Spurred by the Ebola outbreak in Africa, the political tensions gripping the Middle East plus the looming trade war with Russia, the International Air Transport Association (IATA) on Wednesday said it expects global air travel demand to get impacted this year.
Esther Tanquintic-Misa Aug 07, 2014
A Milwaukee-based private security company on Tuesday has announced the discovery of an Internet hacking ring syndicate that has amassed a whopping 1.2 billion global usernames and passwords as well as 500 million email addresses.
Esther Tanquintic-Misa Aug 07, 2014
A study by data provider Greenwich Associates concludes that regulators are unlikely to achieve their goal of creating a fixed-income market that is less dependent on a few massive banks. The findings were made after Greenwich interviewed 1,067 institutional investors from North America.
Vittorio Hernandez Aug 07, 2014
U.S. President Barack Obama has quashed calls of health experts to send to Africa the experimental ZMapp serum that was given to two Ebola-inflicted American health workers. The president thumbed down the proposal saying the drug still needs further testing if it indeed is working as it should.
Esther Tanquintic-Misa Aug 07, 2014
Risks of an impending housing bubble are threatening Switzerland's real estate market following mortgage and property price jumps during the second quarter that surpassed economic growth, Bloomberg said in a report.
Vittorio Hernandez Aug 07, 2014
Another tough day for the Aussie markets, we saw the ASX 200 started only slightly weaker off 2pts. But by 11.25am the markets had fallen back by 14 points and just after the release of the weaker than expected July Jobs numbers the market lost more ground now down 18.6 points.
Vittorio Hernandez Aug 07, 2014
A child abuser who had been convicted and served a 20-year jail time has been slapped with fresh offences after Google scanned his Gmail account and found it contained indecent images of children.
Esther Tanquintic-Misa Aug 07, 2014
It was one of Australia's finest display of people power ever. Commuters aboard a Perth-bound train, majority surely strangers than friends, all went out of their way, literally, by going out of the train just to collectively tilt it so as to release a man's trapped leg.
Esther Tanquintic-Misa Aug 07, 2014
New Zealand's unemployment rate has fallen to its lowest level in more than five tears at 5.6 per cent in the second quarter. According to Statistics New Zealand's Household Labour Force Survey released on August 6, the country's seasonally adjusted unemployment rate was below Wall Street Journal's 5.8 per cent poll prediction by 14 economists. The 5.6 per cent unemployment rate is the lowest since March 2009.
Reissa Su Aug 07, 2014
Authorities from North Korea's Catholic association had rejected an invitation to attend a mass led by Pope Francis next week, as families of Sewol ferry victims in the South refused to de-tent Gwanghwamun Square, the venue of the pope's mass. Pope Francis is expected in South Korea from August 14th to the 18th.
Esther Tanquintic-Misa Aug 07, 2014
Sellers continued to apply pressure to the ASX 200 over the course of the afternoon on Wednesday. So far this week the index has shed just over 0.8 per cent having lost half a per cent last week.
Vittorio Hernandez Aug 07, 2014
Russia has responded to EU and US sanctions by placing heavy restrictions on food imports from countries that have imposed sanctions on Russia over the past few months.
Vittorio Hernandez Aug 07, 2014
The world is now going fearful over the spread of the deadly Ebola virus among four west African nations, plus two Americans and now one Spanish priest. But while this year's outbreak is its worst, experts highlighted passing on the virus from one person to another is highly preventable through the time and tested soap and water solution.
Esther Tanquintic-Misa Aug 07, 2014
In an attempt to convince former customers to return as well as existing clients to keep their accounts, telecom giant Vodafone has spent close to $1 billion investment in the past 12 months on 4G for its Australian market.
Vittorio Hernandez Aug 07, 2014
In US economic data, the trade deficit narrowed by 7% to $41.5 billion in June. The smaller deficit was driven by a fall in petroleum imports to a 3 year low. Analysts had expected the trade deficit to widen.
