Global Markets
Premarket Movers (Acadia Pharmaceuticals, Citigroup, Fossil, Dendreon Corporation, Zynga, Titan Machinery, Staples, Vodafone Group and Corning Incorporated)
The companies whose shares are moving in premarket trade Wednesday are: Acadia Pharmaceuticals Inc., Citigroup Inc., Fossil Inc., Dendreon Corp., Zynga Inc., Titan Machinery Inc., Staples Inc., Vodafone Group PLC and Corning Inc.
Wednesday, May 16, 2012 by Bhaskar Prasad
LNG-Hungry Japan to Purchase 10% Stake in Australia's Wheatstone Gas Project for $4.4 B
The Japanese government together with a consortium of Japanese companies are poised to buy a 10 per cent stake in Chevron Corp.'s Wheatstone liquefied natural gas (LNG) project in Australia for $4.35 billion.
Wednesday, May 16, 2012 by Esther Tanquintic-Misa
Australian Stock Market Report – Afternoon 5/16/2012
The Australian sharemarket lost ground for the second consecutive day, with the All Ordinaries Index (XAO) falling by 2.4 pct or 101.6 pts to 4214.7. Shares have fallen by around 5 pct so far this month and have significantly reduced the gains for the calendar year to just 2.5 pct.
Wednesday, May 16, 2012 by Steven Daghlian, CommSec Market Analyst
Asian Markets Plunge As Coalition Talks Fail in Greece
Asian markets fell Wednesday as political parties in Greece failed to form a coalition government increasing concerns of the country exiting the euro zone.
Wednesday, May 16, 2012 by Bhaskar Prasad
Azerbaijan Approves Anglo Asian Mining Gold Devt Plans at Gosha Mine
Gold and copper mining company Anglo Asian Mining PLC's production and development plans for the Gosha gold deposit has been approved by the Azerbaijan government.
Wednesday, May 16, 2012 by Esther Tanquintic-Misa
IMF Conducts Stress Test on Big 4
Officials of the International Monetary Fund (IMF) are in Sydney to conduct stress test on ANZ, Commonwealth Bank, National Australia Bank and Westpac.
Wednesday, May 16, 2012 by Vittorio Hernandez
Australian Stock Market Report – Midday 5/16/2012
The Australian share market lost ground yesterday as the ongoing European concerns held markets and commodities back, with the All Ordinaries Index (XAO) ending off 36 points to 4,316 points.
Wednesday, May 16, 2012 by Juliana Roadley, CommSec Market Analyst
US
LNG-Hungry Japan to Purchase 10% Stake in Australia's Wheatstone Gas Project for $4.4 B
The Japanese government together with a consortium of Japanese companies are poised to buy a 10 per cent stake in Chevron Corp.'s Wheatstone liquefied natural gas (LNG) project in Australia for $4.35 billion.
Wednesday, May 16, 2012 by Esther Tanquintic-Misa
Australian Stock Market Report – Afternoon 5/16/2012
The Australian sharemarket lost ground for the second consecutive day, with the All Ordinaries Index (XAO) falling by 2.4 pct or 101.6 pts to 4214.7. Shares have fallen by around 5 pct so far this month and have significantly reduced the gains for the calendar year to just 2.5 pct.
Wednesday, May 16, 2012 by Steven Daghlian, CommSec Market Analyst
South Korea Unemployment Rate Declines In April To 3.5%
South Korea's unemployment rate fell in April with the availability of more jobs in the service sector according to figures reported by Statistics Korea Wednesday.
Wednesday, May 16, 2012 by Bhaskar Prasad
Apple iPhone Still the Preferred Smartphone in Australia
Australia belongs to the Apple universe, according to Google, which means more iPhones have been activated in the country than Android-powered smartphones as of the first three months of 2012.
Wednesday, May 16, 2012 by Erik Pineda
Australian Stock Market Report – Midday 5/16/2012
The Australian share market lost ground yesterday as the ongoing European concerns held markets and commodities back, with the All Ordinaries Index (XAO) ending off 36 points to 4,316 points.
Wednesday, May 16, 2012 by Juliana Roadley, CommSec Market Analyst
Australian Dollar Outlook - 05/16/2012
Bell FX Currency Outlook: The Australian Dollar has opened slightly lower again this morning after talks between Greece's political parties failed, which led to safe haven interest in the US Dollar and adding to the recent weakness in our own currency.
