Archive for October, 2006

UK House prices climb as 3 million sit on the sidelines

October 31, 2006
By invandbiznews
UK House prices climb as 3 million sit on the sidelines

The Nationwide bank stated that house prices cooled slightly in October, but still rose by an average of 0.7%. However, the latest three monthly forecast should an increase of 2.6% over the period – the fastest growth since September 2004. With the average price of a UK house now sitting around £169,623 it seems...
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Adobe manager hits out at loyal customers

October 31, 2006
By invandbiznews
Adobe manager hits out at loyal customers

Adobe may rue the day it encouraged its product managers to run online blogs from its own site. It seems that the latest musing of product manager John Nack have unleashed a torrent of articles across the net from angry Mac users, annoyed that the company strategy seems inconsistent and worse still John Nack...
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Markets hit high

October 30, 2006
By invandbiznews
Markets hit high

As indices in western markets regain past loses and march upwards it might be time to ponder and view the results in the light of current news on housing and the growth of interest rates across many of these markets – this article in BN provides a good succinct overview. Markets hit new highs,...
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Adobe launches new front in war with Apple

October 27, 2006
By invandbiznews
Adobe launches new front in war with Apple

Adobe announced details of a ‘public beta’ of its audio application Soundbooth in a further direct attack on the Apple digital media market. Adobe and Apple previously went head-to-head after Apple launched its photographic workflow product, Aperture. Adobe responded later with the release a similar product, Adobe Photoshop Lightroom, as a ‘public beta’. The...
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Oil falls as production is cut

October 23, 2006
By invandbiznews
Oil falls as production is cut

From Investment and Business News OPEC has agreed to cut oil production by 1.2 million barrels a day, and yet the price of oil still fell. Some say it’s because traders don’t expect OPEC members to adhere to the cut. Equally, however, it could be argued that OPEC reduced oil quotas because it knew...
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