CDC Says Ebola Virus Manageable Unless Mutates in U.S., Air Canada Approves Flight Attendants’ Request for Hand Gloves
An outbreak of the Ebola virus in the U.S. in deemed unlikely unless it mutates.
Global Markets Overview – October 17, 2014
The Fed can't stay out of the market at the moment. St Louis President Jamie Bullard has done a complete about-face by calling for the Fed to hold off on unwinding the asset purchase program at the end of the month.
Australian Stock Market Report – Morning October 17, 2014
In US economic data, the Philadelphia Fed business activity index fell from 22.5 to 20.7 in October. Across the sub-indices new orders and prices paid lifted while employment eased. The NAHB Housing market index fell from 59 to 54 in October - the first decline in five months and suggested moderation in the pace of new construction. US industrial production rose by 1% in September, well above forecasts. Strength in mining and utilities drove the result. US jobless claims fell 23,000 to 264,000 l...
Ebola Comes to the U.S.: Tests Come Out Positive in Second Texas Health Worker, Hunt for Other 132 Passengers Start
The CDC may need to rework some of its guidelines after the dreaded west African Ebola virus has successfully infected its second American victim right inside the U.S. homeland.
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Recession Fears Loom Over Germany As Growth Rate Slows Down
Germany is one of the biggest economies in Europe and new data suggests that the country is at the risk of diving into a recession.
Made in Canada Ebola Vaccine Begins Human Clinical Trials, Results Expected December 2014
Canada has started the human clinical trials of the vaccine it developed against Ebola.
Apple & Facebook Offer $20,000 To Female Employees Willing To Have Their Eggs Frozen
Two technology giants have upped the game insofar as retaining their employees are concerned. Apple and Facebook are offering their female workers up to $20,000 to have their eggs frozen so they could keep their engagement with their companies while tapping science to ensure they could still bear children when they decide to later.
ISIS Has New Enemy, Hunted Down by White Shroud Guerillas in Syria
Guerrilla groups in Syria are pouncing on the ISIS jihadi fighters.
Global Markets Overview – October 15, 2015
US equities remained choppy as investors juggled various factors, including a raft of key earnings. JP Morgan, Citigroup and Wells Fargo reported, with the dominant theme a pick-up in trading revenue. Earnings were mixed and didn't really give a good picture of what to expect from Q3 earnings. Earnings that enjoyed the biggest positive reaction were Citigroup and Intel. Intel reported after-market and impressed, resulting in a 2.8% rise in its shares.
Monday’s Hike In Iron Price Could Be Indicator Market Has Bottomed; Marubeni Forecasts Higher Price For Key Steelmaking Ingredient In 2015
After hitting record-low iron ore prices in the international market, there are indicators that the market has bottomed out. On late Monday, price of the key steelmaking ingredient went up 4 per cent, logging its largest one-day gain in seven months.
Japanese Sex Doll Releases Liquid When Breast Is Squeezed
A new model of a Japanese love doll is the toast of bachelor parties because the plaything also doubles as a drink dispenser. It comes, however, with a high price tag of $5,000.
Ebola Update: China Develops Vaccine, Hopes For Early Approval; Mortality Rate Now at 70%, WHO Reports 4,447 Ebola Deaths
China has developed a vaccine that could potentially save and cure Ebola-stricken patients.
Finnish PM Blames Apple For S&P Credit Rating Downgrade
Rating agency Standard & Poor's downgraded on Monday Finland's credit rating to AA+ from AAA over concerns that the pace of its economic growth is slower. The next day, Finnish Prime Minister Alexander Stubb blamed American tech giant Apple for the economic woes of the nation.
Australian Stock Market Report – Morning October 15, 2015
European shares recovered in late trade on Tuesday, after hitting an eight-month low earlier in the session. The better earnings results out of the US and rally in US equities prompted the turnaround. Earlier concerns about euro zone growth weighed on markets. The German ZEW monthly survey of economic sentiment fell for a 10th straight month to minus 3.6, the weakest result in almost two years. The FTSEurofirst 300 index rose by 0.1% while the UK FTSE gained 0.4% and the German Dax lifted by 0.2...
Australia Ranks 8th In Global Economic Index List, New Zealand Is 3rd And the US Falls To 12th Rank
Hong Kong and Singapore are the top two countries in this year's annual index of the world's freest economies.
Australian Stock Market Report – Afternoon October 14, 2014
Local shares posted one of their better gains of the year today with the All Ordinaries Index (XAO) rising by 1 per cent or 50.9pts to 5204. Despite the improvement, the market's downtrend remains firmly in place with losses of over 8 per cent recorded since the start of September. The next support level for the ASX 200 is around 5070.0.
