BUSINESS

Google Wallet, Another Nail in the Coffin for iPhone 5?

It seems like smartphones running on Google's Android platform are slowly, but surely winning the race, while crowd favorite Apple Inc.'s iPhone 5 is still sleeping in some overseas production plants. Android phones now have bigger screens, an improved interface, more powerful processors, and now, virtual wallets?

Leighton’s Thiess Secures $100m Fortescue Contract

Leighton subsidiary Thiess has secured a major $100 million contract with Fortescue Metals Group (ASX: FMG) for Phase One development works on the Solomon Hub iron ore mine in Western Australia’s Pilbara region.
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Toyota Motor Corp. Expects Sales Rebound Beginning October

After a series of recalls due to faulty parts on existing models and reduced production output following the devastating March 2011 earthquake and tsunami, hopes are high for Toyota Motor Corp. it will be able to swing back to profits from its U.S. sales beginning in October.

NCCP Will Fine Tune Broker 'Quality'

The quality that consumers perceive is being provided by mortgage brokers, in comparison with banks and credit unions, will improve following the introduction of the NCCP, according to the MFAA.

Bidders Flood Early Windows 8 Tablets on eBay

Windows 8 development tablets are selling like hotcakes on eBay, going for as much as $2,700 apiece, even though they were designed for testing purposes only. The tablets are not supposed to go on the market until 2012.

Court Allows Metcash $250 Million Purchase of Franklins

Federal Court Justice Peter Jacobson ruled on Tuesday in favor of Metcash's and Pick n Pay's planned purchase of supermarket chain Franklins for $250 million because the transaction would not violate the country's anti-trust laws.

Samsung Wants to Block iPhone 5 Sale in South Korea

If anyone is most excited for the much-awaited launch of Apple’s iPhone 5, it should be none other than Samsung Electronics, which reportedly plans to block the sale of the smartphone on its own turf, South Korea.

RBA Rate Cut Now Possible

By Greg PeelThe Considerations for Monetary Policy section of the minutes of the RBA's September policy meeting were relatively brief.

Daily Forex Forecast 09/20/2011

The Australian Dollar opened under pressure yesterday and as ongoing European debt fears hampered Asian equity markets, our local dollar also continued lower.

Global Markets Overview 09/20/2011

U.S. stocks fell in volatile trading Monday, snapping a five-day winning streak as another round of worry over Greece's sovereign debt battered the market.

Talking Up Uranium

By Greg PeelLast week saw the 36th annual World Nuclear Association Symposium held in London, at which 650 nuclear industry professionals gathered.

How To Beat The QE Blues

By Marc Lichtenfeld, Investment U Senior AnalystYou hear that beeping sound?That's the sound of my truck backing up to load it with dividend stocks.

Qantas Locks Out Striking Workers

The four-hour strike at Qantas which was supposed to start at 7 a.m. in many airports began 3:30 a.m. The early start was caused by the air carrier's alleged lockout of the 3,800 striking baggage handlers, ground staff and caterers.

GVK To Close Financing For Hancock

GVK Group of India is set to close the funding requirements for its US $1.2 billion acquisition of Hancock Coal in Australia in the next few weeks.

Esprit Turns To China For Growth

Esprit has turned to the Chinese market to help increase its profitability and has embarked on a four-year investment program that will cost HK $18 billion.

China Posts Record High U.S. Bills Spending

With more than enough cash on their hands and a big buying power, China continued to buy U.S. notes and bonds, bolstering its holdings at the U. S. Treasuries to record at a $1.17 trillion.

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