Worldwide PC shipments are now expected to fall by -9.7 percent in 2013, further deepening what is already the longest market contraction on record, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The ...
Tags: PC shipments, Computer Products
Nokia's credit rating has been cut even further by ratings agency Moodys, over concerns about the company's cashflow. The company's credit rating now stands at B1, four levels below "investment grade". Further reading Nokia to launch ...
International ratings agency Moody's has announced that it has downgraded the credit rating of Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, to B2 from B1, reflecting Moody's expectation of ...
Tags: Coal Company, coking coal
Facebook turned on a key security feature by default on Wednesday that scrambles data sent by users to the company's servers, following similar moves in recent years by Web services such as Google and Twitter. Two years ago, the social ...
Tags: Facebook, Secure Browsing
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
Gartner has lowered its expectations for growth this year in global IT spending, saying it will rise 2% to $3.7 trillion. Earlier this year, the analyst firm predicted 2013 growth of 4.1%. The reduction "mainly reflects the impact of ...
Global growth in IT spending is slowing, according to analyst group Gartner, which forecasts that total spending in 2013 will amount to $3.7 trillion, an increase of just two per cent on the $3.6 trillion that it believes was spent ...
Tags: IT, Computer Products, software
It's reported that Standard & Poor's (S&P) has lowered Russian NLMK's long-term corporate credit rating to "BB+" from "BBB-". S&P explained that the downgrade was based on weak global steelmaking and a conservative estimate of the country ...
Tags: Metallurgy, Mineral, Energy, steel
Even if you don't expect every last detail of your kitchen renovation to turn out perfectly, you probably plan on coming close, without any major mistakes. Yet remodeling goofs—like boxing in the fridge or mounting the cabinets out of ...
Analyst concerns that Galaxy S4 smartphone sales are lagging sent Samsung's shares down 6% early Friday. Samsung's Galaxy S4 The decline in Samsung's stock follows analyst worries that a more affordable Galaxy S4 Mini or the rugged ...
THE stockmarket extended weekly losses to 3.8 per cent as materials dragged the benchmark to a fresh low since January, with investors sitting on their hands ahead of crucial US jobs data that could heighten calls for an early tapering of ...
Tags: Service
Sixty per cent of the 500 largest corporations in America are testing or using BlackBerry 10 devices, the Canadian telecommunications firm has said, as phone operators' start stocking its keyboard interfaced Q10 smartphone. "This is a ...
Tags: BB10, Blackberry
Australian stocks are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
THE S&P/ASX200 has turned down 0.1 per cent to 4966.6, paring a 0.4 per cent rise that followed overseas gains on stronger US economic data. The reversal comes as investors react to higher US bond yields, a falling Australian dollar, and ...
The sharemarket pulled back yesterday as profit warnings in the mining services and consumer discretionary sectors continued to drag on sentiment. The benchmark S&P/ASX 200 closed down 0.6 per cent at 5180.1 points after falling to ...
Tags: Stocks, Mining Services Companies, Profit