Wednesday, May 16, 2012 by Christine Gaylican
Australian Stock Market Report - Morning - 05/16/2012
MORNING REPORT. The Empire manufacturing survey rebounded jumping from 6.56 to 17.09 in May. Across the sub-indices both new orders and shipments recorded healthy (7am AEST) US advance retail sales edged rose by 0.1pct in April after the brisk 0.8pct rise in Marchgains.
Wednesday, May 16, 2012 by Craig James, COMSEC Chief Economist
World
Occupy Abai Camp in Moscow Evicted by Police [VIDEO]
Russian police evict anti-Putin Occupy Abai protest in Moscow.
Wednesday, May 16, 2012 by Gianluca Mezzofiore
Syria: UN Team Finds Refuge with Rebels and Patients are ‘Being Used as Weapons’
Violence continues in Syria, prompting a UN monitoring group to find shelter with a group of rebels while attacks on civilians and doctors are on-going.
Wednesday, May 16, 2012 by Anissa Haddadi
"I Want Them In": Merkel Calls For Greece to Stay in Euro
The move comes after a final bid to form a government failed on Tuesday, raising the possibility of a Greek exit from the euro.
Wednesday, May 16, 2012 by Oliver Tree
Illegal Mining Case: Yeddyurappa Files Advance Bail Pleas Amid CBI Raids
BJP leader and former chief minister of Karnataka, Yeddyurappa, seeks bail for himself, his two sons, and son-in-law.
Wednesday, May 16, 2012 by sangeetha seshagiri
Claim Jewish Hollywood Moguls Seduced John Travolta a Lie, admits Masseur
One of two masseurs claiming that John Travolta sexually abused them has withdrawn his accusations against the actor.
Wednesday, May 16, 2012 by Jamie Lewis
LNG-Hungry Japan to Purchase 10% Stake in Australia's Wheatstone Gas Project for $4.4 B
The Japanese government together with a consortium of Japanese companies are poised to buy a 10 per cent stake in Chevron Corp.'s Wheatstone liquefied natural gas (LNG) project in Australia for $4.35 billion.
Wednesday, May 16, 2012 by Esther Tanquintic-Misa
Australian Stock Market Report – Afternoon 5/16/2012
The Australian sharemarket lost ground for the second consecutive day, with the All Ordinaries Index (XAO) falling by 2.4 pct or 101.6 pts to 4214.7. Shares have fallen by around 5 pct so far this month and have significantly reduced the gains for the calendar year to just 2.5 pct.
Wednesday, May 16, 2012 by Steven Daghlian, CommSec Market Analyst
Economy
Stock index Futures Point To More Losses
Stock index futures pointed to a lower opening on Wall Street on Wednesday, with futures for the S&P 500 and Dow Jones down around 0.1 percent, while the Nasdaq 100 fell 0.4 percent at 4:10 a.m. EDT.
Wednesday, May 16, 2012
LNG-Hungry Japan to Purchase 10% Stake in Australia's Wheatstone Gas Project for $4.4 B
The Japanese government together with a consortium of Japanese companies are poised to buy a 10 per cent stake in Chevron Corp.'s Wheatstone liquefied natural gas (LNG) project in Australia for $4.35 billion.
Wednesday, May 16, 2012 by Esther Tanquintic-Misa
Australian Stock Market Report – Afternoon 5/16/2012
The Australian sharemarket lost ground for the second consecutive day, with the All Ordinaries Index (XAO) falling by 2.4 pct or 101.6 pts to 4214.7. Shares have fallen by around 5 pct so far this month and have significantly reduced the gains for the calendar year to just 2.5 pct.
Wednesday, May 16, 2012 by Steven Daghlian, CommSec Market Analyst
Bank of England Slashes UK Growth Forecast for 2012
Bank of England economists have cut their growth forecast for the UK economy in 2012 by a third, as the eurozone crisis weighs on the economy.
Wednesday, May 16, 2012 by Shane Croucher
John Lewis Increases Sales Despite Economy Limping
The UK's biggest department store group shows increased sales but other retailers are not so upbeat.
Wednesday, May 16, 2012 by IBTimes Staff Reporter
Sensex Plummets Over 300 Points; Rupee Hits All-Time Low
The BSE Sensex plummeted more than 300 points, falling below the psychological 16,000 edge on Wednesday, for the first time in four months as global markets receded and the rupee breached 54.30 to the dollar to hit new life low.
Wednesday, May 16, 2012
Over and Out for Japan's Nuclear Industry?
