014 to consider reducing output.
Ministers from the Organisation of Petroleum Exporting Countries (OPEC) have decided to leave production quotas unchanged, resulting in a 6% slump in world oil prices.
Canada Jetlines will soon be Canada's newest ultra low-cost carrier.
For New Zealanders in Australia, this may be an opportunity for reverse migration.
IKEA has also released its Black Friday 2014 ad which has information on discounts for home furnishings, appliances and much more.
In spite of adding another $25 million to his wealth, the Philippine elite would likely keep its distance from boxing champ Manny Pacquiao who successfully defended his WBO welterweight title on Nov 22 against American boxer Chris Algieiri.
Australian shares finished slightly higher on Thursday, adding to yesterday's 1.1 per cent surge. The ASX 200 Index closed a touch above the 5400pt level. This makes it three days of gains this week and takes the improvements over the past four days to 1.8 per cent.
Walmart Canada has also released its Black Friday 2014 ad which is 10 pages long and filled with discounts, savings and doorbusters.
In a bid to regain its lost market share, Ontario-based phonemaker BlackBerry is offering owners of iPhones up to $400 if they would trade in their Apple-made units for a BlackBerry Passport phone.
A Siberian plane whose wheels got stuck in the freezing cold was moved by passengers so it could take off, an act Russian authorities said is not allowed.
Here is a list of ‘Surprise Doorbusters’ Black Friday 2014 deals from Target.
Canada's East Coast is in for an onslaught of snow, ice and rain.
The Australian market is improving for the second day and is trading around its best level in more than a week. The ASX 200 is up 0.1 per cent and remains slightly above the key 5400pt level. This follows a 1.1 per cent surge posted on Wednesday.
Notwithstanding the #bendgate scandal, iPhone 6 sales soared and is responsible for Apple's market value hitting $700 billion on Tuesday. Add as well the sale of the flagship in China.
In US economic data: personal spending +0.2%, income +0.2%; durable goods orders +0.4%; weekly jobless claims +21,000 to 313,000; Chicago purchasing manager's index down from 66.2 to 60.8; pending home sales down 1.1%; new home sales +0.7%; consumer sentiment down from 89.4 to 88.8; weekly mortgage market index down 4.3% with purchases down 5.8%.
Falling oil prices may be something to cheer about for the importing countries, but is a cause for concern for the oil producing countries.
Australian shares made up for yesterday's modest 0.5 per cent tumble in full with the ASX 200 surging at the close to end 1.1 firmer. It continues to be a volatile affair for local stocks this week with shares up 1.1 per cent on Monday prior to Tuesday's falls.
The market volatility that has been a recent staple for local shares continued on Wednesday. The ASX 200 opened with a gain of 4 points before rallying to an improvement of 56 points at the morning highs. Thereafter the index consolidated within sight of the best levels of the day. The early improvements locally came despite flat results for European and US indices in the last 12 hours. European shares rose on Tuesday but gains in bank stocks were offset by weakness in resources. The FTSEurofirs...
A potential merger between Rio Tinto (ASX: RIO) and Glencore (LON: GLEN) could create the world's biggest mining company and dislodge BHP Billiton (ASX: BHP) from the top, a London expert said.
Gatineau, Vancouver, Calgary, Mississauga and Ottawa will be seeing stores of Quebec-based fashion retailer Simons very soon.
The gender gap in salaries in Australia just got wider. The latest report by the Workplace Gender Equality Agency (WGEA) said the difference grew to 24.7 percent from 19.9 percent. The gap is felt more among women executives who get lesser discretionary pay such as bonuses, allowances, overtime and other perks when compared to their male counterparts.
Perhaps it's time to lay off your phone -- it's getting unhealthy.
A report by the McKinsey Global Institute shows that the international cost of obesity is almost as bad as smoking or armed violence.
In US economic data the consumer confidence index fell from 94.1 to 88.7 in November, well short of forecasts centred on a reading near 96.0. The Case Shiller home price index rose by 0.3% in September to be up 4.9% over the year. The US economy grew at a 3.9% annual pace in the September quarter, up from the 3.3% consensus forecast.
The AUD lost over 1% in overnight trade as the commodity free fall began to bite into the risk currency
Kohl’s has announced its Black Friday 2014 online deals which offer massive savings on products including “Frozen” items, clothes, shoes, appliances, toys and electronics.
Target has unveiled its two-page Early Black Friday 2014 sale ad for Wednesday, Nov. 26, 2014, which includes discounts on Fisher Price toys and several DVDs.
Australia may soon allow back on its flights small scissors, tools and metal cutlery.
The Australian market is having its worst day in close to six weeks with mining and energy stocks wiping out most of Monday's gains. The ASX 200 Index is down 0.9 per cent and remains just above the key 5300pt level. Local shares surged by 1.1 per cent yesterday following the surprise interest rate cuts in China.
