The optimism generated by the better-than-expected US jobs is seen to redound to the stock market.Analysts are bullish that Monday's trading will record some gains benefitting from the major averages posted by the Dow Jones Industrial Average, up 1.2% to close at 12862; the S&P climbed 1.5% at 1345; and the NASDAQ advanced 1.6% to end at 2906.
Christine Gaylican
Feb 06, 2012
One of Australia's leading consumer product surveys, Product of the Year, today released its third annual survey results for innovative new products in the Australian supermarket retail industry. Product of the Year was established 25 years ago in France and currently operates in 28 countries worldwide.
Jamelle Agbuis
Feb 06, 2012
Stocks rose Friday after the U.S. economy added more jobs than expected last month, driving the Nasdaq Composite to an 11-year high and pushing the Dow to its highest close in nearly four years. The earnings parade continues this week, with the latest results due from a handful of companies in the Dow Jones Industrial Average and from media giants and tobacco companies. In addition, seven companies across a range of industries are expected to go public this week, coming off a week that has seen ...
Christine Gaylican
Feb 06, 2012
A French commercial court upheld an unfair competition complaint against search giant Google Inc. and has ordered it to pay a fine and damages to a French mapping company.
ranina sanglap
Feb 03, 2012
Xstrata, one of the biggest mining operators in Australia, is reportedly negotiating with giant commodities trading firm Glencore for a likely blockbuster merger that analysts said could easily reach $US79 billion.
Erik Pineda
Feb 03, 2012
After popular file-sharing website Megaupload was shut down last week by the U.S. Federal Bureau of Investigation, the next site in danger could be the aptly named The Pirate Bay.
ranina sanglap
Feb 03, 2012
Facebook Inc. filed documents for an initial public offering that could help the social network gain one of the biggest U.S. stock-market debuts of all time.
Carlo Fernandez
Feb 03, 2012
After encountering turbulence in 2011 due to a prolonged labor dispute with three labor unions, flag carrier Qantas Airways is set to soar in 2012.
Vittorio Hernandez
Feb 03, 2012
The fruit and vegetable price war between Australian supermarket giants Coles and Woolworths may be a boon to consumers, but a bane to farmers.
Vittorio Hernandez
Feb 03, 2012
Media attention to Australia's richest woman, Gina Rinehart, has shifted back to her family feud from her recent foray into Fairfax Media.
Vittorio Hernandez
Feb 03, 2012
The Australian stock market is off to a slow start on Friday with commodity-related stocks led by Lynas Corp (ASX: LYC), Aquarius Platinum Ltd (ASX: AQP), Atlas Iron Ltd (ASX:AGO) hitting some gains as of 10:00 AM (AEST).
Christine Gaylican
Feb 03, 2012
The battle between retail giants Coles and Woolworths went up a higher level beyond grocery aisles into company books. On Thursday, Coles reported a 6.7 per cent hike in its December quarter sales which hit $9.4 billion.
Vittorio Hernandez
Feb 02, 2012
The bank fee class action lawsuit filed by Australians has expanded with the complainants now questioning $216 million exception fees collected by the lenders.
Vittorio Hernandez
Feb 02, 2012
The new generation of Nokia smartphones have been envisioned to tread more on the path of aesthetics.
Erik Pineda
Feb 02, 2012
The Federal Government is urged by the Actuaries Institute in its pre-budget submission to address two national priorities in the coming Budget: removing barriers to allow ageing Australia to better prepare for retirement with realistic annuity options; and creating a temporary national insurance pool for high flood-risk properties.
Christine Gaylican
Feb 02, 2012
Apple's iPhone could extend its holiday cheer as recent figures show that it was the highest selling smartphone in the market for the last holiday season.
Mary Elaine Ramos
Feb 02, 2012
Consumer electronics company Foxconn wished to double the size of its manpower in its branch in Zhengzhou, China. Is the hiring spree due to the launching of the iPhone 5?
Kristin Dian Mariano
Feb 02, 2012
Electronics retailer Dick Smith could wind up significantly cutting underperforming sites among 66 New Zealand stores in Australia and New Zealand, according to an analyst.
Arlene Paredes
Feb 02, 2012
For some, it’s like winning the lottery. Workers at Melbourne-based Grenda bus company were surprised to receive bonuses reaching up to $30,000 after the company owners sold off its transit operations and allocated $15 million to its loyal staff.
Arlene Paredes
Feb 02, 2012
FROM MORRISON SECURITIES PTY. LTDU.S. stocks rose broadly, moving to within striking distance of a multi-year high, as investors were bolstered by solid manufacturing reports around the world.
Christine Gaylican
Feb 02, 2012
"It's all speculation." Air New Zealand boss Rob Fyfe told of the rumors about his career movement. As he is expected to step down late this year, Fyfe has been reported to have been recruited for a job at Sir Richard Branson's Virgin Group.
Arlene Paredes
Feb 01, 2012
The temporary ban on cattle export to Indonesia failed to dampen the growth of the Australian Agricultural Company (AAco) which even registered a 40 per cent improvement performance that led into a $10.5 million net profit.
Vittorio Hernandez
Feb 01, 2012
Samsung's Galaxy Tab 10.1 and Galaxy Tab 8.9 will not hit the German market after all following an appeal court decision on Tuesday, finding the South Korean tech giant in clear violation of unfair competition laws.
Erik Pineda
Feb 01, 2012
Australian flag carrier Qantas was dealt another blow on Tuesday when rating agency Moody's Investors Service downgraded the air carrier's credit rating to Baa3 from Baa2. Moody's explained the cut in long-term senior unsecured rating of Qantas to expectations of ongoing pressure on the company's credit profile.
Vittorio Hernandez
Feb 01, 2012
The ongoing price war between Australian supermarket giants Coles and Woolworths has led some MPs to seek a major amendment to the country's competition law. The legislators warned that the short-term benefits shoppers get from a 50 per cent price reduction on fruits and vegetables sold by Coles could mean disaster for the agriculture sector.
Vittorio Hernandez
Feb 01, 2012
Australia's interest in Gina Rinehart, the nation's richest woman, continues to be fueled following her soon-to-be-completed acquisition of shares in Fairfax Media. Ms Rinehart, whose personal wealth is valued at $10.3 billion, wants a biiger piece in Australia's most influential media company.
Vittorio Hernandez
Feb 01, 2012
The Kingdom of Thailand has agreed to Twitter's recent move to allow countries to censor tweets. Representatives from the Thai government of Prime Minister Yingluck Shinawatra have said that they will be working with Twitter to implement this new policy.
ranina sanglap
Feb 01, 2012
While the rest of the tech world is buzzing about the rumored Galaxy S III model that is reportedly being revealed at next month's Mobile World Congress, Samsung went ahead and revealed a new model of the Galaxy S called the Galaxy S Advance.
ranina sanglap
Feb 01, 2012
Starbucks Corp., the world's biggest coffee-shop chain, which proved the world that there's nothing as paying too much for a cup of coffee, is planning to experiment with wine and beer, the two elixirs that Americans love.
Jamelle Agbuis
Feb 01, 2012
Australia's stock market had not moved in pace with the rest of the Asia-Pacific markets on Tuesday and is seen to remain flat on Wednesday's trading, but some action will push media-related stocks led by Fairfax Ltd.
Christine Gaylican
Feb 01, 2012