The Tokyo Electric Power Company (TEPCO), the owners of the Fukushima Daiichi Nuclear Power Plant devastated by the March 2011 Tohoku Earthquake and Tsunami, reported a net-loss of $9.7 billion for the full year ending 31 March 2012.
Wednesday, May 16, 2012 by Graeme Mackay
Companies
Australian Stock Market Report – Afternoon 5/16/2012
The Australian sharemarket lost ground for the second consecutive day, with the All Ordinaries Index (XAO) falling by 2.4 pct or 101.6 pts to 4214.7. Shares have fallen by around 5 pct so far this month and have significantly reduced the gains for the calendar year to just 2.5 pct.
Wednesday, May 16, 2012 by Steven Daghlian, CommSec Market Analyst
John Lewis Increases Sales Despite Economy Limping
The UK's biggest department store group shows increased sales but other retailers are not so upbeat.
Wednesday, May 16, 2012 by IBTimes Staff Reporter
HTC One X And Evo 4G LTE Indefinitely Delayed At US Customs For Inquiry On Apple Patent Infringement [REPORT]
The consumers in the United States, anticipating the release of the HTC One X and Evo 4G LTE smartphones, will have to spend some more time waiting for the devices as they have reportedly been delayed at the U.S. customs due to an import ban order by the International Trade Commission (ITC) over potentially infringing an Apple patent.
Wednesday, May 16, 2012 by Kukil Bora
iPhone 5 “No Show” at WWDC?
Tech giant Apple, Inc. (NYSE:AAPL) will be introducing its new operating systems and MacBook Pros at this year’s WorldWide Developer’s Conference but iPhone 5 will not be included in the surprises.
Wednesday, May 16, 2012 by Kristin Dian Mariano
JPMorgan Faces FBI Investigation over 'London Whale's' Trading Loss
FBI and the US Justice Department are launching a criminal inquiry into trading practices of JPMorgan following its revelation of $2bn (£1.2bn) loss.
Wednesday, May 16, 2012 by Geetha Pillai
Air India Pilots' Strike: 9 More Flights Cancelled On Day 9
At least nine Air India flights were cancelled on Wednesday following a stand-off between the management and the pilots that continued for the ninth day without any signs of an impasse
Wednesday, May 16, 2012
Apple iPhone Still the Preferred Smartphone in Australia
Australia belongs to the Apple universe, according to Google, which means more iPhones have been activated in the country than Android-powered smartphones as of the first three months of 2012.
Wednesday, May 16, 2012 by Erik Pineda
Tech
iOS 5.1.1 Untethered Jailbreak Release: Coming to iPhone, iPad, iPod Touch in Two Weeks
Pod2g updates his blog citing the release date or ETA for iOS 5.1.1 untethered jailbreak expected in a couple of weeks
Wednesday, May 16, 2012 by IBTimes Staff Reporter
Max Payne 3: Tears Soundtrack Single by Health now Available On iTunes [VIDEO]
Max Payne 3 single Tears by composers Health is available now to buy as a download on iTunes.
Wednesday, May 16, 2012 by Matthew Chapman
Siri Names Nokia Lumia 900 Best Smartphone, Apple Overrules it
Apple’s iPhone 4S voice assistant Siri claimed the Nokia Lumia 900 is the best smartphone, but has since changed its mind.
Wednesday, May 16, 2012 by Matthew Chapman
Apple Patent Dispute Halts HTC One X and Evo 4G at US Customs Indefinitely
The HTC One X and Evo 4G LTE held at US customs indefinitely due to Apple's claim of patent infringement.
Wednesday, May 16, 2012 by Alistair Charlton
!['Max Payne 3' Features Roundup: Gameplay, Release Dates, Plot and Storyline [TRAILERS]](http://img.ibtimes.com/www/data/images/small/2012/04/30/268837-max-payne-3-full-of-guns-addiction-and-drugs-but-is-really-a-game-abou.jpg)
Max Payne 3: Features Round-up, Gameplay, Release Dates, Plot and Storyline [SPOILERS & VIDEOS]
We round-up all the details surrounding Max Payne 3, which launches this week including gameplay, plot, release dates and videos.
Wednesday, May 16, 2012 by Vinod Yalburgi
Child Protection Filtering is Mobile Internet Censorship - Report
An Open Rights Group report suggests that child protection filtering is leading to mobile internet censorship.
Wednesday, May 16, 2012 by Matthew Chapman
Indonesia finds black box from crashed Russian Sukhoi
Indonesia's national search and rescue agency has found a black box flight recorder from a Russian Sukhoi Superjet 100 that crashed during a demonstration flight killing all 45 people on board, an agency official said on Wednesday.
