BUSINESS

The Central Bank Gold Rush

By Greg PeelNo one wants the US dollar to cease being the world's reserve currency ? at least not just yet.
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Former Centro Boss Gets Fined, CFO banned, Others Scott Free

Federal Court ruling dismays Australian shareholders and investors for its failure to impose penalties on six directors of Centro Properties Group despite violating corporate laws. The court's decision to fine former Centro CEO Andrew Scott was also criticized.

Australia Corporate Outlook Stable

Moody's Investors Service has rated Australia's corporate sector outlook as stable stable over the next 12 to 18 months although companies will remain cautions given the global economic uncertainties.

IFA 2011: Top 10 Things We'd Love to See But Won't

While Berlin's annual consumer electronics fair has previously been a showcase of home appliances from TVs to fridges, it has become a battleground for manufacturers of wireless gadgets.

Sleeping on the Job… Recommended!

Research published in the Harvard Business Review has shown that employees can greatly improve their productivity by taking a short nap during their workday.

Chinese Firm Defeats Sucrogen for Proserpine Sugar Mill

Over 30 per cent of the 214 Proserpine farmers in the co-operative voted against the proposal from Sucrogen to purchase the mill. The proposal had to be met with 75 per cent approval to be passed.

Instep: Influencing Diversity in the Workplace

The skill set to influence senior management is a key to success for any HR professional. There are a number of skills that make up the full range of tools that can be used to influence decisions. One the most valuable tools is building the business case for change.

Deals: Cash Converters's US Deal Falls Apart

Shares in Cash Converters, the Australian pawn shop and short term lending business, fell 3% yesterday after a deal by its largest shareholder to take control collapsed.

Most Australian Workers Uninspired; Craving for Motivation

Australian workers are crying out for inspiration and looking to their leaders to provide it, according to an annual investigation into the world of Australian workers by recruitment and HR specialists, Randstad.

Apple Loses Prototype iPhone 5 in a Bar

Apple has lost a unit of the next generation iPhone in a bar in a repeat of the embarrassing incident that took place last year with the iPhone 4.

New Trend: Breeze in Breeze Out Workforce

New research has shown that Australian employers are making use of temporary and part-time workers in the face of the uncertain economy and staffing challenges.

BHP Billiton Approves US$367 Million Investment in Newcastle

Mining giant BHP Billiton has approved an investment of US$367 million (BHP Billiton share) for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia aimed at increasing total capacity at the coal terminal to 66 million tonnes per annum.

US Equities Facing Tough Resistance

FNArena has added another video to its Investors Education section on the website. In this video, ATW's Jerry Simmons suggests the rally in US equities might find the going tougher as strong technical resistance is looming.

Australian Stock Market Report - Morning 09/01/2011

The ISM-Chicago purchasing managers index fell from 58.5 to 56.5 in August - the lowest levels since November 2009. The new orders sub component recorded modest weakness. US ADP private sector employment rose by 91,000 jobs in August.

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