BUSINESS

Why the Revised BlackBerry Playbook Won't Sell

Research in Motion Ltd. will release the updated Playbook operating system in February that would include a new native calendar and contact applications, as well as better integration for E-mail, LinkedIn and Twitter. RIM is hoping the new update will lure developers and consumers to support its Playbook OS 2.0 but this update could be too late to reverse the Playbook's fortune.

Ford Recalls 539,000 minivans, SUVs

Ford Motor Company, the second largest automaker company in the U.S. recently announced a recall of at least 539,000 vehicles worldwide in order to repair certain errors in the affected car models.
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ANZ Bank Frontline Staff to be Spared from Job Cuts

A day after UBS came out with a report that 7,000 jobs would be cut from Australia's banking industry in the next two years, ANZ Bank started the opening salvo by confirming on Wednesday that 130 positions would be declared redundant.

Updates: Fortescue Lifts Sales

The surge in Chinese iron ore imports last November and December also helped Fortescue Metals shipped a record 14.77 million tonnes of ore in the December quarter, beating its own guidance.

Performance Reviews: Scrap Them?

The New Year period often means a plethora of performance reviews, which, depending on how they are administered, can mean a heavy time burden for HR directors and their teams.

The Euro Rejoins The Risk Pack, But For How Long?

By Kathleen Brooks, Research Director UK EMEA, FOREX.comThe dollar was generally bid for most of the London session; however it has managed to claw back some gains mid-afternoon, as the euro stumbled as it made attempts to crack 1.

Global Markets Overview 18January 2012

U.S. stocks gained Tuesday after strong economic data in the U.S., China and Germany fueled optimism over the pace of global economic growth, setting up stock indexes for their highest close in nearly half a year.

Australian Stock Market Report – Afternoon 1/17/2012

The local share market enjoyed a strong session today, with investor sentiment boosted by a positive offshore lead, better than expected Chinese economic data and strong quarterly production reports from a number of our key mining and energy companies. The All Ordinaries Index (XAO) added 68.8pts by close or 1.6pct to 4277.7 while the S&P/ASX 200 Index (XJO) firmed by 68.4pts or 1.7pct to 4215.6.

Aussie Banks Face Prospect of Massive Job Cuts This Year

Gloomy market environment and government intrusions were being blamed by the banking sector for the projected job losses that the industry could witness this year, which could run to thousands of job cuts, media reports said.

Bleak Employment Future in Australia’s Banking Sector

Reflecting Australia's two-speed economy, job prospects in the country's banking sector are expected to be bleak for 2012 while the resources sector has thousands of job openings and even has to take in immigrant workers to fill in the vacancies.

The Economy: No Change

Despite a post New Year burst of gloom about retailing, online shopping and employment, the reality is that the Australian economy has remained where it was in December, doing a bit better than many media reports suggest, and doing poorly as the same media reports suggest.

Markets: The New Year Rally Snuffed Out

Europe's 2011 woes returned from their Christmas holidays earlier than expected thanks by the Standard & Poor's ratings downgrades and investors here and offshore will have to be very careful.

Top Losers at CES 2012

The Consumer Electronics Show is over and the only thing left to do is mop up the losers of the biggest electronics trade show of the year. Here are some gadgets and companies that made a poor showing at CES 2012.

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