BUSINESS

Supermarkets Home Brands Boost Sales

Australian supermarket operators Coles and Woolworths have recently added home brands to their shelves, which elicited negative comments from global food manufacturer Heinz and other branded food producers.

Titan Energy to List in ASX

Oil and gas field service provider Titan Energy (ASX: TTN) is going public by listing in the Australian Stock Exchange (ASX) on Dec 7. The company hopes to raise $5.45 million capital by issuing 5 million shares at $1 per ordinary share.
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Intel Rival AMD Unable to Catch Up with Bulldozer?

Advanced Micro Devices was hoping that it's recently launched Bulldozer server processors would pull AMD out of its downward spiral against arch-rival Intel. Bulldozer has a new microstructure, a complete redesign of the original Opteron chip and the first chip to be manufactured with 16 cores. It also represented AMD's best hope of regaining its lost market share.

Bullish Pattern For AUD/USD

FNArena has added another video to its Investors Education section on the website. This may seem odd in a week wherein the Risk Off trade is the clear dominant factor, but ATW's Jerry Simmons actually has a bullish underlying view on the Aussie dollar.

Tip-Toeing Back Into Risk

By Kathleen Brooks, Research Director UK EMEA, FOREX.comIt's a sea of green in stock markets today; however the macro situation remains as bad as ever.

MR Capital betting hedge funds in booming Asia

Global alternative investment management firm MR Capital Management Ltd. is focusing its funds to the Asian economies in a major shift of its traditional portfolio because of the improved industrial activities in Asia and the obvious growth slowdown in developed countries of the west.

51% of Aussies Support Mining Tax

The mining tax proposal of the Labor government, set to be voted on likely by Wednesday, appears to be a more popular measure than the proposed lifting of uranium exports to India.

More Job Cuts by OneSteel

Employees of OneSteel have been warned to brace for tougher days ahead as the company reduces costs.

Australia's Future Capital Fund Invests in Agenda.com

Australia's leading Internet venture fund, Future Capital Development Fund (FCDF) has announced it has invested in another Internet company, TheAgendaDaily.com ("Agenda") - a hybrid media / commerce business which successfully offers customers engaging daily recommendations alongside exclusive member only sales.

Australian Stock Market Report - Midday 11/22/2011

The local share market has followed global markets into the red, after US and European investors bailed out of equities overnight on ongoing worries about budget deficits. However the selling isn't as bad as was predicted, with the All Ordinaries Index (XAO) down .

Medium-Term Outlook For Gold Remains Positive

- ANZ remains bullish on gold- European buying seen as a sign of economic stress- Higher prices may limit Asian buyingBy Chris ShawGold recorded solid gains in October, closing the month 6% higher.

NAB Chief Clyne Receives Whopper Pay Package

Cameron Clyne, chief executive of Australian banking major NAB who controversially passed on just 20 basis points of the 25 basis point cut enacted by the Australian central bank, despite the fact that the lender posted a 19.2 per cent increase in full year net profits on $5.5 billion is in line for a large pay hike.

Bye Bye Bunga Bunga

A new Italian government headed by Mario Monti, a respected economist and former European Commissioner, has replaced the government of Silvio Berlusconi, who had dominated Italian politics for 17 years.

Canadian Housing Market Refusing to Stall

The Canadian housing market continues to function in a consistently insensitive manner. It's like it fails to realize that the rest of the free world is hurting, and this persistent, and seemingly abnormal, growth is bound to cause more offense than awe.

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