One of New Zealands largest finace companies, South Canterbury Finance, has collapsed after a bid to re-finace failed. South Canterbury faced the threat of receivership if they had not secured new capital by the end of August. The company had been granted a waiver for breaching its banking covenants earlier this year, and has been [...]
According to the U.S. Department of Labor’s recent predictions for the fastest-growing jobs, technology of almost any type is set to grow most rapidly. Jobs in computer-related industries are especially high on the Department’s list. “In the Information Technology sector, we have seen a significant growth in information security,” said Edward Wilde, Direct at Stinger [...]
– With companies demanding a greater level of sophistication from their Electronic Point of Sale (EPoS) system it can be hard to choose the right combination of hard and software for your company. This can be especially difficult for Trade and Wholesale businesses as most products on the market are directed at retail and hospitality [...]
The growth of social networking is being led by more mature users, but Facebook ads don’t really take the senior population into account. Although social networking usage among the over-65 population is up 100 percent–more than three times the overall growth of social networking as a whole–Facebook only lets ads be specifically targeted for ages [...]
IBM revealed details on Wednesday about its new advanced chips, which the IBM says can process data at speeds far faster than those in ordinary desktop computers. Technology giant, IBM, says it cost more than $1.5 billion in research and development of the new chips technology, the first version of which is the 5.2-GHz z196 [...]
New Jersey Gov. Chris Christie complained to bureaucrats in D.C. for allowing one mistake on a 1,000-page application to cost the state Race to the Top education grants worth $400 million. Nine states were awarded “The Race to the Top Grants” along with the District of Columbia on Tuesday. New Jersey was the first runner-up, [...]
It was a quiet week in movie theatres , ticket sales were down, for the Top 12 films, 11 percent compared with the same period last year. “The Last Exorcism” went to No. 1 with about $21.3 million in grosses, according to Hollywood.com, which compiles sales data. “Takers,” a low budgeted crime thriller from Sony [...]
Kelly Osbourne is to become co-host, along side Joan Rivers, in E! networks “Fashion Police” according to recent reports. “It’s a dream come true” claims the erstwhile former wild child and daughter of rocker Ozy Osbourne. She claims to be really looking forward to working with Joan and cant wait to start dishing the dirt [...]
The Société Générale’s famously bearish world strategist Albert Edwards recently said,“. The global economy is sliding back into recession and they are still not even aware that these events will trigger another leg down in valuations, the third major bear market since the equity valuation bubble burst”. This sums up the problems facing shareholders and [...]
Diversified manufacturer Eaton Corporation recently announced that Lennart Jonsson has been named executive vice president and chief technology officer for the business, reporting to Alexander M. Cutler, chairman and chief executive officer. “In this critical role, Lennart will lead our businesses in the development of robust technology roadmaps that increase our ability to create solutions [...]