IBTimes Australia : Retail Topic

Osborne Ponders Move to Split RBS and Re-Privatise Lloyds as UK Leaves 'Intensive Care'

Thu, 20 Jun 2013 16:55:08 +1000

Chancellor unveils plans for partial government ownership of banks during Mansion House speech.

More Chinese Students Choose Australia For Education - HSBC Survey

Thu, 20 Jun 2013 16:45:50 +1000

Australia can expect an increase in foreign students enrolments in the next five to 10 years as the recent commissioned survey by HSBC reveals that the country is the top choice of Chinese students for their overseas education. They ranked Australia no. 1 in Asia, and fourth globally behind the US, UK and Canada.

Sony Xperia Z Lands to T-Mobile U.S. Network Carrier With No Caps, No Overages and No Restrictive Annual Service Contracts

Thu, 20 Jun 2013 16:16:55 +1000

T-Mobile is the chosen exclusive network carrier of Sony Xperia Z in the United States, announced the Japanese tech company.

Virtual Reality for Oculus Rift Hires More People, Used for Erotic Game, GameStick Delay & Ouya’s Nearing Release

Thu, 20 Jun 2013 15:57:01 +1000

Developments for Oculus Rift, GameStick, and Ouya.

Nexus 7 2 vs. iPad Mini 2: 3 Reasons Why the Apple Tablet is the Better Buy over the Google Slate

Thu, 20 Jun 2013 13:24:55 +1000

The next-generation small tablet from Apple and Google, the iPad Mini 2 and the Nexus 7 2, are landing later this year and many shoppers will have a tough time choosing which device best merits their investment.

Birth of Prince William and Kate Middleton’s Baby to Boost British Economy by $380M (VIDEOS)

Thu, 20 Jun 2013 10:22:57 +1000

All eyes are on the forthcoming baby of Prince William and Kate Middleton even as the royal couple prefers not to know in advance through technology the gender of their baby. However, there are speculations the baby would be a girl based on an alleged slip on the part of the mother.

Ireland to put off sale of Aer Lingus stake - minister

Thu, 20 Jun 2013 03:49:02 +1000

Ireland's government does not think the time is right for it to sell its 25 percent stake in Aer Lingus , the minister in charge of the country's privatisation plan said on Wednesday.

BT CEO Livingston steps down to join UK government

Thu, 20 Jun 2013 02:14:03 +1000

BT Chief Executive Ian Livingston said on Wednesday he was stepping down to take up a government job promoting British business, knocking shares in a telecom company he has helped reposition on the path to growth.

Commerzbank to cut 5,200 jobs

Thu, 20 Jun 2013 01:21:02 +1000

Commerzbank is to cut around 5,200 jobs, or 11 percent of its 48,000 staff, Germany's second-largest lender said on Wednesday.

BT CEO Livingston to step down to join government

Wed, 19 Jun 2013 23:42:02 +1000

BT Chief Executive Ian Livingston is stepping down to take up a government job promoting British business, knocking shares in the telecom company he has helped reposition on the path to growth.

German bank association backs European deposit scheme

Wed, 19 Jun 2013 23:28:03 +1000

German banking association BDB signalled it may drop its opposition to a pan-European deposit guarantee scheme, a radical step under which German lenders would help absorb the losses of failed banks in other European states.

H&M Eyes Internet and Store Expansion to Counteract Profit Plunge

Wed, 19 Jun 2013 22:06:35 +1000

Second quarter profit dips 11%. But third quarter gets off to a good start.

BT Value Dives £1bn as CEO Ian Livingston Named Next UK Trade Minister

Wed, 19 Jun 2013 22:01:30 +1000

Prime Minister David Cameron tells parliament BT's Ian Livingston will replace ex-HSBC chairman Stephen Green as trade minister.

BT says CEO Livingston to step down to join government

Wed, 19 Jun 2013 21:28:02 +1000

British telecom company BT said on Wednesday chief executive Ian Livingston would step down in September to take up a role as Minister for Trade and Investment in the British government.

Mortgage applications tumble as rates rise further: MBA

Wed, 19 Jun 2013 21:21:02 +1000

Interest rates on home mortgages rose last week to hit their highest level in over a year, sapping demand from potential homeowners, data from an industry group showed on Wednesday.

Ofcom to probe BSkyB over sports channel supply

Wed, 19 Jun 2013 20:35:02 +1000

Ofcom said on Wednesday that it would launch an investigation into satellite TV firm BSkyB over the wholesale supply of its sports channels after a complaint by Sky's increasingly bitter rival BT.

Record £1m FCA Fine on Retail Sole Trader Gurpreet Singh Chadda

Wed, 19 Jun 2013 20:13:34 +1000

Financial Conduct Authority fines and bans property dealer for deliberately misleading vulnerable customers.

Chancellor George Osborne to Unveil RBS and Lloyds Fate

Wed, 19 Jun 2013 17:40:07 +1000

Osborne will outline the future of state-controlled banks in Mansion House speech.

India Business Sentiment at Over 3-Year Low

Wed, 19 Jun 2013 13:44:28 +1000

Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey shows.

Asia business sentiment rises in second quarter, global growth risk still dominates

Wed, 19 Jun 2013 13:14:03 +1000

3,000 Year Old Logic: Don’t Sell Your Gold

Wed, 19 Jun 2013 09:20:58 +1000

Christie's advertised a solid gold bracelet that's about 3,000 years old. It dates to the Iron Age, and was unearthed - yes, dug out of the ground - in Portugal, or old pre-Roman Lusitania.

Exclusive: Facebook reaches 1 million active advertisers

Wed, 19 Jun 2013 06:42:03 +1000

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Exclusive - Facebook reaches 1 million active advertisers

Wed, 19 Jun 2013 06:42:03 +1000

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Moody's Warns of Co-op Bank's 'Imminent' Default Despite Bailout Prevention Plan

Tue, 18 Jun 2013 20:23:18 +1000

Ratings agency Moody's downgrades Co-Operative Bank saying it will default on its debt despite its £1.5bn recapitalisation plan.

Huawei Ascend Mate Officially Launched in India for ₹24,900

Tue, 18 Jun 2013 20:03:12 +1000

Chinese electronics major Huawei on Tuesday (18 June) officially released its flagship Ascend Mate phablet into the Indian market.

Samsung Galaxy S4 Mini Priced at £390 up for Pre-order in UK

Tue, 18 Jun 2013 19:52:16 +1000

Samsung Galaxy S4 Mini is up for pre-order at Clove UK with a suggested retail price of £390 including VAT.

Saudi prince eyes world's big cities for mile-high tower

Tue, 18 Jun 2013 17:14:02 +1000

Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London and New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.

RBA May Lower Rates Again Despite a Weak Australian Dollar

Tue, 18 Jun 2013 16:44:56 +1000

The Reserve Bank of Australia (RBA) has let interest rates remain the same amidst weak economic conditions. The mining industry remained weak following the job cuts and shutdown of Newcrest Mining's Brisbane offices. The RBA is open to reduce interest rates further if the weak mining industry begins to put a strain on the entire economy of Australia.

Cheaper iPad Mini is the Wave of the Future for Global Tablet Market – Report

Tue, 18 Jun 2013 15:26:27 +1000

The 7.9-inch iPad Mini, specifically the edition priced at $US249, will set the pace for global tablet competition in the quarters ahead, a new report said.

Office Depot sets annual meeting date after investor complaints

Tue, 18 Jun 2013 08:28:02 +1000

Office Depot Inc on Monday said it will hold its annual shareholder meeting on August 21, after its top investor sued the second-largest U.S. office supply retailer for not holding one in the past year to elect directors.