BUSINESS

Australian Stock Market Report – Midday 6/3/13

The Australian sharemarket has kicked off the session in the red, following a tough end to the week in global markets. The ASX 200 Index (XJO) is down 0.1 per cent; however things could have been worse following a 1.3 per cent slump across the US on Friday.

Thomas Cook Makes One More Step to Replace its Old Fleet

Here it comes after long talks, Thomas Cook Group Plc has announced that it reached a deal with GE Capital Aviation Services (GECAS) and its one step closer to have a new shining fleet. Its fleet renewal programme is part of the tour operator's turnaround strategy aimed at improving its dented performance.

NHTSA Proposes New Guidelines for New Age Self-Driving Cars

At last, the National Highway Traffic Safety Administration has set up new guidelines for drivers keen on self-driving cars. The move is a breakthrough as it is one of the first regulatory laws introduced by the agency with respect to autonomous vehicles.
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Low AUD A Positive Injection For Aussie Healthcare

- Falling AUD healthy for Aus Healthcare stocks- Brokers see steady rates as low as 0.96 near-term- CSL and ResMed to benefit most- Hedging limits upside for someBy Andrew NelsonOne Australian industry sector that is already enjoying the recent weakness in the AUD, at least in terms of positive fore...

Apple (AAPL) Investors: Is It Time to Let Go of Your Apple Shares?

The recent stock performance of Apple Inc. has left investors disappointed. The last six months saw the tech giant's share fell 22%. The company also suffered a double-digit loss this year. This happened even if S&P 500 rose to 15% during the same period. The loss reflects Apple's underperformance compared to last year's figures.

Motorola Working on Digital Tattoos, Password Pill

Besides releasing in October 2013 the Moto X smartphone, Motorola Mobility's first handset since it was acquired by Google, the company is working on new methods that would make remembering passwords unnecessary.

Australian Stock Market Report – Afternoon 5/31/13

May; A month which was charactarised by the US Federal Reserve signalling, tacitly or otherwise, that it was developing a strategy to exit its quantitative easing policy. The impact on the local market has been significant. The ASX200 has shed 4.7%, marking its worst decline in 12 months. Additionally there has been a precipitous decline in the Aussie dollar which has also dealt confidence a blow. The local unit has lost more than 7% in May.

Australian Stock Market Report – Midday 5/31/13

Up until just before lunch, the Australian market was improving for the third time this week. Global markets were up modestly overnight, with shares in the US up 0.1 per cent while the German market jumped by 0.8 per cent.

H&M Vows to Use Plus Size Fashion Models

Clothing retail giant H&M has promised to invest more on healthy or plus size models for its advertising campaigns. The company admitted that they previously focused on too-thin models becoming irresponsible in the process. For a change, the company’s newest advertising campaigns will be about healthier bodies.

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

Australian Investors Cautiously Optimistic

Investors in Australia have grown a little more cautious following double digit returns for equities since mid-2012, despite having only sparingly participated in the rally.

£6bn Chinese Asian Business Gateway at Royal Albert Dock

Touted as one of the largest investment to be made by ABP China Holding Group, the new business gateway, which is to be developed on 35-acres of Royal Albert Docks by the company, will be the 'third largest financial district in the capital.' A news byte by Greater London Authority discusses the project and underlines that the venture would generate £23 million in business annually.

UK Saw Home Prices Increase in May, Nationwide Reports

The property market is slowly recovering as the mortgage lender announced that the UK saw home price increase mildly in May. In fact, the country witnessed the fastest annual rate in 18 months as official initiatives started bearing fruits.

Australian Stock Market Report – Afternoon 5/30/13

Local shares slumped by 0.9 per cent today, comfortably wiping out the previous two sessions of gains. The falls were partly due to the Organisation for Economic Cooperation and Development (OECD) cutting growth forecasts for the global economy overnight.

Apple (AAPL) Saves Billions in Taxes Thanks to Irish Woman Accountant

Cathy Kearney, 49, works for Apple Operations International in the city of Cork. Kearney is in charge of Apple's successful operations in Ireland. Apple's subsidiary in Cork is responsible for selling iPhones, iPads and Macbooks to African, European and Middle Eastern markets.

IMF Lowers China Growth Forecast to 7.75%, Issues Warning on Debt

The International Monetary Fund has lowered the growth forecast for China for the second time in just six weeks, saying it expects growth to reach "around 7.75 percent" this year. The Washington-based institution also warned that Beijing needs to make a "decisive push" to launch new market-oriented reforms and raised concerns about a rapid expansion of credit in the world's second largest economy.

Will Japanese Policy Fail?

By Jonathan BarrattGlobal Markets ? Japan comes back into focus?"When in May stay away" is the normal catch-cry for traders this time of the year, although so far you would wonder given record highs in the US equity markets.

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