Crafty Ways Germans Smuggle Money from Swiss Accounts
Sneaky Germans may have found several ways to dodge the law on how to bring in foreign currency in the country from abroad, but border authorities usually detect the smuggling attempts.
Australian Stock Market Report – Midday 9/5/13
The Australian share market remains in the red on Thursday, despite predictions of a solid session. Overnight, Wall Street recorded its best gains in more than a month, rising 0.7 per cent and setting the SPI futures up for a 0.3 per cent gain locally.
Microsoft Wins Patent Battle Against Google's Motorola, Gets $14 Million in Damages
Microsoft won the patent trial against Motorola as the courts decided that the company failed to observe fair and reasonable licensing terms when it negotiated with Microsoft over the Wi-Fi and H.264 intellectual property. A district court had previously ruled that the standard, essential patents of Motorola were not worth $4 billion as claimed by the company. According to Microsoft's public statement, the patent trial win was a milestone for those who want tech products to be affordable and...
New York Store Staff Gets Even With Boss from Hell
If Lenovo Chief Executive Officer Yan Yuanqing could be considered the ideal boss, having given this week his more than $3 million bonus to the tech firm's 10,000 workers, the opposite is true for the store manager of Journeys in Rochester, New York, whose staff resigned en masse by publicly leaving their open letter to him.
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Product Recalls: Ford Withdraws 370K Vehicles in US, Canada Markets Due to Steering Shaft Issues
Although it has yet to receive reports or complaints of accidents and injuries, Ford Motor Co has ordered the recall of some 370,000 vehicles across its U.S. and Canada markets due to issues on the steering shaft of the involved units.
PayPal Offers Seller Protection to Asia Pacific Merchants, Seeks Growth in Asia’s Fast Economies
Offering enhanced security, online payment service portal, PayPal, announced, on Wednesday, the launch of its expanded Seller Protection policy for merchants in Asia Pacific. The policy, which will become operational on Oct 11, 2013, helps protect merchants from fraudulent online transaction and cases where items are not received by buyers.
Sushi Food Scandal: Cherry Blossom Sushi Guilty of 40 Breaches on Food Hygiene
Cherry Blossom Sushi Bar Newton outlet had pleaded guilty of 40 breaches on food hygiene
Prada Meets the Devil: Melbourne Woman Wins Refund over Prada Skirt Stain
A Melbourne woman won a $1,660 refund from Prada over a champagne stain on a Prada skirt
Syria Only Reason For Stronger Oil
By Jonathan BarrattAt the moment our focus remains on Syria for the next move in oil. As mentioned, Syria does not produce any oil of note however investors see any military invention by the US as a regional issue and as such a premium is being built into the market.
Galaxy Gear Available to Buyers on Sept 25 for $299; Compatible With 2 2014 Samsung Phones, Software Upgrade Extends Compatibility to 3 More Gadgets (VIDEOS & PHOTO)
Consumers who were wowed by the specs of the Samsung Galaxy Gear smartwatch at its unboxing on Wednesday, Sept 4, in Berlin, Germany, and New York City, could buy the watch as early as Sept 25 for $299.
Samsung Galaxy S4 Google Play Edition Gains Nod of Techies as Best Android Smartphone
In the past editions of ZDNET reviews, the Samsung Galaxy S4 was only runner up as best Android smartphone, with the HTC One getting the top honours.
Kim Dotcom Quits Mega; Will Focus on Other Projects, Legal Battles & Political Aspiration
Kim Dotcom seems to have a few more surprises up his sleeves. After his tweet about plans to launch a political party in New Zealand - a leak which he attributed to “whistleblower”- picked up storm, it is now known that he quit as director of Mega, the cloud hosting service that he launched with much fanfare in Jan 2013, after his previous file sharing venture Megaupload was shut down in a U.S. driven operation, following allegations of mass copyright infringement and money laundering.
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.)
The Overnight Report: At My Signal?
By Greg PeelThe Dow rose 96 points or 0.7% while the S&P gained 0.8% to 1653 and the Nasdaq added 1.1%.
A Manufacturing Industry Revolution
Yesterday's data dump was a non-event. Retail sales rose 0.1%, the current account deficit widened a little, and the RBA didn't change interest rates. The ASX200 followed suit with its own dramatic move, rising 0.16%.
A Trader's Wrap
By Chris Weston, IG MarketsEvery now and then the market picks a currency, throws it firmly in the spotlight and runs with it.
