Vending machines have come a long way from their roots. From their simple beginning as a way to sell postcards in the late 1880s, vending machines now sell everything from a pack of gum to shiny new cars.
The average salary of Australian workers grew by 3.6 per cent yearly, newly released date from the Australian Bureau of Statistics said. The rate is almost the same as that of inflation rate which means wage growth was just modest and manageable.
China said its territorial dispute with neighbors should not be discussed in the East Asia Summit (EAS) in Bali, Indonesia on Saturday.
On Wednesday, US oil prices jumped to five-month highs triggered by a US pipeline stake sale that traders surmise could potentially reduce transport blockages and boost demand for US and Canadian crude.
After it successfully bought a majority stake in Australia's Legacy Iron Ore in September, India's largest iron ore miner NMDC Ltd. pursues its aggressive expansion plans of acquiring overseas mines, this time eyeing companies in Brazil and the US.
London-listed company African Minerals recently achieved a remarkable milestone with its shipment of a first batch of iron ore from its mine in central Sierra Leone, the country's first export of the commodity after almost 30 years.
The buildup of U.S. Marines permanently stationed in Australia will start next year with the arrival of 250 soldiers rising to 2,500 by 2017, U.S. President Barack Obama and Prime Minister Julia Gillard jointly announced Wednesday night.
Bell FX Currency Outlook:
The Australian dollar looks at risk of heading back down through the parity level in the short term.
From IG Markets:
Global markets were weaker overnight in a choppy session which saw headline risk prevail. US markets had pared losses on the back of comments from Boston Fed President, Eric Rosengren, which suggested that we may see coordinated action by the Fed and the ECB to help solve Europe's problems. However, US markets stalled their recovery into the close after Moody's downgraded the senior debt and deposit ratings of 10 German banks, and reports that the Super Committee talks h...
From Craig James, Commsec Chief EconomistMORNING REPORT (8am AEDT)US industrial production rose by 0.7pct in October, well above forecasts centred on a gain of 0.4pct. US consumer prices fell by 0.1pct with core prices (excludes food and energy) up 0.1pct. Both results were broadly in line with forecasts.
Elizabeth Taylor's love affair with jewellery rivals that of her love affair with men and is as famous as the Hollywood icon herself. This year, auction house Christie's is doing something a little different by auctioning off her jewellery online. The "Crown Jewels of Hollywood" collection will be divided into halves; an estimated 1,000 pieces will be auctioned online, something that he house has never done before.
Gold traders in India are preparing for a deluge of customers eager to buy the yellow metal as this year's annual wedding and festival season is expected to further boost sales of gold jewelry around the country.
Atlas Iron Limited has announced it has acquired for A$2.1 million in cash a 90 per cent stake from Gondwana Resources Limited to own the Corunna Downs DSO Project in the North Pilbara in Western Australia.
World industries dependent on rare earth elements, so named because of their scarcity and high value, will be facing an uncertain future as supply could be disrupted by technical, environmental and financial factors.
The Australian government is set to deport an Afghan national, whose application for political asylum has been turned down by immigration authorities, soon, according to a statement issued on Tuesday by the Immigration Ministry.
The spot inspections that China started last week over the production of rare earth metals in the country will likely affect global supply quotas next year.
Fortescue Metals Group Ltd (FMG) has accused the federal government of handing down undue advantage to Australian mining giants in order to win support for its mineral resources rent tax (MRRT) that aims to collect some $11 billion over the next decade.
India successfully test-fired an upgraded version of its long-range, nuclear-capable missile in the Bay of Bengal on Tuesday.
Like its counterparts in the U.S., Australia's only manufacturer of solar panels is suffering from weak sales due to competition from cheap Chinese solar panel imports.
By this time, everyone's heard of all the good things yoga does to one's body but it doesn't hurt to brush up on the reasons why this activity does more than just your average exercise program. Many celebrities often endorse yoga's advantages such as stress relief, pain relief, better breathing and flexibility among others.
The local share market is recording modest growth mid-session, after a mixed night on world markets. European share markets closed lower after Italian bond yields (borrowing costs) rose and following a lacklustre reading on third quarter economic growth. Wall Street recorded modest gains in a choppy session, with technology stocks the best performers.
The debate in Australia whether to lift the bank on uranium export to India or not continues with pro and anti groups airing their sides.
U.S. President Barack Obama is due to arrive in Canberra mid-afternoon Wednesday for a day-and-a-half visit that aims to renew the world superpower's economic and military influence in the Asia-Pacific region.
Analysts are in agreement that the door was left ajar for rate policy adjustments in the months ahead even as the Reserve Bank of Australia (RBA) November board meeting suggests no prominent hints on another round of rates cut back soon.
A regulatory filing report by Astenbeck Capital Management LLC had revealed the firm had recently bought shares in rare earth metals and uranium mining companies, presumably in a bid to take advantage of the two commodities' foreseen boom.
Global markets were mixed overnight, with Europe weaker, but the US stronger. Softness in the European session came on the back of rising borrowing costs for Spanish debt and reports that new Italian Prime Minister Mario Monti met resistance in forming a cabinet. However, there was a turnaround in the US session on improved optimism around Mario Monti's ability to battle the debt crisis, plus some impressive US economic data.
US retail sales grew by 0.5pct in October, above forecasts for a gain of 0.3pct. Excluding autos, sales were up 0.6pct. Producer prices fell 0.3pct in October while the core rate (excludes food and energy) was unchanged. Both results were weaker than forecasts. And the ´´Empire State´´ business index improved from minus 8.48 to +0.61 in November.
The Duchess of Cambridge is used to wearing long gowns and dresses for events, and here, we take a look back at some of her memorable long gown ensembles.
Recently, the Olsen sisters have been named by Vogue Magazine as the most "fashionable" sisters, but can London's chic Kate and Pippa outshine the Hollwood style mavens?
Pressured to augment India's persisting coal shortages that fail to supply its power plants, Coal India Ltd. (CIL) has committed to produce some 448 million tonnes of coal for fiscal year 2012.
