Business

First Reported 18 hours ago - Updated 41 mins ago - 18 Documents

When Will The Post-PC Era Arrive? It Just Did.

There has been much debate about what the post-PC era is, when it will arrive, or whether it’s already here. But key pieces of new data, emerging last week, are making the case that we crossed the imaginary line from the “PC” era to the “post-PC” era ... [ Published 3 hours ago by TechCrunch ]
First Reported 16 hours ago - Updated 59 mins ago - 24 Documents

European downturn may cut Chinas growth: IMF

BEIJING - A sharp downturn in Europe could cut Chinas economic growth rate nearly in half, the International Monetary Fund, or IMF, said on Monday, adding to warnings about a possible severe global slowdown this year.The IMF said Beijing should be ready ... [ Published 1 hour ago by Khaleej Times ]
First Reported 8 hours ago - Updated 1 hour ago - 29 Documents

Redbox And Verizon Join Forces To Challenge...

Global telecommunications giant Verizon has announced that it will be teaming up with Coinstar Inc. — owner of Redbox, the popular unmanned DVD rental kiosks — to bring customers a new video service that combines digital and physical viewing options much ... [ Published 1 hour ago by Red Orbit ]
First Reported Feb 05 2012 - Updated 1 hour ago - 14 Documents

Bank lending to contract as financial crisis bites

The Ernst & Young ITEM Club Outlook for financial services predicts that the real effect of the ongoing funding crisis in the banking industry will begin to be seen, as overall bank lending contracts for the first time since 2009.SMEs, commercial real ... [ Published 1 hour ago by Investor Today ]
First Reported Feb 05 2012 - Updated 1 hour ago - 21 Documents

Analyst expects gas price increases

Average retail gasoline prices in New Haven have risen 2 cents per gallon in the past week, averaging $3.72 per gallon yesterday. This compares with the national average that has increased 3 cents per gallon in the last week to $3.43, according to gasoline ... [ Published 2 hours ago by Amity Observer ]
First Reported 16 hours ago - Updated 1 hour ago - 29 Documents

Nalco net shrinks 80% in Q3

SourceLower aluminium prices on the London Metal Exchange (LME) together with spurt in raw material and fuel costs led to a sharp fall of 80 per cent in the net profit of National Aluminium Company (Nalco).The company has posted Rs 51.22 crore net profit ... [ Published 1 hour ago by Sify ]
First Reported 23 hours ago - Updated 2 hours ago - 28 Documents

Facebook ads could hit smartphones, tablets as soon as March

Company sees the move as a way to boost its revenue stream before the upcoming IPO, sources say.Get ready for advertising to hit the mobile version of Facebook in early March as the company looks to generate more revenue leading up to its forthcoming ... [ Published 2 hours ago by ITBusiness.ca ]
First Reported 13 hours ago - Updated 2 hours ago - 18 Documents

More Brits predict a house rise than fall in 2012

Nearly a third of people think that house prices in the UK will rise in the next 12 months – more than those who think prices will fall.Research by the Halifax Housing Market Confidence Tracker has found that 29% of Brits think house prices will go up ... [ Published 2 hours ago by Money Expert ]
First Reported 9 hours ago - Updated 2 hours ago - 13 Documents

KEEN INTEREST: NAB declares bank war with low-rates pledge

Source: BloombergNAB pledges lowest standard variable rate of Big Four 90pc of NAB's borrowers are on standard variable rate Banks may only pass on half the expected 0.25pc cut NATIONAL Australia Bank has kicked off a home-loan war by pledging its standard ... [ Published 2 hours ago by NEWS.com.au ]
First Reported 23 hours ago - Updated 2 hours ago - 38 Documents

Glencore, Xstrata try to hammer out premium

Tags: Glencore, XstrataAATop executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion US merger, including the premium on offer by the commodities trading giant to secure approval from the miner's shareholders.Sources ... [ Published 2 hours ago by Business News Network ]
First Reported Feb 05 2012 - Updated 3 hours ago - 33 Documents

Android still 1st choice among virgin smartphone buyers

The iPhone may have passed over Android in the fourth quarter in total U.S. smartphone sales, but Google’s platform still has one key advantage: it’s attracting more mobile data newbies. New research from the NPD Group shows that 57 percent of first-time ... [ Published 4 hours ago by TheAppleBlog ]
First Reported Feb 05 2012 - Updated 7 hours ago - 33 Documents

Greek Public and Private sector plan strikes

The Greek political leaders are under significant pressure to reach an agreement on needed cutbacks on Monday to comply with demands from the European Union and International Monetary Fund to secure a second bailout worth €130 billion ($171 billion). ... [ Published 7 hours ago by OANDA Forex Blog ]

Quotes

Blake said: "The contraction in consumer credit is driven by lack of demand to an extent, but we just need to look at the phenomenal rise in payday loans to see that the focus on decreasing demand masks a shift towards alternative providers. Households that fall outside of the credit terms of traditional lenders are increasingly looking toward other credit providers, regardless of the cost. With banks expected to further tighten lending conditions, we expect the shift towards alternative lenders to continue unabated."
"Political leaders should give a response in principle tomorrow afternoon [to the European Union]" Panos Beglitis said

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Facebook aims for Mobile Ads to target IPO inte... [ Published 1 hour ago by SlashGear ]
Reports show that both analysts and those claiming to be in inner Facebook circles are stating mobile advertisements are on the way. This move would pinpoint a time between when the group has announced its Initial Public Offering and the moment it goes ...
Guest Post: Illusion Of Recovery - Feelings Ver... [ Published 2 hours ago by Zero Hedge ]
Submitted by Jim Quinn of The Burning PlatformIllusion Of Recovery - Feelings Versus Facts“There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the ...
Russian carrier gives $5,000 vacation to its mo... [ Published 2 hours ago by Engadget ]
Use more data, win more prizes. It may sound counterintuitive , but that's exactly what Russian operator MegaFon is offering to its subscribers, as part of a curious 3G promotion. It all began back in November, when the provider announced a rather straightforward ...
IDC says Apple finished 2011 on top of the Smar... [ Published 2 hours ago by 9 to 5 Mac ]
Analytics firm IDC has just released a report covering the top five smartphone vendors by shipments and market share for Q4 2011. Apple is not so surprisingly takes the top position. According to IDC’s Worldwide Mobile Phone Tracker, smartphone ...
Role reversal: Apple accused of iPad patent inf... [ Published 2 hours ago by Venturebeat ]
Apple is being accused of patent infringement in China.Yep, you read that correctly. China Daily reports that Proview Shenzhen Technology, a Chinese company based in the city Shenzhen, has pointed the finger at Apple over the iPad.“We ask the court to ...
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Big Spending Republicans Set Sights on Super Tu... [ Published 3 hours ago by TheStreet.com - YouTube ]
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