Microsoft's former head of Windows 8 development has agreed not to badmouth Microsoft or work for some of its competitors and in return will receive a pay-out for unvested stock in the company, according to a regulatory filing Wednesday. ...
Tags: Computer Products, Windows 8, Microsoft
BEARISH bets for the dollar are turning savage, with Credit Suisse slashing its forecast to US75c after conceding the currency is "normalising" quicker than it expected. In one of the biggest dollar calls in the market by a major bank, ...
Tags: Credit Suisse, dollar, bank
BEARISH bets for the Australian dollar are turning savage, with Credit Suisse slashing its 12-month forecast to US75 cents after conceding the currency is "normalising" quicker than it expected. In what may be the biggest dollar call by a ...
Tags: Australian dollar, economy, bank
THE Australian dollar has regained some ground after dropping below 91 US cents for the first time in almost three years. At 6.30am AEST, the local unit was trading at 90.75 US cents, up from 90.62 cents at yesterday’s local close. ...
Tags: Dollar, Australian dollar, economy
THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...
THE dollar received a fillip yesterday after a top Reserve Bank official said financial markets had misinterpreted comments by governor Glenn Stevens that seemed to indicate another rate cut was imminent. Philip Lowe, deputy governor of ...
Tags: economy, market, financial market
Trek Bicycle will match July donations to World Bicycle Relief dollar for dollar, the company announced Tuesday. The company hopes its donations this month will lead to the donation of 1,300 bikes to rural African communities. Since its ...
Tags: Transportation, bike, Bicycles
Toyota Australia has reported an after-tax profit of $149.1 million for the 2012-2013 financial year ending March 31. The positive fiscal result represents a $181.7 million turnaround from the natural disaster-affected 2011-2012 financial ...
Tags: Toyota, Transportation, car
New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association. The growth in volume was on par with the ...
Tags: economy
NYMEX August crude settled $1.43 higher at $97.99/barrel Monday on Middle East tensions and as better-than-expected manufacturing data from Europe helped boost US equities. NYMEX's rise outpaced ICE August Brent's 84-cent gain to $103/b, ...
Tags: US Dollar Index
2004 marked the 125th anniversary of Thomas Alva Edison's invention of the light bulb, in honor of this historic event the United States Mint produced a collection of silver commemorative coins. These 10% copper and?90% silver dollars ...
Tags: Light Bulb, Lights, Lighting
The Australian dollar has opened firmer despite some positive US manufacturing activity data. At 6.30am AEST the local unit was trading at 92.36 US cents, up from 91.99 cents at yesterday’s local close. The currency regained ...
The proposal to impose new cess on cotton exporters by the Union Government to create fund for stabilizing the drastic price fluctuation of cotton in the country could lead to dip in exports. According to the representatives of the cotton ...
Tags: Cotton Exports, New Cess
Beck's Beer, the most popular German beer brand in the world and longtime friend of the arts, has unveiled the six original pieces of artwork that will comprise the 2013 Beck's Art Labels project. Each year, Beck's selects six artists, ...
Tags: Packaging, Printing, Beer Labels, Label
The benzene price in the European spot market sank to a 13-week low Thursday after a week of a sharp -- around $100/mt -- downward correction. Barges for the delivery in ARA region 3-30 days forward were assessed at $1,238/mt at ...