World

Streaming is a 'millennial missile'

Peter Dinklige as Tyrion Lannister, one of the few compassionate characters left in the new season of Game of Thrones.

HBO was missing out on nearly 10 million households that might want to watch the premium channel.

Comcast to ditch Time Warner buyout

Comcast's merger with Time Warner would have controlled 30 to 50 per cent of the US broadband service.

Comcast backs out of contentious US$45 billion merger of US's two largest cable operators.

Google revenue up 12 per cent

Google's ad revenue is taking a hit from the rise of mobile devices over desktop browsing.

Shares in the world's No1 internet search engine rose 3.8 per cent in extended trading on Thursday.

World's richest property tycoons

It's been a good year for Chinese real estate moguls, Forbes says.

It has been a good year for the world's property tycoons, according to Forbes.

Australian property seen as hot destination for money laundering

Australian property is seen as an attractive place to invest corruption proceeds, the report says.

Australia needs to tighten safeguards against money laundering in its booming property market, report says.

US Democrats divided on TPP

Hillary Rodham Clinton, seen greeting voters at a community college in Concord, New Hampshire, is among those Democrats expressing unease with the TPP.

Trade deal with NZ and other Pacific countries divides Democrats like Hillary Clinton.

China 'recovering from meat scare'

Parent company of KFC and Pizza Hunt's thousands of Chinese outlets slowly recovering from food scare.

Sales in Yum Brands' 6850 food outlets in China, its biggest market, dropped 12pc over meat handling scandal.

Generic drugmaker offers $52bn for rival

Mylan is expected to reject the offer from generic drugmaker Teva.

Israel-based pharma company Teva has made an unsolicited offer for small rival Mylan.

China cyber rules 'could backfire'

China's cybersecurity regulations could cost the country in the long run, says Huawei boss.

Huawai boss makes rare criticism of IT security policy, questioning the Great Firewall of China in the long term.

Yahoo revenue falls short

Disappointing Q1 result shows up Yahoo's struggle against 'young' social-based companies like Facebook and Twitter,

Yahoo's revenue has fallen short of estimates, underlining CEO's struggle.

Trader arrested for alleged 'flash crash' role

The 2010 flash crash saw nearly US$1 trillion wiped from stock values in a matter of minutes.

US seeks extradition of a lone trader in London accused of ramping up the 2010 global markets shock that wiped a trillion dollars in just minutes.

Buses ordered to display 'Killing Jews' ad

Big Apple commuters are 'unlikely to be incited to violence' by the controversial ad.

A US federal judge has forced New York's transport agency to display an ad referring to Muslims killings Jews.

Investors unhappy as Freddie Mac shifts risk

Unlike Freddie Mac's previous deals, the new structure means investors can see their principal erased.

Some mortgage-bond investors are criticising a change in Freddie Mac debt that increases the risk of loss from homeowners who can't afford their loans.

Is GE selling off loan business?

GE is in talks to sell off its commercial lending and leasing operations, sources say.

Sources say GE's entire US lend and lease business - worth US$74bn - is on the market.

Desperate Greece in dash for cash

Greek officials don't believe that the ailing economy could lead to its expulsion from the euro.

Greece is nearly scrambling under the couch cushions for dropped coins as it struggles to stay solvent.

China's 'mystery gold stash'

If analysts are right, China has over 3500 tonnes of gold tucked away.

China's gold reserves may be far greater than it has currently declared, say experts.

Wall St rallies on China stimulus

Hasbro reported a surprise increase in quarterly revenue, helped by strong growth in boys toys like Transformers.

China helped heal the wounds of last session as investors dabble in tech stocks before earnings announced.

Facebook fugitive's lawsuit fails

Facebook CEO Mark Zuckerberg speaks at the f8 developers' conference.

Paul Ceglia's last swing at a share of Facebook has, as expected, been unsuccessful.

Soaring demand for female execs

Business in Japan has always been considered a 'man's world' but that has changed.

Japan's government has created the 'Soaring Female Talent Bank' to help firms find women to fill executive roles.

China readies for Islamic finance

Despite necessary regulatory changes to encompass Islamic finance needs China is eyeing it to bankroll everything from mining to clean energy and transportation projects.

China looks ready to get serious about Islamic finance, and banks in the Gulf Cooperation Council are taking note.

India's consumers pick up corporate credit slack

Amid stalling projects and slow corporate sector recovery, Indian banks are marketing aggressively to consumers to make up the shortfall.

India's banks, suffering as corporate lending stays slow, are turning to consumers to pick up the slack.

Eight-year-old makes $166k a month

Five-year-old Ashlee (left) and 8-year-old Charli (right) in one of their baking tutorials.

Australia's mini Martha Stewart and her 5-year-old sister rake in huge income thanks to their online baking tutorials.

Man in custody over date-rape drug

Generic pharmaceuticals for story on prescription pills being sold in supermarkets. drugs, pill, pharmacy. Sunday 28th June 2009 AFR 

Photo by Louie Douvis 
AFR USE ONLY SPECIAL 109060

A Victorian man who allegedly imported more than 3kg of the date-rape drug known as "Fantasy" has been denied bail in Perth.

CEO cuts his salary for staff

Gravity Payments founder, Dan Price.

For some workers, the increase will more than double their pay.

'Dick-tatorship' prompts protest confetti bomb video

ECB news conference interrupted after woman charges at Draghi

A woman protesting against the European Central Bank disrupted the sombre event before she was carried away.

$50,000 fine over Anzac memes

A Woolworths Anzac Day tribute has backfired after it was hijacked by internet memes.

Australian minister lashes out at supermarket giant Woolworths for trivialising the Anzac memory.

Fines over Anzac campaign

Woolworths Fresh in Our Memories campaign backfired quickly.

Woolworths tribute to the Anzac legend backfired spectacularly with its social media campaign launching a barrage of memes. 

Plane wifi could facilitate terrorism

Plane, generic, strap

The same internet access now available on most commercial flights makes it possible for hackers to bring down a plane.

Mountain Dew drink of the NBA

PepsiCo product Mountain Dew will be the new drink of the NBA after a new sponsorship deal was inked.

Pepsi wins NBA sponsorship rights, ending the basketball association's 28-year partnership with Coke.

China's stock market surge

China's stock market is up 20 per cent this month, 30 per cent for the year and almost 100 per cent over 12 months.

China's stock market is up 20 per cent this month, 30 per cent for the year and almost 100 per cent over 12 months.

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