ECONOMY

Syria and the Perpetual War Economy

Whether you agree or not that the US ought to strike Syria, there is one reason it will: Because it has to. (Indeed, the bombing may already have started by the time you read this.)

Australian Packaging Major Amcor; Poised for Growth in India

Australian packaging major, Amcor Ltd., is strengthening its position in the growing Indian packaging sector to achieve organic and inorganic growth. Meanwhile, reports say, the company plans to split its divisions - retaining its plastics divisions and establishing a new company for its other units.
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Australia Collaborates with Tamil Nadu in Indian Food Processing Sector

Australia is looking to strengthen collaboration with food and food-processing companies in the Indian state of Tamil Nadu. This was announced by Michael Carter, trade commissioner, Australian Trade Commission in India, on Friday. Carter was speaking at the 3-day 10th Indian Food Processing and Food Technology Fair, 'Foodpro 2013' in the state capital, Chennai.

The Bull in the China Shop

The mainstream view is that China can smoothly transition its economy from construction to consumption. This is a dangerous illusion.

New Zealand Parliament Bans Software Patents; IT Industry Rejoices

It is a major piece of legislation and could change the way we know software. It is a move that is expected to improve the system and drive further innovation. The New Zealand parliament on Thursday passed legislation that bans software patents. The motion was passed by a 117 to four vote and followed five long years of parliamentary debate. However, the legislation will only affect new patent applications. It means that existing software patents in New Zealand will continue to remain in force.

Canadian Woman Sarah Casanova Appointed New McDonald's Japan CEO

In what has been an unprecedented move for a country whose mindset is to put only males as leaders whether in the corporate or political streams, McDonald's Japan on Tuesday announced its top post will now be helmed by a woman in the person of Canadian Sarah Casanova.

Tesla Outsells Porsche; Model S Sedan Australia Launch Looms

California-based Tesla Motors' (NASDAQ: TSLA) manufactures affordable electric automobiles. And its goal is to produce more electric cars with a price tag that consumers can say ‘yes’ to. More than that, Tesla is doing a great job in promoting sustainable transportation that will transform the auto industry into safe, user-friendly vehicles, offering a high degree of “green” mechanics.

Moving Through the US Dollar

Well, this week has been all about the 'taper', another annoying Fed-coined phrase that the market has latched onto with full force. Don't worry, we're not going to discuss it at any great length here.

Following the Money

Australia's corporate behemoths are publishing results left right and centre. It's tough to know what to make of the deluge of information, and there's a lot of shuffling going on. But a few clear trends are emerging.

Apple Losing Out the War in China, Growing Domestic Tablet Makers Outbump Ipad Market Share

Apple Inc’s once “sought-after” status is no more, at least in China. What used to be a 49 per cent dominance in China’s market for tablets in the second quarter of 2012 has slipped to 28 per cent in the same quarter this 2013. The culprit? The growing domestic tablet makers. After all, the Chinese being stingy aren’t known for nothing.China’s technology savvy consumers have resorted to buying cheaper tablets that uses the Android operating system of Google, a trend first seen among smartp...

Facebook’s Next Plan: Internet for All

Facebook joins hands with Nokia, Samsung Electronics and Qualcomm among others in order to make the Internet accessible for all. Mark Zuckerberg, Facebook CEO, announced the same Tuesday on his FB page.

Australia’s Economy: Complex, Fragile or Centralised?

Complex things are more fragile, says Nassim Taleb, author of the books The Black Swan and Antifragile. Your computer and its misbehaviours are daily proof. You can click on the same button as yesterday only to get completely different results. And encoded error messages are absolutely no help.

Floods Inundate Philippine Capital, Nearby Provinces (PHOTOS)

The Philippine government was forced to suspend offices and classes in 14 provinces, including in the capital Metro Manila, as tropical storm Maring (international name: Trami) maintained its strength and continued to enhance the southwest monsoon early Monday. The state forecasting weather agency has advised the 14 provinces to brace for severe flooding.

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