COMPANIES

A man rests in a mud pit near the main stage at the Woodstock Festival in Kostrzyn-upon-Odra, close to the Polish-German border

Ex-Male Strippers For Rent At $125/Hour To Act As ManServants

A new startup in the US is offering handsome male servants who would pamper their employers in the tradition of butlers for $125 per hour. The firm, aptly named ManServants, was established by two young female entrepreneurs. Some of their man servants are former strippers.

Alibaba Hikes IPO Price Range To $66-$68 From $60-$66

Alibaba
Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) increased the price range of its initial public offering scheduled to launch on Friday, Sept 19. The new price range of $66 to $68 from the previous $60 to $66 is an indicator of the strong demand for shares of the e-commerce portal founded by former teacher Jack Ma.
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Raw fish

Canadian Feminists Angry At Japanese Naked Sushi Dining Experience As Sexist, Discriminatory

An online petition is collecting signatures to shutter the Naked Sushi catering company in British Columbia, Canada, because of its flagship service in which diners eat sushi that is piled on top of a naked female model's body. Feminist groups in Canada denounced the Japanese firm for treating women's body as just as object and only emphasises the sexual role of women in society
Telstra

Telstra 4G Coverage To Reach 90% Of Australia By End Of January 2016

Telstra said on Thursday that as part of its expansion, the carrier's 4G coverage would be accessible to 90 per cent of Australians. The telco would also widen its 700MHz commercial trials to include selected zones in Sydney, Adelaide, Darwin, Bundaberg, Yamaba and Sarina when the 700Mhz offering is switched on next week.
A worker sprays pink color on a nipple of an unfinished breast for an inflatable sex doll at Ningbo Yamei plastic toy factory, on the outskirts of Fenghua, Zhejiang province, February 13, 2012.

Sexbots Could Replace Realistic Love Dolls By 2025

The rage now among men who love to live their sexual fantasies but probably couldn't find a female sex partner willing to do what they want is to buy a realistic love doll. Priced at a minimum of $2,000, the doll manufactured by a Japanese firm, Oriental Industry, may find competition within a decade from sex robots.
Alibaba

Alibaba New York IPO Roadshow Starts Monday, Shareprice Between $60 & $66

Chinese e-commerce giant Alibaba Holdings starts on Monday, Sept 8, its roadshow for the company's initial public offering (IPO) expected to raise as much as $24 billion, documents filed with the U.S. Securities and Exchange Commission on Friday showed. The roadshow kicks off in New York.
Two Qantas passenger jets are seen on the tarmac at Melbourne's Tullamarine Airport

Qantas Chief Executive Alan Joyce’s Pay Cut 40%

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.
Supermarket

Coles Cuts 400 Jobs, But To Open More Stores

Australian grocery giant Coles said on Wednesday that it would axe more than 400 jobs from its head office in Melbourne. At the same time, it would open more outlets.
Fresh iPhone 6 Video Shows One-Handed Operation and Camera Changes; Production Delay of 5.5-Inches Variant Tipped

iPhone 6 To Boost Telstra’s Income By $500 Million

Like other telcos, Telstra is looking forward to the official launch of Apple's iPhone 6 on Sept 9 and its shipment to Australia. The latest flagship of the Cupertino-based tech giant is expected to boost Telstra's income by $500 million, Morgan Stanley Research analysts estimate.
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
Alibaba

Studies Suggest Chinese E-Commerce Market to Outpace U.S. Soon

A study by business consultant McKinsey & Co brought out the possibility that China's e-commerce market would soon outpace that of the U.S. very soon. It forecasts that the Chinese market will grow between $420 billion and $650 billion by 2020.
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.

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