COMPANIES

Qantas Chief Executive Alan Joyce’s Pay Cut 40%

Two Qantas passenger jets are seen on the tarmac at Melbourne's Tullamarine Airport
Because of the financial losses suffered by Australian flag carrier Qantas, the officials of the company, led by Chief Executive Alan Joyce, suffered hefty pay cuts during the last financial year.
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A worker pumps gasoline blended with 10 percent ethanol at the UPI Energy gas station in Chatham, Ontario in this April 11, 2008 file photo. To match OIL-ETHANOL/LOBBY REUTERS/Mark Blinch/Files (CANADA - Tags: ENERGY BUSINESS POLITICS COMMODITIES)

Australia's Renewable Energy Industry Braces for Removal of Support

Australia's renewable energy is threatened by the recommendation of a recently released review, suggesting that the government should scrap or weaken its current renewable energy target. Solar panel systems are expected to increase to almost half of its original price.
Warren Buffett

Floyd Mayweather Gets Investment Advice from Warren Buffett What to Do With Millions

Followers of unbeaten American boxer Floyd Mayweather Jr are used by now to seeing video and photo posts of the champ showing off his latest purchase of diamonds, watches, cars and other luxury items for himself and girlfriend Doralee "Bad" Medina. He has also posted shots of himself with 8-digit checks or a bag full of cold cash, giving the impression that Money May is flaunting his wealth amid criticisms that he is an uneducated millionaire
IBM Logo

IBM Opens $1.2 Billion Data Centre in Melbourne & Sydney

Technology giant IBM said on Tuesday that it would open two SoftLayer data centres in Melbourne and Sydney, Australia. The first, to open in September at Deer Park in Melbourne, is part of IBM's $1.2 billion global investment that aims to expand its cloud computing footprint.
Petrol

Caltex Australia to Axe 10% of Work Force in Next 12 Months

Fuel distributor Caltex continued to downsize its Australian operations, announcing on Monday that it will further cut 10 per cent of its work force in the next 12 months. The 10 per cent is equal to 350 jobs that will be shed as part of Caltex's restructuring.
Small business

Small Businesses Claim Positive Financial Situation but Negative on Outlook

More small business owners n the US claim that their present financial situation has improved but remains negative on their prospect for 2015. This was the finding of the latest Wells Fargo/Gallup Small Business Index which found that the overall Small Business Index score increased slightly to positive 49 (+49) in July.
Cases of Pepsi are displayed for sale in Carlsbad

Toxicants in Coca-Cola Drinks

Coca-Cola is a drink that anyone can not resist, not knowing its effects on health. It is a challenge for parents to let their children minimize drinking it.
Real estate

Canada Developers Have a Taste for U.S. Hotspots

While China has surpassed Canada in terms of sales volume, Canada remains the United States real estate market's top foreign buyer, the National Association of Realtors reported in its 2014 Profile of International Home Buying Activity.
Buenos Aires Stock Exchange

Hispanic Investors Thirst for More Investment Knowledge and Education

Hispanic investors have a strong appetite for financial education and more sophisticated investment knowledge, according to a recent Wells Fargo survey. A significant 45 per cent of surveyed Hispanics claim they did not received any education on how to save and invest (versus 31 per cent of U.S. investors overall), and three out of four (76 per cent) wish they had learned more about managing money when they were growing up (compared to 61 per cent of U.S. investors overall).

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