BUSINESS

More Aussie Retailers Join Online Bandwagon

More Australian retailers are set to join in 2012 the online bandwagon. The shift to e-commerce over traditional bricks-and-mortar stores confirms the truth behind the cliché - If you can't beat them, join them.
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Australian Stock Market Report - Morning 01/09/2012

US non-farm payrolls (employment) rose by 200,000 in December, ahead of forecasts centred on a gain of 150,000. Private sector jobs rose by 212,000 and the jobless rate fell from 8.7pct to a near three-year low of 8.5pct. Average earnings rose by 0.2pct.

Samsung Galaxy S3 Speculations

In 2011, Samsung released powerful smartphones designed for different users and for different purposes. For 2012, there are speculations that the successor of Galaxy S2 will be released - the Galaxy S3. It is expected to be far more superior and powerful than all of its Galaxy relatives especially against the Nexus.

Qantas Downplays Cracks Seen on its Airbus Planes

Qantas Airways downplayed on Friday possible questions on its flight safety as reports of cracks discovered on wing ribs of its A380s emerged, renewing fears that engine failures could again hit its aircrafts.

Will Apple Drop the iPad 2 to $299?

The iPad 3 rumor mill is at full tilt right now with speculation running wild about tablet's improved specs to when Apple will announce the next generation tablet. But along with rumors about the iPad 3 there are also reports about what will happen to Apple's current tablet, the iPad 2.

Hot Mobile Trends to Expect at CES 2012

Samsung's Galaxy S III and the next generation Galaxy Tab will likely debut at MWC. Despite the spotlight focusing on new smart TVs and Intel's new Ultrabooks that doesn't mean the mobile industry is going to be completely silent at CES. Here are some of the mobile trends to expect at CES 2012.

New Yahoo CEO Faces Many Challenges

Yahoo Inc. finally named its new CEO on Wednesday hiring President of PayPal Scott Thompson in an effort to recharge the flagging Internet company.

Australia's December Trade Surplus Declines

Australia's latest trade surplus posted declines from previous month, achieving only $1.38 billion in November as compared to the seasonally adjusted $1.42 billion in the month before, according to new figures released on Thursday by the Australian Bureau of Statistics (ABS).

Yahoo Taps PayPal's Scott Thompson As CEO

Scott Thompson, eBay Inc.'s top executive, was hired by Yahoo Inc. He was designated as the new chief executive while attempting to proceed with an independent unit.

Samsung Unveils New Galaxy Ace Plus

The Russian market will have first taste of Samsung's new Galaxy phone - the new Galaxy Ace Plus that experts said derives its look from an earlier version of Apple's iPhone.

Weaner Steer Prices Hit $895 at Open of Annual Selling Season

Prices of weaner steers reached $895 and weaner heifers $870 on Wednesday at the opening of the Wodonga yearly weaner and grown steer sale. The prices of steers were at 305 cents per kilogramme and 256 cents for heifers due to the strong demand from northern and Victorian buyers.

Tiger Airways Eyes Avalon Airport as Second Hub

Tiger Airways Australia is eyeing Avalon Airport as its second hub because of the strong performance of the budget air carrier in 2011. In the seven-month period March 27 through Oct 31, Tiger added 380,000 seats to its four current routes.

Qantas Mulls Lending Surplus Pilots to other Airlines

Qantas Airways has revealed plans of loaning significant numbers of its pilots to other international airlines, claiming that they agreed to go on unpaid leave as the national carrier implements measures to reduce its costs.

Mazda 3 is Australia's Top Selling Car

In Australia, the best-selling vehicle for 2011, according to the latest VFACTS data released on Wednesday, was Mazda 3, which experts and consumers alike praised for reliability without sacrificing the look-factor.

Construction Work in New Resources Projects in Australia Up 31% in 2011

It was still a banner year for the mining sector of Australia in 2011 despite claims by some groups that the boom has waned. Proof of the strength of the mining sector is that while the previous year was marked by economic contraction in many countries, construction work on new resources projects in Australia went up 31 per cent for the year.

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