Today, 12 September 2017, the Federal Government announced the proposed introduction of a range of new policies to combat the incidence of illegal phoenix activity in the business community. Details, as provided in the Government’s media release: The Turnbull Government is taking action to crack down on illegal phoenixing activity that costs the economy up […]
This article was sourced from Bloomberg Markets. Get caught up on what’s moving markets in Asia. UN sanctions on North Korea may delay U.S.-China trade spat, oil majors meet in Abu Dhabi, and the dollar finally delivers. Here are some of the things people in markets are talking about. Trade-Offs The United Nations Security Council has imposed […]
This article was sourced from Business Insider. Article by Rob Price. LONDON — Companies that expose their customers information in data breaches could face far harsher penalties — including fines of up to 4% of their global annual turnover. On Monday, the British government announced plans to strengthen UK data protection law with the a […]
This article was sourced from Bloomberg Markets. Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics. We use money everyday, but it’s rare to actually think about what money is or what it represents. In fact many of the people who are the closest to it […]
This article was sourced from Reuters. Additional reporting by Divya Chowdhury in MUMBAI; Editing by Martin Howell SINGAPORE — Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are […]
This article was sourced from Reuters. Reporting by Esha Vaish in Bengaluru; Editing by Mark Potter. The directors of small British construction businesses are lending them more money to plug a funding gap as banks set tighter lending criteria and major contractors delay payments, a survey showed on Monday. Directors lent the companies 38 million pounds […]
This article was sourced from Bloomberg. Article by Arif Sharif and Ahmed A Namatalla. The standoff between Dana Gas PJSC and its bondholders took a fresh twist after the Middle Eastern energy explorer that’s trying to void $700 million of its own debt was said to believe investors may even have to pay the company. The Sharjah-based gas producer […]
This article was sourced from Reuters. SHANGHAI, Aug 3 (Reuters) – Chinese courts handled more than 4,700 bankruptcy cases in the first seven months of 2017, up “steadily” on the same period of 2016 as Beijing stepped up its campaign against ‘zombie firms’, a senior official with the judiciary said on Thursday. “The difficulties of […]
This article was sourced from Bloomberg. Article by Joshua Brustein. GrubHub Inc. is gobbling up its smaller competitors, but trading them in for much, much larger ones. On Thursday, the company said it would buy Eat24 from Yelp Inc. for $288 million in cash, well over twice the $134 million Yelp paid for the smaller food delivery […]
This article was sourced from Market Watch. Article by Claudia Assis. Stock has largest percent fall in a year, marring outperformance Getty Images Shares of SunPower Corp. on Wednesday fell the most in nearly a year after expectations of lower sales in the current quarter marred the solar-power company’s narrower-than-expected quarterly loss. SunPower SPWR, -19.32% stock fell more than […]
This article was sourced from Daily Political. Article by Latisha Jones. Media coverage about H&R Block (NYSE:HRB) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of […]
This article was sourced from Business Insider. Article by Caroline Cakebread. Apple is synonymous with sleek hardware, from laptops to phones. As this chart from Statista shows however, Apple’s non-hardware offerings are now an incredibly important piece of the business. Revenues from Apple’s service business have been steadily rising over the past five years, and with $US7.3 […]
This article was sourced from Business Insider. Article by Lucy Yang. When it comes to finding the cheapest flights possible, you’ve probably used sites like Expedia or Airfarewatchdog. Beyond the tried-and-true classics, however, there are now countless services that can help you save more money on your flights. While it’s always a good idea to browse multiple sites at once, some […]
This article was sourced from Tech Crunch. Article by Alex Wilhelm. We’re taking a look at the IPOs of tech’s biggest players, the firms that we call the Big 5. We started with Amazon. Next up on our list is Google, the search and advertising giant. Google, now part of Alphabet, a holding company it created, went public in 2004. […]
This article was sourced from Tech Crunch. Article by Josh Constine. Spotify’s singular focus on music sees it adding subscribers faster than the iPhone company with a streaming app on the side. Spotify has added 20 million paid subscribers in less than a year, while it’s taken Apple Music more than a year and a half to […]
This article was sourced from Bloomberg. Article by Sarah Jones. Banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit, according to Oliver Wyman Inc. The extra money is equivalent to 15 percent to 30 percent of the capital that wholesale […]
This article was sourced from Business Insider. Article by Alexei Oreskovic. Facebook’s virtual assistant, which goes by the name of M, hasn’t quite delivered on the promise of a life-changing artificial intelligence product. But Facebook isn’t giving up. On Monday, the company announced its acquisition of a small, AI startup that will be […]
This article was sourced from NCI. About NCI As Australia’s leading trade credit insurance broker, NCI is uniquely placed to report on the ‘ups and downs’ of the country’s inter-business trading climate. With frequent media reports on the fluctuations of business trade credit factors, NCI’s quarterly credit risk index is ideally placed to demonstrate the […]
This article was sourced from Tech Crunch. Article by Frederic Lardinois. In 10 years, when autonomous driving is mainstream, we’ll have a fundamentally different relationship with our cars and driving in general. Every major car company is fully aware of this, but not all are reacting to this change with the same degree of urgency. Earlier […]
We are witnessing significant changes to our nation’s retail landscape with the collapse of many established retailers and intensifying international competition. How can Australian retailers survive in this environment? Our changing landscape Over the past 12 months, some big retailers have collapsed in Australia, including Dick Smith, Topshop Australia, Pumpkin Patch, Masters, Laura Ashley Australia, Payless […]