News: Money

In 20 hours, Flipkart sold a record-breaking 1.3 million smartphones

Friday  22:37,   22 september 2017
Quartz

Flipkart says it has created history. The Bengaluru-based e-commerce major sold 1.3 million smartphones within 20 hours on Sept. 21, a company release said. That’s…The Bengaluru-based e-commerce major sold 1.3 million smartphones within 20 hours on[...]

Plans to build $115m five-star hotel in Darwin lodged

Friday  22:37,   22 september 2017
MSN

Plans to construct a new $115 million 5-star hotel in Darwin have been lodged with the Northern Territory Development Consent Authority. It comes at a time when the Territory economy is flat and Darwin City is struggling with business confidence.The [...]

Australia's Fairfax Media gets approval to vote on Domain separation

Friday  22:21,   22 september 2017
Reuters

Fairfax Media (FXJ.AX) on Friday said it received approval by an Australian court to hold a shareholders meeting to vote on the separation and listing of its classified ads business for properties, Domain Holdings Australia Ltd. If the separation is [...]

Want to be a billionaire? Get one of these jobs first

Friday  22:21,   22 september 2017
USA TODAY

Who wants to be a billionaire? If you do, you might want to heed this study  that looked at the beginnings of the richest 100 people in the world to see if there was a connection between their education and first job and making[...]

At smartphone pioneer HTC - a new, or virtual, reality

Friday  20:27,   22 september 2017
Reuters

<p>When HTC Corp brought back founder Cher Wang two years ago to turn around the struggling Taiwanese mobile phone maker, investors hoped she could stem a sharp loss in market share to Apple (AAPL.O) and Samsung Electronics.</p>But the gamble[...]

Why these 4 ASX shares are ending the week with a bang

Friday  15:36,   22 september 2017
The Motley Fool

The Bubs Australia share price is one of four ending the week with a bang. Here's why.After a disappointing few days the S&P/ASX 200 has bounced back and is up 0.4% to 5,679 points in early afternoon[...]

Uber stripped of London licence

Friday  15:36,   22 september 2017
Reuters

<p>London stripped Uber on Friday of its licence to operate from the end of September in a huge blow to the taxi app that will affect more than 40,000 drivers in one of the world's biggest cities.</p>Regulator Transport for London (TfL)[...]

Rio Tinto announces $2.5 billion buyback, shares rise

Friday  14:56,   22 september 2017
Business Insider Australia

Rio Tinto announced a $2.5 billion share buyback today, following the sale of its subsidiary Coal &amp; Allied.Rio said that it would be returning part of the proceeds of the sale -- a $2.45 billion all-cash deal -- back to shareholders by way[...]

The Australian dollar has copped a thrashing

Friday  12:54,   22 september 2017
Business Insider Australia

The Australian dollar tumbled across the board, undermined by weaker commodity prices and renewed doubts that the Reserve Bank may be on the cusp of raising interest rates.  Here's the ugly scoreboard as at 7am[...]

Your photos just underwent a massive change with iOS 11. Here's what you need to know.

Friday  12:06,   22 september 2017
Popular Science

If you've updated your phone, you're already shooting HEIF files instead of JPEGs. These bright red tomatoes were shot in the HEIF file format, which Apple has integrated into its iOS 11 operating system. The original image file captured by[...]

Comment: Here's why CBS wants Ten, and what it might do with it

Friday  10:56,   22 september 2017
Sydney Morning Herald

One of Australia's most iconic media companies has a new owner, "the best-placed network" in the US, with a storied history of its own.As the reality of CBS's winning bid for Network Ten begins to sink in, focus is beginning to shift[...]

Google's $1.1 billion deal with HTC is about something much bigger than making a better smartphone

Friday  09:11,   22 september 2017
Business Insider Australia

Google's acquisition of a team of smartphone engineers from HTC could prove important to its future.Google, it seems, is gearing up for a post-smartphone[...]

Comment: CommInsure sale: they're breaking up the bank David Murray built

Friday  09:11,   22 september 2017
Sydney Morning Herald

CommInsure sold, Colonial First State on the auction block - they're breaking up the bank David Murray built. The restructuring of the CBA, returning it to the core business of banking, is part of a financial landscape that is changing faster[...]

These are the 3 worst performers on the S&P/ASX 200 over the last 12 months

Friday  07:51,   22 september 2017
The Motley Fool

The Mayne Pharma Group share price is one of the three worst performers on the S&amp;P/ASX 200 over the last 12 months.Despite recent weakness on the local share market, during the last 12 months the S&P/ASX 200 has managed to carve out a[...]