Vittorio Hernandez Aug 07, 2014
Top 10 Sports Illustrated First-Ever Fittest 50 Athletes; Roger Federer, Rafael Nadal, Georges St-Pierre Also Make the Cut
Rachelle Corpuz Aug 07, 2014
Temperatures continue to rise in Oakland's already hot real estate market due to cash buyers, the Oakland Local reported. According to the report, real estate practitioners saw a great deal of cash transactions in the market, compared with similar activities more than a decade earlier during the U.S. housing bubble.
Vittorio Hernandez Aug 06, 2014
The weakness continues this month, with the Australian market slipping for the fourth day following softer American shares overnight. The All Ordinaries Index (XAO), which is a measure of local market performance is down by 0.3 per cent and is trading below 5500pts for the first time in three weeks. Geopolitical risks in Ukraine and Russia continue to keep investors on edge, with reports of an increase in Russian troops on Ukraine's border.
Vittorio Hernandez Aug 06, 2014
Your style of management and employee discipline can determine the success or failure of the whole company.
Vanessa Doctor Aug 06, 2014
More than the disease itself, global health experts are on their toes monitoring the spread of the Ebola virus because it has already managed to infiltrate urban areas. This year's outbreak has been dubbed the worst outbreak yet since it was first identified in the 1970s. But hope remains in the experimental serum administered to two infected American patients.
Esther Tanquintic-Misa Aug 06, 2014
What should managers do to ensure that staff are working with their best efforts without looking like a slave driver?
Vanessa Doctor Aug 06, 2014
Markets overnight were moving along in a fairly routine fashion, after having seen slightly positive data from Europe and the US. This lead to Europe recovering from four days of losses and the US market moving slightly in the red after having rallied on Monday.
Vittorio Hernandez Aug 06, 2014
Microsoft sued Samsung as it demanded a royalty for each smartphone the South Korean company sells.
Sounak Mukhopadhyay Aug 06, 2014
Transport operators would often downplay accidents involving their vessels, coaches or jets, especially near misses, but in the case of a Singapore Airlines Flight SQ351, it was Singaporean Transport Minister Lui Tuck Yew himself who admitted it was only minutes away from suffering the same fate as Malaysia Airlines Flight MH17 which was hit by a missile and crashed with all 298 people on board.
Vittorio Hernandez Aug 06, 2014
Chinese tech giant Xiaomi sold 15 million smartphone in China during the second quarter of 2014, beating the two other technology giants Samsung Electronics and Apple, according to a market research firm Canalys.
Vittorio Hernandez Aug 06, 2014
Elizabeth Barbalich, director of green beauty brand Antipode has sued her real estate agent demanding compensation, for duping her in a house deal that made her pay excess price to the sellers for a luxury house, reported stuff.co.nz.
Kalyan Kumar Aug 06, 2014
About 3,500 mining jobs would be lost, following the going into administration of Australian miner Bluestone Global. The company, listed in the Australian Stock Exchange, said in a statement on Tuesday that it failed to secure shareholder support to fix its balance sheet by merging with other companies.
Vittorio Hernandez Aug 06, 2014
The Australian sharemarket lost ground for the third day despite a strong performance from US shares overnight. The All Ordinaries Index (XAO) fell by 0.4 per cent; however is still only 2 per cent away from revisiting the six-year highs reached late last week.
Vittorio Hernandez Aug 05, 2014
The Australian economy is capable of weathering difficult economic conditions but relying on interest rates alone will not help the country's financial woes. According to Lord Mervyn King, a former Bank of England governor, a slowdown in China's economy will "hurt" Australia's economic growth. However, he believes the possibility of that scenario is "unlikely."
Reissa Su Aug 05, 2014
Dobrolyot Airline, the low-cost subsidiary of Russian flag carrier Aeroflot, has become the first casualty of the sanctions the European Union slapped against President Vladimir Putin and his country.
Esther Tanquintic-Misa Aug 05, 2014
