Archive for the ‘Featured Post’ Category

Chinese Internet Sites Hit By Anonymous Attack

Chinese Internet Sites Hit By Anonymous Attack

The hacking group named Anonymous has claimed that it has defaced nearly 500 Chinese websites. Sites that were affected in the large-scale defacement included websites belonging to the government, official agencies, and trade groups. A message which appeared on the hacked websites stated the attack had the purpose of protesting against the Chinese government, and [...]

Investors’ Better Off Buying Oil Than Gold, Says Leading Fund Manager

Investors’ Better Off Buying Oil Than Gold, Says Leading Fund Manager

A leading fund manager has recently said that investors may be better off buying oil than gold. Trevor Greetham stated this when speaking to the British newspaper, the Daily Telegraph. Mr Greetham, the portfolio manager of Fidelity’s multi-asset funds, told the Telegraph that gold performed best at times when the dollar is weak and worldwide [...]

James Murdoch Leaves Chairman Post At BSkyB

James Murdoch Leaves Chairman Post At BSkyB

James Murdoch has left his position as the chairman of the UK broadcaster BSkyB  (Public, LON:BSY). He will keep his place on the company’s board. The move comes as part of attempts to distance BSkyB from the News of the World’s phone-hacking scandal at newspaper – a paper formerly owned by the Murdoch family. The [...]

Sentiment Of Canada’s Small Businesses Rises For Seventh Consecutive Month

Sentiment Of Canada’s Small Businesses Rises For Seventh Consecutive Month

Small business sentiment has gone up for the seventh consecutive month in Canada during March, according to the latest business barometer index by the CFIB (the Canadian Federation of Independent Business’s). The CFIB has stated that the continuing optimism indicates that smaller and medium sized companies have returned to a level of sentiment that would [...]

Large Coupon Companies Refund Customers Of Ottawa-Based Butcher

Large Coupon Companies Refund Customers Of Ottawa-Based Butcher

Three deal offering companies have refunded all online coupons issued for a butcher shop based in Ottawa, after the business stopped accepting the vouchers. Aubrey’s Meats stated that financial problems following the sudden death of its owner mean it can no longer accept or sell the online coupons it had advertised. The daily deals companies [...]

Groupon Shares Go Down Following Revised Financial Report

Groupon Shares Go Down Following Revised Financial Report

Groupon’s (Public, NASDAQ:GRPN) share price has fallen overnight after the company said that its revenue and earnings were below the figures that it had reported during February. The daily deals giant, based in the US city of Chicago, revealed that the misjudgement in earnings was down to accounting mistakes. Groupon’s admission of the earnings overstatement [...]

Small Firms Need To Be ‘More Energy Efficient’

Small Firms Need To Be ‘More Energy Efficient'

The vice president of the European commission has said that small businesses need to do more do more to make themselves energy and resource efficient, otherwise environmental policies will fail. The vice president Antonio Tajani’s comments have come after the first in depth analysis on how smaller businesses are having an effect on both pollution [...]

Small Firms Can See Mixed Fortunes From Their Dealings With Daily Deals Websites

Small Firms Can See Mixed Fortunes From Their Dealings With Daily Deals Websites

A number of reports in recent months have revealed that some small businesses have struggled after offering discounts on their products with daily deals websites, with some even coming close to bankruptcy as a result of the huge number of claimants for their offers with deal providing companies. The large US-based firm Groupon (Public, NASDAQ:GRPN) [...]

Unemployment Rate In The Eurozone Increases In February

Unemployment Rate In The Eurozone Increases In February

Unemployment across the nations which make up the eurozone moved up during February, going from January’s figure of 10.7%, to 10.8%. The rate is now at its highest point since the euro was introduced in 1999. Spain had the highest rate of unemployment during the month, with 23.6% of people being unemployed. Portugal (15% unemployed), [...]