BUSINESS

Pre-MWC Leak: New LG Optimus F7, F5

The South Korean tech company LG keeps on teasing mobile phone enthusiasts about their new upcoming smartphones for the Mobile World Congress this February 2013 in Barcelona, Spain. LG released a video recently previewing what will the company show on MWC 2013 with several smartphone models named after letters – L for style, G for greatness, V for Vu, and F for freedom.

Qantas Offers Frequent Flyers 9 Different Currencies in Newly Launched Pre-paid Card

In a bid to rise from its financial quagmire, Australian flag carrier Qantas will issue in the third quarter of 2013 a pre-paid credit card which will load 9 different currencies.However, Qantas reported on Wednesday a bit of financial relief when it logged almost a triple first-half profit of $111 million.The credit card, which could also be used as a travel card in 35 million locations around the world that would earn holders points on eligible purchases, would be issued to 9 million ...
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Australian Stock Market Report – Midday 2/20/2013

The Australian sharemarket is improving for the third straight day, with the All Ordinaries Index (XAO) up 0.3 per cent or 15.6 pts to 5116.6. This takes the gains so far in 2013 to 9.6 per cent. It isn't a huge surprise that markets are higher, with shares up close to 2 per cent overnight in Europe. This was partly thanks to some positive signs for the future outlook of the German economy.

All Hail As Macmillan Shakespeare Delivers

-Brokers raise earnings estimates-New JV in the UK-Solid leasing outlook-More organic growth to comeBy Eva BrocklehurstMacmillan Shakespeare ((MMS)), which provides workplace benefits administration services, has pleased brokers with its strong first half.

All Hail As McMillan Shakespeare Delivers

-Brokers raise earnings estimates-New JV in the UK-Solid leasing outlook-More organic growth to comeBy Eva BrocklehurstMcMillan Shakespeare ((MMS)), which provides workplace benefits administration services, has pleased brokers with its strong first half.

Australian Stock Market Report –Afternoon 2/19/2013

The Australian sharemarket has improved for the 15th time in 20 trading sessions, with the All Ordinaries Index (XAO) up 0.4 per cent or 18.1 pts to 5101.00. Local shares are now hovering around their best levels since August 2008. Global markets were quiet overnight due to the U.S President's Day public holiday which kept American markets closed.

Australia, New Zealand Plan $60M Trans-Tasman Submarine Cable

New Zealand's major telecoms players, Telecom, Vodafone and Telstra, announced on Tuesday that they have entered into a non-binding memorandum of understanding that would pave for the construction of a new $60 million worth fiber-optic cable connecting New Zealand with Australia. Opposition parties in the country immediately slammed the concept as furthering the already monopolistic nature of connectivity and pricing that they already have.

Australian Stock Market Report – Midday 2/19/2013

Local stocks are slightly firmer in the early session, consolidating four and a half year highs reached on the All Ordinaries Index (XAO) yesterday. It's a significant consolidation given Wall Street was closed overnight for Presidents' Day holiday and European markets closed in the red for a third consecutive session.

History Likes to Repeat Itself – Reader’s Digest is Once Again Bankrupt

In the darkness of the night on the 17th of February, RDA Holding Co., publisher of legendary Reader's Digest, filed for Chapter 11 protection to cut as much as $465 million in debt. It is the second bankruptcy of the over 90-year-old magazine in nearly four years. The publisher of Reader's Digest has informed that it will focus on electronic media as the shift from print to digital media is inevitable.

Gold Is Money: Central Bank Actions Send Clear Message

Germany recently made big news by announcing its plan to bring home part of its massive gold reserves. By retrieving 300 tons from New York and all 374 tons from Paris, 19% of its holdings - $36 billion worth - will be repatriated. By 2020, Deutsche Bundesbank expects to have 50% of its gold reserves stored in its Frankfurt vaults.

Best and Worst of Windows Phone

Windows Mobile was one of the smartphone OS available dated back in the 90s and basically runs PDA devices. Unfortunately, the OS turned out to be a disaster and became a deserted system within such time. Windows Phone came back with new style, new features, and new system to join the competition of mobile OS in the market. It is in the fourth position challenging Android, Blackberry OS, and iOS for global domination in the mobile tech industry.

Thailand Enjoys Strong Growth in Q4

Thailand witnessed strong growth in the fourth quarter of 2012 as industry recovered from effects of severe floods. The result of 3.6 percent growth topped analysts' estimates. The Thailand's economy and other Asian countries demonstrated resistance to the struggling global economy as local and domestic demand increased.

Best and Worst of Apple’s iOS

The common debate regarding mobile operating system is the Android vs. iOS topic and no yet has ever won from the argument. It is always up to the users which work for them in terms of usage and functionality. The iOS has many amazing features which what makes it one of the top in the mobile technology market, but even something that looks perfect have several flaws hiding behind the curtains.

How America Was Lost

Today, we hold our hat in our hand; we bow our head...and let our mouth fall open in amazement. Our Lenten programme of fasting, prayer and meditation is producing results. We are lightheaded from near-starvation and alcohol deprivation. But our thoughts are clear. Or else, we are hallucinating.

Time to Opt Out of Government Sponsored Investing

The good news is, it's easy to predict what will happen to the world economy in the next few years. The bad news is, the governments won't let it happen. And who knows what they'll come up with instead?

Carlsberg Misses Profit Estimates

Carlsberg witnessed a decline in its quarterly profits as sales slumped in the Russian and Northern European markets. Similarly, shares of the company shrank following lower-than-expected fourth quarter earnings and high beer making expenses.

Facebook a Tool for Spying on One’s Kids

They are not really so much fans of the world's most popular social networking site but almost half of American parents admitted that the main reason they signed up for an account with Facebook is to spy on their children's online activities.

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