COMPANIES

Australia tackles identity theft problem

Attorney-General Robert McClelland today released new research which shows nearly one in six Australians have been a victim or known somebody who has been a victim of identity theft or misuse in the past six months.
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Samsung looks to ban Apple products in the US

Samsung's ongoing feud with Apple took another turn this week as the South Korean firm asked the US International Trade Commission to ban Apple from importing the latest iPhone and iPad devices. The complaint was filed Wednesday amid a growing patent dispute.

Kraft calls on India to boost cocoa production

Kraft Foods is encouraging the Indian government to develop a comprehensive cocoa production development policy, claiming domestic supplies are too poor and scant to fuel its growing needs.

World Market Insights: IG Markets

From IG Markets Analyst Ben Potter:On Wall Street overnight, stock finished the quarter and end of the first half in bullish fashion, logging its fourth consecutive gain as Greece passed a second crucial vote on the implementation of the latest austerity package and a much stronger-than-expected Chicago PMI number.

5 Tips in Choosing Health Insurance

In Choice’s annual review of health insurance policies, undertaken to find the best value cover on the market, each of the major health funds and many of the smaller providers were assessed. When choosing Health Insurance, consumer group Choice advises to:

Nokia to phase out Symbian OS in 2 years

Nokia has signalled its intent to catch up with the exploding smartphone industry and in achieving that, the giant phone maker tapped Microsoft Corporation to provide the Windows Phone 7 OS to the new breed of handsets that the company will start issuing next year.

Justin Timberlake dips finger on $35 million sale of MySpace

From the more than half-a-billion money it poured in 2005 to snatch the then hotshot social networking site MySpace, Rupert Murdoch-owned News Corp. has decided to jettison the website from its portfolio and sell the company to advertising firm Specific Media for a measly $35 million.

Samsung accuses Apple of stealing anew

The legal war between American giant tech firm Apple and South Korea’s Samsung Electronics reached another level as Samsung filed a patents infringement suit against its competitor and business partner on Thursday.

Australia's business confidence staggers to 15-year lows

Small business support for the Australian Government has fallen to a 15-year low, according to the Sensis Business Index released today. SMEs have become much less supportive of the Federal Government’s policies, with the indicator declining sharply during the quarter to be the lowest level since February 1996.

Telstra loses CFO as John Stanhope reveals retirement

Speculations of his imminent departure from the giant telco proved true today as Telstra Corporation chief financial officer, John Stanhope, revealed on Wednesday that he is retiring after more than four decades of service to the company.

Borrowers warned of luring mortgage deals

Financial comparison website RateCity is warning Australian borrowers to carefully review enticing home loan interest rate promotions, following several new promotions and home loans hitting the market this month.

Albanese: Rio Tinto will continue uranium mining amidst challenges

Despite the nuclear meltdown scare spawned by Japan’s near-uranium leak, Rio Tinto said on Wednesday that it remains committed to stay in the uranium mining operations even as the global resource giant has admitted that growth in the sector could some snag over the next 10 years.

Australia's small businesses must brace for tougher year

Small businesses in Australia should brace for more pain this coming financial year, the ANZ warns in its latest report released on Wednesday as the power of a stronger dollar and the lure of the Internet marketing on Australian consumers will continue to weigh down on sales.

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