Insurance Profits Rise As Claims Also Rise
For years, insurance investors have experienced little gains with their ventures. But it seems that things are looking up this year, as..
Business
Transpacific Makes Job Cuts To Work Out Debt Struggles
Transpacific Industries is undergoing cost-cutting measures by selling assets and enforcing job cuts to reduce cost of borrowings. The..
Apps to Play Critical Role in Retail
As more shopping apps are launched this year, expect that this trend would change how businesses do retail. Future Laboratory founder Chris..
Asian Market Good for ANZ
Mike Smith, the chief executive of ANZ, said that the Asian operation of the bank is doing well. The bank is expected to post a profit of..
Administrators Consider Closing Mothercare
BRI Ferrier is seriously considering closing down Mothercare Australia, following reports that the company has laid off several of its head..
Mercer Says Super Tax Breaks Not Generous
Mercer said the super tax breaks given to Australians are not that generous. The financial consultancy company compared Australia with..
Vodafone Revenue Falls
The Australian subsidiary of Vodafone Group has fallen some 16 percent in the last quarter of 2012. But that’s not the only bad news. The..
Nokia Boss Sees Silver Lining
Stephen Elop, the chief executive officer of Nokia, admits that the mobile phone manufacturer continues to be in trouble. But Elop is..
Tiger Battles with ACCC
Tiger Airways is in a battle with the Australian Competition and Consumer Commission after the ACCC said it can either approve or..
Dell Investor to Fight Buyout
Southeastern Asset Management, the largest independent investor of Dell, said it would fight the buyout of the company. If Southeastern..
