Is anybody surprised by results from the UK’s biggest house lender, Halifax that house prices in the UK fell by 1.2% in June? Is there a crash around the corner? After a number of conflicting reports over the last few months where the poor British house buyer has been subjected to mutually orthogonal forecasts...
Read more »

Rumours are that Apple is preparing a spreadsheet product for sometime early next year to join its iWork portfolio. We think this is too little and too late. With the world moving towards an even more ‘online’ model of computing – purported to follow the banner of Web 2.0 – see the rapid growth...
Read more »

For those baby boomers the CRT was the route to freedom, it meant entertainment and a vista into unseen worlds through Television, it meant untold riches through massive industrialisation of the white collar work place with the computer terminal. Mostly though, it meant big heavy screens on the desktop and in the corner of...
Read more »

Thank you for reading The Business News Source. Please feel free to copy or email or distribute any articles we publish on a daily basis. Our only stipulation is that we reserve copyright on the materia and that you should help us by acknowledging the site by quoting or linking directly to the URL....
Read more »

Miffed by the valuation of its 20% stake in Airbus by NM Rothschild, BAE is to order a formal audit of Airbus before deciding if it sells its stake. The value of the stake made by Rothschild comes in at $US3.5bn – which is about a third less than BAE and the market expected....
Read more »

Only three days ago it was a ‘dead cert’ that the Bank of Japan would raise its rates from an effective zero on the 14th July. Now, however, it all seems uncertain again. Yesterday Japan’s Economy minister, Kaoru Yosano appeared to back the rise, but the finance minister Sadakazu Tanigaki stressed that the bank...
Read more »