Russia Brings Down Giant Steve Jobs iPhone Memorial Because Tim Cook Is Gay
A memorial erected in Russia in honour of the late Apple founder Steve Jobs was brought down because Tim Cook outed himself as gay.
Australian Stock Market Report - Midday November 4, 2014
After a modest setback on Monday, the Australian share market has spent the early part of Melbourne Cup day 2014 moving higher in a restrained fashion. The flat start for the local market was a reasonable result in the face of weaker equity markets in the US and Europe. US investors were encouraged by figures showing the US ISM manufacturing index rose from 56.6 to 59.0 in October, above forecasts for a result near 56.2. European shares fell on Monday with investors disappointed by purchasing ma...
Global Markets Overview – November 4, 2014
Global markets were mixed, with a predominantly risk off tone driven by a disappointing manufacturing PMI print out of China. Fed member Fisher was also on the wires suggesting he is concerned the Fed will be too late to raise rates and he was not too worried about a slight undershoot in inflation. This, along with slightly better US manufacturing data, contributed to the downward bias in equities. Europe was the hardest hit as peripheral bond yields rose, sending EUR/USD below $1.2500. This saw...
Over 16,000 Sign Petition Seeking Victoria’s Secret Apology Over Body-Shaming Ad
An online petition on change.org initiated by three female British students to pressure Victoria's Secret, which allegedly promotes negative body image, has gathered so far 16,000 signatures.
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Ebola Update: Canada Enacts Visa Ban Against Afflicted West African Nations
Canada has temporarily banned issuing visas to the Ebola-afflicted nations of Guinea, Sierra Leone and Liberia.
Apple Inc (AAPL) Stock Hits New High Ahead of $2.8 Billion Dividend Payout: Holiday Quarter May Be A 'Blowout'
Apple shares have reached a new high by the end of October as stock price was recorded at $108.
Global Markets Overview – November 3, 2014
The BoJ took everyone by surprise on Friday. The shock of a ¥30 trillion increase in the pace of long-term government bonds (JBG's) and major portfolio rebalancing from the Government Pension Investment Fund (GPIF) has added a new dimension to the global currency wars.
Mortgage Repayments To Go Up $100 Monthly If Australian Banks Are Forced To Hike Capital In Reserve
ANZ Bank opposes the plan by the Australian government to force lenders to have larger capital buffers because of its impact on consumers who would end up paying $100 more on their monthly amortisations.
LNG To Overtake Coal As Australia’s 2nd Biggest Export In 2018
An HSBC report confirmed previous speculations that Australia would dislodge Qatar as the world's biggest liquefied natural gas (LNG) exporter in 2018. Its major markets would be mainly Asian nations, particularly China, Japan, Korea, Taiwan and India.
Aussies To Pay $25 Billion More Taxes In Next 4 Years Due To Bracket Creep
One of the two things said to be permanent in life is set to hit Australians in the next four years. And it would be a painful and big hit, costing them $25 billion until 2018.
Australian Stock Market Report – Morning November 3, 2014
In the US, personal income rose by 0.2% in September with spending down by 0.2%. Both results were slightly weaker than expected. The final reading on consumer sentiment in October was 86.9, up from 84.6 and at a 7-year high.
Slow-Moving Yet Unrelenting Hawaii Lava Now Only Inches Away From Pahoa Homes
Lava from Hawaii's Kilauea volcano is already threatening homes in Pahoa.
Ebola Divides The US: More States Begin Applying Stricter Guidelines Than What CDC Imposed
More states in the U.S. have joined New York, New Jersey and Illinois and issued much stricter regulations concerning the Ebola virus.
FIFA May Keep Russia and Ukraine Apart in World Cup 2018
FIFA highly supports the staging of the World Cup 2018 in Russia.
The Cost Of Getting Infected With Ebola
Getting infected with Ebola is also fatal to one's pocket.
Canadian House Owners Preferring To Live In Core City Than In Suburbs: Study
The report highlights the advantage of savings on time and travel costs despite the limited space in inner city.