Wednesday, May 16, 2012
Forex
Australian dollar / US Dollar - 16/05/2012 10:57 GMT
Wednesday, May 16, 2012
Euro / Australian dollar - 16/05/2012 10:51 GMT
Wednesday, May 16, 2012
Euro / Canadian Dollar - 16/05/2012 10:47 GMT
Wednesday, May 16, 2012
Euro / British Pound - 16/05/2012 10:56 GMT
Wednesday, May 16, 2012
Euro / Yen - 16/05/2012 10:55 GMT
Wednesday, May 16, 2012
British Pound / Yen - 16/05/2012 10:53 GMT
Wednesday, May 16, 2012
British Pound / US Dollar - 16/05/2012 11:02 GMT
Wednesday, May 16, 2012
Education
Student loan default rate rising
The Department of Education (DoE) said that default on student loans climbed to 7.0 percent in fiscal 2008, up from 6.7 percent in the prior fiscal year - yet another manifestation of the sluggish economy and bleak jobs market. .
Saturday, September 18, 2010 by Palash R. Ghosh
China sends more students to US B schools than India this year
Big brother China has beaten India for the first time in the number of students to US management schools.
Friday, September 17, 2010
US universities attract fewer students
The share of foreign students coming to the United States has been going down every year since 2000, shows a study released by an international body comprising the developed nations of the world.
Friday, September 17, 2010
Recession makes more people take up higher studies
If there is one single benefit to the US due to the recession, it is that more people are studying in colleges than ever.
Thursday, September 16, 2010
Bonus Points: Setting Targets for CFO Compensation in Times of Crisis
The recession has caused all sorts of difficulties for CFOs: falling earnings, tumbling stock prices and, occasionally, knotty negotiations with lenders.
Tuesday, September 14, 2010
The Whole Truth and Nothing but the Truth: Managing Information Asymmetry in IS Consulting
A cynic might say that information systems consultants shortchange their clients. They can, for example, promise more than they deliver.
Wednesday, September 08, 2010
Boston: beyond the familiar MBA recruitment faces
Despite experiencing a good number of mergers and acquisitions over the past five years, notably Procter and Gamble's acquisition of Boston mainstay Gillette, Boston is still home to some of the most recognized MBA recruitment brands.
Tuesday, September 07, 2010 by Dan Beaudry And Susan Peppercorn
Auto
Fisker to Debut Karma Hybrid at 2010 Paris Motor Show
Irvine, California-based Fisker Automotive will debut the first factory-built Karma at the upcoming 2010 Paris Motor Show this October.
Saturday, October 02, 2010
BMW recalls 350,000 cars, including Rolls-Royces
BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.
Friday, October 01, 2010
GM posts gain amid still-slow auto market
General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.
Friday, October 01, 2010
Electric cars arrive while posing test for grids
Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.
Friday, October 01, 2010
Luxury carmakers return to records of old
Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.
Friday, October 01, 2010
Fiat to launch new models end-2011
Italian automaker Fiat has decided to launch new products only at the end of 2011 or early 2012 due to the weakness of the market
Friday, October 01, 2010
Autos would get up to 62 mpg under proposal
Automakers would have to achieve sharply higher fuel economy -- between 47 and 62 miles per gallon -- by 2025 under a preliminary plan released by the Obama administration
Friday, October 01, 2010
Jobs
Monster US online jobs index rises to 138 in September
A monthly gauge of online labor demand in the United States edged up in September from a month ago and was 16 percent above the reading from a year ago.
Friday, October 08, 2010
Private sector job cuts raise Fed easing chance
U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.
Wednesday, October 06, 2010
Private sector sheds 39,000 jobs in Sept
Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.
Wednesday, October 06, 2010
Prices gain on unexpected private jobs decline
U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.
Wednesday, October 06, 2010
Meet Claudia! Objective: Make a successful career change from teaching into counseling.
The best part of my job is reuniting candidates with their self-confidence. In today's job market I know it is so difficult to remain positive and to not take rejection personally.
Tuesday, October 05, 2010 by Samantha Nolan
#1 Problem with All Resumes, Job Searches, and Interviews
Imagine sitting in a lobby waiting for an interview. You look around and all those waiting are as professional and qualified as you...
