BUSINESS

HTC Launches New Flagship, M7, to Counter Drop in Sales

The Taiwanese firm HTC is still under warning of continues sales drop. The intense friction between Apple and Samsung in terms of marketing has stumbled HTC while the new players, Huawei and ZTE, compete inside China, which kicked the Taiwanese firm out of the top five in the last quarter of 2012.

Top 10 Most Expensive Global Cities in 2013, Sydney on 3rd Place

Not only is the Australian currency rising, even prices of goods and services in major cities in the land down under are also going up at a faster pace. Thus, two Australian cities are in the Economist Intelligence Unit's 10 most expensive cities in the world.
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Samsung Galaxy S3 Hack in 10 Minutes for Wireless Charging

The upcoming Galaxy S4 is rumoured to sport wireless charging capability but those who can hardly wait for the next Samsung flagship smartphone launch and happen to own the million-selling Galaxy S3 can actually enjoy this feature in advance.

Australian Stock Market Report – Midday 2/4/2013

The Australian sharemarket has kicked off the week a touch higher, with the All Ordinaries Index (XAO) up just 0.1 per cent or 3.1 pts to 4945. Global markets rose impressively on Friday, partly thanks to a healthy jobs report out of North America. There were 157,000 jobs created in January, while previous monthly reports were upgraded which was also seen as a positive.

Tubbataha Reef Damage to be Compensated -- US Embassy in Manila

The United States Embassy in Manila said the U.S. government has vowed to extend the 'appropriate compensation' to the Tubbataha Reef that was damaged when its mine countermeasure ship USS Guardian ran aground on the precious World Heritage site on January 17.

US Saw Strong Car Sales in January

After optimistic results noted in 2012, the beginning of 2013 is also comforting for automakers as new car sales in the US increased sharply in January.

China’s Geely Acquires Taxi Maker Manganese Bronze

After all, there are happy endings... Chinese car manufacturer Zhejiang Geely Holding Group Co. informed that it acquired legendary cab maker Manganese Bronze for approximately £11 million. The producer of London's black taxis run into financial difficulties and entered administration in 2012. It seems that Manganese Bronze's legend will be restored at last.

Production Report Makes Independence's Day

- Independence Group increases production & grades- Reduces costs- Exploration potential- Two brokers upgrade to BuyBy Greg PeelIf commodities analysts had to pick one metal/mineral offering little in the way of enthusiastic price upside in 2013 it would likely be nickel.

Advertising Shifts Substantially Into New Media

-Advertising spending to improve-But mostly in new media-Publishers face strong headwinds-TV advertising to reboundBy Eva BrocklehurstTraditional media is on a downhill road, advertising spending is choppy, debt levels are high.

Australians Hunt for More Wi-fi Hotspots

A new research of Australia's data usage habits has found that Aussies have been venturing more towards wi-fi hotspots in increasing numbers, which is not surprising since the same study likewise revealed that half of all Australian adults now already own a smartphone. That Aussies will clamor for more free wi-fi hotspots to support their rapid mobile requirements is just a matter of time, so to speak.

Nexus 4 Australia: Aussies Might Go for the $496 Deal

Nexus 4 is gone again in Australia after only days of being available. Both the 8GB and 16GB variants of the Google flagship smartphone has just returned to Google Play site, but now buyers are doused with cold water again.

Australian Stock Market Report – Midday 2/1/2013

Following on from a quick pullback yesterday, the local market is improving for the 11th time in 12 trading sessions. The All Ordinaries Index (XAO) is up 0.7 per cent or 36.6 pts to 4937.6. The market is anticipating economic news out of China between 12pm (AEDT) and 12.45pm (AEDT) which could drive markets this afternoon.

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.

Imperial Tobacco’s Mood Spoiled by Black Market Sales

On the 30th of January, Imperial Tobacco Group Plc. informed that the first-half profit would decline because of black market sales and the deepening crisis in Europe. Along with the announcement on the half-year profit outlook, the Europe's second-biggest tobacco company revealed that Robert Dyrbus had resigned from his position.

Shell’s Q4 Profits Rise, But Miss Estimates

On the 31st of January, Royal Dutch Shell PLC informed that it saw a 13 percent jump in profit for the fourth quarter. As it was underlined by the Europe's biggest energy company, increased costs in both exploration and output were balanced by high refining margins. However the profit for the final fiscal quarter did not meet with analysts' estimates due to weaker prices in North America.

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