Russia Warns Citizens – Take Selfies, Have Lice
A Russian government agency has warned its young people against taking selfies.
Australian Stock Market Report – Afternoon October 28, 2014
Australian shares recovered this afternoon to make up for most of the earlier losses. The ASX 200 Index fell by 0.1 per cent following a 0.8 per cent improvement on Monday.
Australian Stock Market Report – Midday October 28, 2014
Australian shares are falling for just the second time in 11 days, with the ASX200 down by 0.4 per cent. Despite wiping out more than half of Monday's improvements, local stock are hanging close to one month highs.
UK Ramps Up Ebola Monitoring in Shipping Industry
Agents from the Maritime and Coastguard Agency has been directed to inspect all vessels entering the waters of United Kingdom for potential Ebola infections.
Global Markets Overview – October 28, 2014
US earnings season continues to deliver as expected - estimates have been low. However, 79.8% of those companies that have reported have beaten earnings per share estimates, and 60.5% have beaten revenue estimates.
Walmart Sells ‘Fat Girl Costumes’ for Halloween
Walmart created a section on its website, named “Fat Girl Costumes.”
Australian Stock Market Report – Morning October 28, 2014
In the US, pending home sales rose by 0.3% in September after falling by 1% in August. US building permits were revised higher to a lift of 2.8% in September (previously 1.5%). The Markit "flash" service sector PMI slipped from 58.9 to 57.3 in October - the lowestresult since April.
Australian Stock Market Report – Afternoon October 27, 2014
Monday afternoon provided more encouragement for market optimists with the ASX 200 remaining in the vicinity of session highs over the second half of the day. This fact was impressive for the fact that miners moved back into the red as a group following a recovery earlier in the morning.
Ebola US Quarantine ‘Made Me Feel Like a Criminal,’ To File Lawsuit, Raises Topic of ‘Abuse of Powers’
Civil rights groups in the U.S. are worried the mandatory isolation for people returning from Ebola infected nations could set off abuse of police powers.
ISIS Lines Up Chopped Heads of Rule Breakers in Raqqa
In Raqqa, the ISIS continues to administer its caliphate government with very visible warnings of its strict terror.
Wait Till You Check Out This Major UK North Sea Oil Discovery By Two Leading Energy Firms
GDF Suez and BP have discovered a major UK North Sea source of oil.
Apple Inc. (AAPL) Stock Reaches New Heights as iPhone Sales Boost US Economy
Apple shares have surged to a new high last week when stock price surged beyond the $100 mark.
Global Markets Overview – October 27, 2014
Global markets are focusing on Europe this morning as results from the ECB's stress tests were finally released. The results were relatively in line with expectations despite announcing an overall gross capital shortfall of €24.6 billion. This equates to around 0.2% of the region's GDP and was spread across 25 banks. Regardless, the main takeaway was the fact some banks have already embarked in some recapitalisation and this has reduced the shortfall to a mere €9.5 billion (from 13 banks...
#Snapgate: iPad Air 2 Breaks While Undergoing Bend Test
Apple has another PR crisis up its way for its newly launched iPad Air 2 courtesy of a YouTube user named Martin Macht who did a bend test on the device.
Australian Stock Market Report – Afternoon October 24, 2014
Australian shares improved for the fourth time this week, taking the gains for the five days to 2.65 per cent. The All Ordinaries Index (XAO) rose by 0.55 per cent today with no sectors missing out on the gains.
Australia's Low Birth Rate May Be Due to Low Confidence in Economy
Australia's fertility rate has declined to its lowest in 10 years. Low confidence in the economy may be holding back people from investing in family.
Jennifer Lawrence Buys A New Bachelorette Pad In Beverly Hills
Jennifer Lawrence bought a new property.
Australian Stock Market Report – Midday October 24, 2014
Australian shares are rising for the eighth time in nine sessions and have completely made up for yesterday's pullback. The All Ordinaries Index (XAO) is up 0.3 per cent or 19pts to 5388. If the gains are maintained this afternoon this will be the best week for local shares since mid-February.
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