BUSINESS

New Board Launches Alcohol Name, Shame Ad Campaign

Health campaign groups in Australia launched on Friday the independent Alcohol Advertising Review Board. The main task of the new board would be to name and shame alcohol firms with advertising campaigns that violate international alcohol advertising regulations.

Another Ratings Cut for Macquarie Group from Moody’s

The Macquarie group had its second credit downgrade in four days. The first was by Fitch on Tuesday and the second by Moody's Investors Service on Friday. Moody's cut Macquarie's credit rating by one notch to A3 from A2.
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Full Details About Sony Xperia Sola

Sony Mobile Communications recently launched the company's Android-based Xperia Sola that utilizes the "Floating touch" technology. The Xperia Sola is one of the smartphones launched by Sony since the company decided to drop the name “Ericsson” in their mobile business.

Fortescue Hikes Bond Offer to 2 Billion

Fortescue Metals Group (ASX: FMG) announced on Thursday that it doubled its bond offerings to $2 billion from $1 billion. The amount raised will be used to pay for expansion plans.

Apple iPhone 5 Release in 2012: The "New iPhone?"

The recent release of the new iPad has sparked numerous rumors about the possible release of iPhone 5 within the year. There were many speculations that were formed based on the specifications revealed in the new iPad since both Apple products have the same OS.

Petrol Prices Soar with no Respite in Sight

Between February and March this year, petrol costs have risen by 3%, causing a downward drift in the Westpac-Melbourne Institute consumer sentiment index. This has many economists worrying, as the fear of recession looms and unemployment figures do not look too uplifting either.

Firefox, Chrome in Development for Windows 8

Microsoft's Windows 8 users will have choice in web browsers as both Google and Mozilla are working on versions of their web browsers Chrome and Mozilla to work in the Metro environment.

Australian Stock Market Report - Midday 3/14/2012

Australian stocks are once again posting solid gains, on the back of positive gains in the US and Europe overnight. Retail sales in the US came in higher than expected overnight boosting investor sentiment, while encouraging comments from the US Federal Reserve about moderate expansion in the American economy also helped. Results of the US Bank Stress tests were also revealed overnight, with only four of the 19 banks tested failing, although one of them was Citi. The overall banking sector rose ...

Four US Banks Fail Fed Stress Tests

By Greg PeelI suspect the US Federal Reserve is a little bit peeved with Jamie Dimond, CEO of JP Morgan Chase, even if JPM is the Fed's poster child.

Aussie Exporters Hedging, Not Borrowing

By Andrew NelsonNew data from the Commonwealth Bank show an ever increasing amount of Australian exporters are curbing their borrowing intentions because of the continued strength of the Australian dollar.

March The Pivotal Month

By Rudi Filapek-VandyckFNArena has added another video to its Investors Education section on the website.

US Economy: Fed Sits, Again

Last Friday's strong jobs report for February and the revisions to December and January (producing nearly 290,000 new jobs in total) will mean the US Federal Reserve sits on its hands for another six weeks at least.

Corporates: Gunns In New Hunt For Money

Days after being rejected by a Kiwi billionaire, is there a new saviour on the horizon for embattled Tasmanian wood products group Gunns and its pulp mill project?

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