BUSINESS

Root Access for Almost Every ICS Phone

A group of developers have been very resourceful and found ways how to unlock root access for almost every Ice Cream Sandwich-operated smartphones, which they made available in a forum in XDA Developers.

Australian Stock Market Report – Afternoon 12/5/2012

Political machinations and the associated rhetorical bluster continued on either side of the Atlantic in the preceding 24 hours. Outcomes in the related markets were favourable, to wit there was a sizeable drop in long term Greek interest rates along with more modest decline in Spanish and Italian rates. Strong gains for US house prices were registered in October, providing more evidence of the nascent recovery in US Housing.

Yahoo Targets New Opportunities in Mobile Industry

Yahoo Chief Executive Officer Marissa Meyer hinted on Tuesday of the company's next plans about the booming mobile industry in relation to the Internet, which the company used to dominate several years ago.
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Australian Stock Market Report – Midday 12/5/2012

The Australian sharemarket is improving for the second time this week, however has trimmed gains following some worse than expected growth numbers. The Australian economy grew by 0.5 per cent in the September quarter (July to September), taking annual growth to 3.1 per cent. The market was hoping for 0.6 per cent to 0.7 per cent growth over the quarter. This adds to the barrage of negative economic readings over the past fortnight. The number of jobs advertised by Aussie businesses has fallen fo...

Back to Old Good Days! Hello Lincoln Motor Company!

After so many years of depressing sales, Ford Motor Co. decided to revive and rename its Lincoln luxury brand. On the 3rd of December, Lincoln Motor Company is due to be introduced. The rebranding is aimed at reviving sales of Lincoln models. And what is more the Lincoln's first Super Bowl ad and television commercials are to be presented as well.

Starbucks Talks with HMRC Might Lead to Change in its UK Tax Approach

Starbucks Corp. informed that it started talks with the HMRC as the company has been facing growing criticism since it was revealed that the world's most known coffee chain paid only £8.5 million in corporation taxes in 14 years. In addition, Starbucks Corp. might pay more in the near future as it is reviewing its UK tax approach.

Could Panama Be the Next Hong Kong?

It's a bit Hong Kong. And a bit Dubai. With a little Gold Coast thrown in for good measure. But what are we doing on this bitty isthmus, anyway?

Aussie Stock Prices Stuck in the Middle

What a long, strange, boring, indecisive, inconclusive year it's been for investors. There are big problems which don't seem to have any solution. Yet collapse is not desirable and appears to be preventable, if you give a central bank enough room to cut rates and buy bonds through quantitative easing. Are we stuck in an endless rut? Or will things get worse, then better...or better, then worse?

Why People Stop Believing What They Believe

In yesterday's Daily Reckoning we promised to tell you today why people stop believing what they believe. We believe what we're going to show is bound to offend you, or at least some of you. But it's a big, bad world and a challenging idea never hurt anyone's feelings. Or if it did, that's too bad. The free world is a rough and tumble place, and you don't have the right to not be offended.

Australian Stock Market Report – Afternoon 12/4/2012

The ASX200 attempted a rally in the first half hour of trade although the move faded quickly and the index lost ground over the remainder of the session. The weaker economic pulse from the US in addition to the war of words between politicians in relation to the fiscal cliff allowed sellers to get traction over regional indices, the majority of which ended in negative territory at the conclusion of the regional session.

Pros and Cons of Rooting Your Android Devices

Android lovers wanting to enjoy the latest features and more of the Google mobile platform need not to wait for say Samsung or telcos to deliver the updates, which come excruciatingly slow.

Australian Stock Market Report – Midday 12/4/2012

The Australian sharemarket is a touch lower ahead of the Reserve Bank's interest rate decision this afternoon. The All Ordinaries Index (XAO) is down 0.2 per cent or 10.0 pts to 4530. Most of the market is now trading in the red, with the energy and mining sectors the biggest drags on trade.

3 New Browsers for Smartphone Devices

In November, Google Chrome surpassed 1 per cent of web usage in smartphones and tablets. The market increase is from Android users so far, although the Chrome has been released to iOS in June, it only accounted for 0.01 per cent in the same month.

Germany may soon Write-Off Greek Debt as it Softens Stance

German Chancellor Angela Merkel, for the first time on Sunday, hinted that her government may ultimately accept a write-off of Greek debt in the future; but stated that Athens first had to fulfil their fiscal targets, including posting a budget surplus by 2014/2015.

Analysts Forecast RBA Would Cut Overnight Cash Rate to 3%

Analysts agree that the Reserve Bank of Australia (RBA) would cut on its Tuesday, Dec 4, policy board meeting the overnight cash rate by 25 basis points to 3 per cent. The move would bring down the key lending rate to a three-and-a-half-year low or the same level in April 2009, the height of the global financial crisis.

Is Uranium Setting Up For A Happier Christmas?

By Andrew NelsonNovember was a little kinder to uranium producers than September or October was, with new demand trickling into the market and providing some support for spot prices.

Massive Weekend Traffic Jam Over 200 Km Long Traps 4,000 Trucks in Russia

Thousands of Russian truck drivers probably made the thumbs down sign and said "Nyet" (No in Russian) after they were stuck in a 200-kilometre gridlock over the weekend. The traffic jam along the M-10 motorway lasted for 44 hours and trapped more than 4,000 trucks. The gridlock was caused by heavy snow.

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