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Worlds fourth largest producer of gold bullion fires 8,500 workers

Gold Fields, operating in South Africa and the worlds fourth largest producer of gold bullion, announced on Tuesday that it had terminated the employment of its 8,500 workers after on-going...

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Excessive pay era over: Business Council of Australia

Tony Shepherd The Business Council of Australia president Tony Shepherd called for an end to the era of excessive chief executive salaries on Friday as economic and productivity pressures realign...

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Volkswagen to introduce global models models in India

Volkswagen plans to introduce new models from its global line-up in India to increase sales to retain its 3% market share in India according to a top executive. “We are investigating and checking the...

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Smartphone apps may be illegal: Australian state government

The state government of NSW warned on Friday smartphone apps that allow Australians to book private cars instead of taxis may be illegal. The warning comes amid the release of Uber, an app that...

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CSG Introduces Enterprise Security Business

CSG International, Inc. (NASDAQ: CSGS) a global provider of interactive transaction-driven solutions and services, today announced the worldwide launch of CSG Invotas, a new software and services...

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OneVentures announces second fund based on increased investor demand for...

Australian venture capital firm, OneVentures, today officially launched the OneVentures Innovation and Growth Fund II, seeking to raise $100 million from institutional investors and high net worth...

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Target replaces CEO after millions affected by data breach

Target on Monday announced Gregg Steinhafel, its Chief Executive Officer, has stepped down after a data breach where the details of approximately 40 million Target shoppers’ credit cards and debit...

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Blackberry announces sale of majority of its Canadian real estate

Blackberry, the Canadian maker of the Blackberry smartphones and tablets, announced on Monday the sale of most of the company’s Canadian real estate holdings for US278 million. In a press release the...

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US stocks advance ahead of US fed on rates

US equities advanced on the main indices ahead of the results of Wednesday’s Federal Reserve meeting on interest rate policy – in anticipation the fed will continue to follow its previously announced...

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Long overdue upgrade fuels 10m iPhone sales on launch weekend

What many say was long-overdue upgrade to Apple’s iPhone likely drove iPhone 6 sales to 10m devices, eclipsing the company’s 2012 iPhone 5 first weekend sales of 5m units. The iPhone 6 and iPhone 6...

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