Apple Inc’s iPhone, iPhone 5C Will Sell in China, Says Co-Founder Wozniak (Video)
During an interview, Apple Inc’s co-founder Steve Wouzniak had a bunch of things to say about Apple, the iPhone and where the Cupertino-California is headed in the absence of the late Steve Jobs, former CEO and co-founder.
Australian Stock Market Report – Afternoon 9/4/13
The Australian share market closed in the red today for the first time since last Wednesday as concerns of a US led invasion into Syria jittered investors around the globe and saw a slide in commodity prices during Asian trade.
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.
New Zealand Expertise Sought to Build Cold Storage Facilities in India
With millions of dollars worth of fruits and vegetables going to waste each year, due to inadequate storage infrastructure, India has sought expertise from New Zealand for the development of cold storage facilities in the country.
Cell Phone Bills May Soar As Verizon Withdraws Business From Canada: Analysts
Verizon’s decision not to enter the wireless market in Canada any more may turn out to be critical for Canadians.
Australian Economy Consistent with Global Growth Figures: RBA Governor Glenn Stevens
Slow growth is expected to continue in the near term as the economy adjusts to lower levels of mining investments, says Glenn Stevens, Governor of the Reserve Bank of Australia (RBA), in his statement on monetary policy decision issued on Tuesday.
The Truth About Nokia-Microsoft $7.1BN Deal
In the wake of the Nokia-Microsoft $7.1BN deal, can Nokia improve problematic Microsoft Windows phone image and why does Nokia refuse to sell its full patent to Microsoft?
Australian Stock Market Report – Midday 9/4/13
The Australian sharemarket is slipping for the first time in five trading sessions, with the All Ordinaries Index (XAO) down 0.6 per cent at lunch. Continued tensions in Syria and an increased probability of QE tapering in the US later this month are catalysts.
LinkedIn Plans $1bn Stock Offer to Fuel Growth
LinkedIn filed for a secondary offering of $1 billion to boost the US-based social media company’s funding for acquisitions and international expansion.
Microsoft and Nokia: 5 Benefits of Acquisition - Self-Cleaning, Solar Charging and Windows Running Tablet Soon
Microsoft finally purchased Nokia's mobile business along with a long-term licence of its patent portfolio and Here maps products which shocked the industry. Will the combined force send Windows Phone OS and Nokia back to the top? Here are five benefits for Microsoft on acquiring Nokia mobile.
Apple Inc. Sends Invite for Media Event on Sept 10; Hints on iPhone 5S, iPhone 5C and iOS7
Apple has already sent media invitations for its event on Sept 10 and the invites hinted on iPhone 5S, 5C and iOS7
New Zealand Dollar Continues to Slide Against the Australian Dollar, Reserve Bank of Australia Holds Rates
The New Zealand dollar continued to slip against the Australian dollar after the Reserve Bank of Australia has indicated it has no plans of cutting interest rates further at its current rate of 2.5 per cent. The news has crushed investors who were hoping for another round of rate cuts.
Vegan Brit Claims Eating McDonald’s Meat Products Helped Her Become Pregnant, Has Three Babies
Laura Dixon, a 34-year-old Briton who has been vegetarian all her life, claims McDonald's meat menu helped her become pregnant, and her proof is that she did not only have a baby but a set of twin boys and another baby girl!
Android 4.4 OS Version is Kit Kat, Not Key Lime Pie (VIDEOS & PHOTOS)
Google announced on Wednesday that the next version of its Android OS, the Android 4.4, will be called Kit Kat, not Key Lime Pie as earlier speculated.
Romanian President Proposes Referendum Over Rosia Montana Miner
The continued protest by Romanians over the proposed grant of a mining permit to dig gold and silver from Europe's largest gold mine to be given to Canada's Rosia Montana has led Romanian President Traian Basescu to suggest on Tuesday the holding of a referendum on the issue.
The Overnight Report: Syria Back In Focus
By Greg PeelThe Dow closed up 23 points or 0.2% while the S&P gained 0.4% to 1639 and the Nasdaq added 0.
Is the Stock Market Predicting War?
Stock markets predict the outcome of wars. At least legendary investment banker Barton Biggs reckons so. We're reading his book Wealth, War and Wisdom in preparation for the Syrian attack.
The Reserve Bank of Australia’s Target is You
Apologies to Chris Leithner for using and abusing the title of his excellent book in our headline. But The Evil Princes of Martin Place are at it again - they're fixing the interest rate and creating inflation. We're calling it the evil pincers of Martin Place, which is where the Reserve Bank of Australia is based.
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