From Companies May 08
Microsoft has sold over 100 million copies of Windows 8 since it started to ship the new operating system six months ago on Oct 26, 2012. The information, reverses previous observation that the new OS was not moving in store shelves as fast as the manufacturer and industry expected it despite the operating system being designed primarily for touch command.
From Tech May 07
Despite the favourable reviews of new smartphones such as the HTC One, Sony Xperia and Nokia Lumia 920 as well as tablets such as the Surface Pro, the smartphone and tablet market remains largely a battleground between Samsung and Apple.
From Global Markets May 07
They are not called Virgin employees for nothing. Female attendants of Virgin Train are protesting the new uniform of the transport form because the blouses are too short and so flimsy.
From Companies May 07
In a big turnaround from their previous decision, four of the biggest Australian banks said on Tuesday that they will pass in full the 25 basis points overnight cash rate made by the Reserve Bank of Australia (RBA) on the same day.
From Companies May 07
Because of its low prices that attracted American consumers who were still reeling from the prolonged recession, Wal-Mart Stores regained the number 1 ranking in the Fortune 500 list for 2012.
From Global Markets May 07
The Reserve Bank of Australia's (RBA) somewhat surprise decision to cut rates for the first time this calendar year helped reduce market weakness. The All Ordinaries Index (XAO) slipped by just 0.2 per cent or 11 pts to 5,122.7. At around 2.45pm (AEST), the ASX200 index was up by 0.2 per cent while the Australian dollar hit a low of US101.
From Economy May 07
Societe Generale profit halves, while Credit Agricole reports 51% profit decline.
From Economy May 07
You need to get out of the house to do important errands, but you're highly worrisome that some burglar will barge into your home right at the moment you are not there to defend it. Fret not with Presence, an app specifically created to monitor the domestic ongoing activity right in your home.
From Politics & Policy May 07
The decision of Australia's central bank to cut interest rates to 53-year low has been well received by business groups still reeling from aneamic economic fundamentals led by exports and low consumer demand.
From Politics & Policy May 07
US closed mixed, with Bank of America advancing strongly on news of a key mortgage securities settlement. The broad-based S&P 500 edged to a new all-time closing high, rising 3.08 (0.19 per cent) to 1,617.50. The Dow Jones Industrial Average slipped 5.07 (0.03 per cent) to 14,968.89 and the tech-rich Nasdaq Composite Index rose 14.34 (0.42 per cent) to 3,392.97.
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