Westfield Lays Off 400 Employees
Westfield Group will let go of 10 percent of its workforce or about 400 employees. According to anonymous sources, one of the first to be..
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Apple is Most Valuable of All
Tech giant Apple has become the most valuable publicly listed company of all time. Its market value has peaked at US$620 billion. Its..
Tablets, Not Smartphones, Drive Digital
Despite predictions that more people will use smartphones, a survey revealed that it is the tablet that drives people to go digital. The..
Hollister Sets Shop in Australia
Hollister is set to expand its operations in Australia, with the opening of its first store in the country next year. The brand is part of..
Slow Start in Sharemarket
With the waning of the hope that solutions will be introduced to help solve the euro zone debt crisis by Europe’s policymakers, investors..
Bell Ruling Asks Banks to Pay
The court has ordered 20 banks to pay about $3 billion to Bell Group’s liquidators. The ruling upholds a previous decision that..
Executives Getting Less
Amid the global economic challenges and increasing industry competition, more and more executives are foregoing getting their bonuses or..
Tenants Prefer Off-CBD Spaces
A survey conducted by Colliers International revealed that although Sydney remains a favourable choice for tenants, they prefer spaces that..
ANZ Extends Salary Cap
ANZ has announced that the company will continue to implement a cap on executives’ salaries to manage its financial resources and adapt..
Facebook Shares Suffers Another Dip in Stocks
Social networking giant Facebook has hit another low when its stock dropped below US$20. Industry observers said that dip may be because of..