Tuesday, October 05, 2010 by Rosa E. Vargas
The New Grad Quagmire
It's an interesting dilemma for new grads these days. Assuming you're lucky enough to score a job, you'll find yourself thrown into a workforce for which you've (probably) received little or no formal training. Sadder still, you probably won't receive much on-the-job training either.
Tuesday, October 05, 2010 by Emily Bennington
Health
Morning sickness may signal healthier pregnancy
New research confirms that women plagued by morning sickness in early pregnancy are less likely to miscarry.
Thursday, October 07, 2010
Nobel-winning work is matchmaker for molecules
The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.
Thursday, October 07, 2010
FDA to push for more investment in science
Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.
Thursday, October 07, 2010
How Republicans could block healthcare reform
Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.
Thursday, October 07, 2010
Poor healthcare may shorten American lives: study
Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.
Thursday, October 07, 2010
Ultra-Running and Race Day Nutrition
Ultra-running (as defined by any running race longer than the marathon of 26.2 miles) requires a whole different nutritional viewpoint when compared to the gels and quick shots of Gatorade normally
Wednesday, October 06, 2010
International Walk to School Day is October 6
The Partnership for a Walkable America sponsored the first National Walk Our Children to School Day in Chicago in 1997. It was a simple day, designed to highlight the need to create communities that are walkable. The day was created, in part, on a similar concept celebrated in the United Kingdom.
Wednesday, October 06, 2010
Travel
Queenstown’s romantic-adventure band-wagon
I battle desperately not to climb aboard Queenstown's romantic-adventure band-wagon; but I fail miserably.
Monday, September 27, 2010 by Kip Brook
Historic Pera Palace Hotel in Turkey opens for business
After two and a half years of renovation costing $ 29 million, the five star luxury hotel Pera Palace in Istanbul Turkey opened its doors to guests.
Friday, September 24, 2010
Camper & Nicholsons (CNI) offers yacht-charter to cruise the Indian Ocean
Even as your contemporaries sail to the Caribbean to celebrate to Christmas, you take a different course.
Thursday, September 23, 2010
Mahe
The largest of the Seychelles archipelago, Mahe is an African island rich with hidden treasures.
Thursday, September 23, 2010
Fly to space with Boeing in 2015
You just have wait till 2015 for a trip into the space, as US aerospace giant Boeing and Space Adventure have tied up to put tourists into low-level orbit in a futuristic capsule.
Wednesday, September 22, 2010
Hotels come under Britain’s Fair Trading scanner
Speaking to the BBC, Dorian Harris, Managing Director of Skoosh.com said hotels would email, call and threaten legal action over his website openly offering hotel discounts.
Tuesday, September 21, 2010
Boeing ventures into space tourism with partner
Aerospace major Boeing announced its entry into the space tourism market in partnership with its Space Adventures, and the partnership hopes to sell seats on rocket trips to the International Space Station very soon.
Tuesday, September 21, 2010
Life Style
Ugg Australia: Comfortable Fall Fashion Trends
Uggs Australia get a lot of grief in the fashion world, but they're undeniably comfortable and now they're more fashionable as well.
Thursday, September 30, 2010 by Carly Zinderman
Keira Knightley Stars in New Chanel Campaign
Stunning actress Keira Knightley turned heads in Paris the other day while filming a sexy new ad campaign for Chanel.
Tuesday, September 28, 2010
A romantic evening for Katie Holmes in Jason Wu
Katie Holmes and Tom Cruise got cozy at the premiere for 'The Romantics' in New York City and we were on hand to report on Katie's latest style antics.
Tuesday, September 28, 2010
Kalamazoo's Outdoor Kitchen is Cutting-Edge Cookery
Those wanting to up the ante on their backyard "stay-cation" and holiday hospitality should consider Kalamazoo Outdoor Gourmet's extravagant outdoor kitchen, which is more like an outdoor cooking "resort." .
Tuesday, September 28, 2010 by Merilee Kern
Emerald Jet Charter Expands with Helicopter Travel
Emerald Jet Charter announced that it now is offering helicopter travel along with chartering private business jets.
Tuesday, September 28, 2010 by James Rothaar
Watch that brings back old world charm
If you are tired of the modern looking watches then check out the latest traditional looking wristwatch from Carl F Bucherer - the new Manero ChronoPerpetual.
Friday, September 24, 2010
Ralph Lauren opens exclusive men’s store on Madison Avenue
To commemorate the opening of his original store in New York, Ralph Lauren is redefining his vision of men's high fashion by launching an exclusive men's store in the same space.
Friday, September 24, 2010