Caltex Australia Finally Shutters Sydney Oil Refinery, Over 300 Jobs Lost
Caltex Australia finally closed on Tuesday its 58-year-old oil refinery in Kurnell, Sydney. The oil and gas giant now runs the facility as a fuel import terminal. It spend $270 million over two years to convert the plant.
Apple Pay Coming To 18 Stores, Including Staples, MacDonald’s, Subway & Walgreens
The new Apple Pay system will launch in at least 18 retail outlets on Saturday, said a leaked memo from Walgreens and posted by MacRumors.
Australian Stock Market Report – Midday October 14, 2014
US shares slumped overnight in thin holiday trade. The Dow Jones fell by 1.4 per cent while the broader S&P500 dropped by 1.7 per cent. Investors are holding their breath for a barrage of profit results from some of America's biggest banks this week. Citigroup, JP Morgan Chase and Wells Fargo are all scheduled to issue third quarter results tonight.
$10M Funding For Start-Up LiFi, A Light Bulb That Could Act As Wireless Network At Home
Gadgets designed specifically to connect computers and smartphones to the Internet may soon be a thing of the past as the technology world moves toward the Internet of Things.
Global Markets Overview – October 14, 2014
A lack of macro news overnight meant markets were left to their own devices, which led to all sorts of indictors and moving averages being triggered.
New Zealander Widow Of MH 370 Passenger Turns Down $50,000 Compensation Offer
In a move that seems like a slap on Malaysia Airlines, the widow of a New Zealander who is one of the passengers of the missing Flight MH 370 rejected a $50,000 compensation offer from the air carrier.
BHP Billiton Open $3.4B Caval Ridge Coal Mine In Bowen Basin
Despite the low price of coal in the international market, mining giant BHP Billiton (ASX: BHP) pushed through on Monday with the opening of its $3.4-billion Caval Ridge coal mine in Bowen Basin, Queensland.
Australian Stock Market Report – Morning October 14, 2014
In Chinese economic data released yesterday, the trade surplus narrowed from US$49.83 billion to US$31.0 billion in September with exports up 15.3% on a year ago with imports up 7%.
Twitter CEO Reveals ISIS Has Threatened to Kill Him, Also Employees
Twitter's CEO and employees have received death threats from the ISIS.
Australian Stock Market Report – Afternoon October 13, 2014
The Australian market has slumped for the fifth time in six days and remains near an eight-month low. The All Ordinaries (XAO) slipped by 0.6 per cent and local stocks have shed 9.5 per cent from the highs reached at the start of September. The strength in the US dollar and recent concerns of sluggish world growth have been two drivers.
Ebola Update: Texas Female Nurse Could Not Identify Breach in Protocols, Russia to Introduce Vaccines Within Six Months
Russia said it is ready to produce three Ebola vaccines in the next six months.
Australian Stock Market Report – Midday October 13, 2014
Local shares continue to fall and one of the most common exchanges between market participants at present turns around the level at which the ASX 200 will ultimately find some durable support with the index now down by more than 3 per cent year to date. European shares fell sharply to end last week, driven by continuing concerns about the health of the German, and broader European economy. US share markets were led lower by the technology stocks. Over the course of the week the Dow Jones lost 2....
5 Reasons Why Talking About Money Can Actually Boost Your Relationship
Couples, above many things, should agree on how to handle their money
Japan Typhoon VongFong Injures 31, Disturbs Air Travel, Forces 350,000 Out of Their Homes, Knocks Down Power
Residents advised to prepare against more flooding and landslides.
Global Markets Overview – October 13, 2014
We have been saying since mid-May to be wary of the events that will occur in October (the end of the asset-purchase program). October remains the turning point of the year and we retain our key pick of being long the VIX.
Apple Inc Named World's Most Valuable Brand at $119 Billion; XL iPad Delayed For iPhone 6 Production
Apple Inc has been named the world's most valuable brand at $119 billion ahead of Google and Coca-Cola. The company was ranked the highest in the list of Interbrand Best Global Brands.
Australian Stock Market Report – Afternoon October 10, 2014
Local shares extended their losses after lunch, falling for the fourthtime this week and hitting a fresh eight-month low. The All Ordinaries Index (XAO) slumped by 2 per cent, slipping below 5200.0 for the first time since February and making it the worst session of the year.
Microsoft CEO Satya Nadella Apologises for Discouraging Women Who Ask for Raises
Microsoft CEO Satya Nadella apologised for discouraging women emplyoees against asking for raises.
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