COMPANIES

BHP Billiton Approves US$367 Million Investment in Newcastle

Mining giant BHP Billiton has approved an investment of US$367 million (BHP Billiton share) for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia aimed at increasing total capacity at the coal terminal to 66 million tonnes per annum.
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Dispute Heats Up on Labelling Options in Australia

The Australian Food and Grocery Council (AFGC) and consumer advocacy group CHOICE continue to disagree over the choice of different front-of-pack methods for food product labels to display nutritional information about the food.

iPhone Jailbreaker to Work for Apple

Apple has hired Nicholas Allegra aka “comex”, the 19 year old hacker famous for his one-click iPhone jailbreak site JailBreakMe, which makes removing the restrictions on Apple’s iPhone, iPod Touch and iPad devices as simple as clicking a link.

Apple vs. Samsung: Galaxy S's Perfect Recipe for Success (Failure)

Even the gods have been playing favorites. Samsung was scheduled to unveil on Aug. 29 the Galaxy S2 in the United States, the world's largest economy. But what could be a record launch of "the best smartphone that is not an iPhone", we have Hurricane Irene causing massive blackouts, billions in damages, and at least 44 deaths. Aug. 29 would have been a brilliant timing, as Tim Cook is still rearranging the furniture at Apple's executive offices after being abruptly asked to succe...

Amazon Tablet Called Best Hope Against the iPad

Amazon's newest tablet could be the best rival to Apple's iPad but only if the online retailer is willing to swallow selling the tablet at a loss, according to a study by Forrester Research.

Steel Industry Proposes Non-Protectionist Policy Measures

The Australian Steel Institute (ASI), the peak industry body representing the entire Australian steel supply chain, reiterated it is not proposing any form of mandates or other protectionism measures, but is calling for a more coordinated approach to assessing major project proposals more strongly linked to Australian Industry Participation (AIP) policies.

Building Products Companies At Risk

- Alesco lower 1H12 guidance only a month into the year- Brokers cut forecasts, ratings downgraded- Citi sees implications for other companies in similar markets- Downgrades both GUD Holdings and GWA Group as wellBy Chris ShawIt was only a month ago Alesco Corporation ((ALS)) reported full year earn...

Is This the iPhone of the Future? New Concept Art

While consumers are eagerly waiting for the release of the iPhone 5, a special effects company has created a stunning new iPhone design concept video which could be the future of the highly popular smartphone.

Samsung Delays Product Launch in Australia

Samsung Electronics Co. has agreed on Monday to postpone the launch of its Galaxy Tab 10.1 in Australia until the last week of September because of the court hearing going on in the country.

Metcash, Free to Acquire Franklins

The Federal Court's dismissal of an application by the Australian Competition and Consumer Commission (ACCC) has enabled Metcash to proceed with its acquisition of the Franklins chain of supermarkets from Pick ‘n Pay.

Debit Set to Overtake Credit Cards?

Debit cards are set to be the most commonly used payment method, surpassing cash and credit cards, if younger generations have anything to do with it.

Qantas 'Racist' Stunt Backfires

The NSW Aboriginal Land Council has expressed disappointment at Qantas Airways after the Australian airline awarded prizes to two men for dressing up in “Blackface” at the Bledisloe Cup over the weekend.

Bankers Back RBA Governor’s Positive Testimony

The Australian Bankers Association is endorsing statements by the Reserve Bank governor that the Australian economy is in a good position to weather heightened global uncertainty, partly due to solid, safe and healthy banks.

Climate Laws will Supercharge Solar, says AuSES

A not-for-profit national organisation dedicated to promoting the use of solar energy in Australia today called for all components of the Clean Energy Future package to be passed into law by the end of 2011.

Tim Cook as New CEO, a New Era for Apple?

The world might have recovered a bit from the recent news of Steve Job’s resignation from Apple Inc. As Chief Executive Officer. It’s a good time to focus on the man who will be filling his shoes, Apple’s former Chief Operating Officer, Tim Cook.

Leighton Shake-up Stuns Investors

Leighton Holdings announced today the appointment of Hamish Tyrwhitt as Chief Executive Officer and Managing Director. With immediate effect, Tyrwhitt will be replacing David Stewart after barely eight months in the job.

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