Tag: News

The Bakery Network #the #bakery #network,baking #industry #news,bakery #trade #shows,bakery #trade #fairs,buyers #guide #for

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Industry Updates

CSM Bakery Solutions Proposes to Sell BakeMark Business US-based CSM Bakery Solutions, is a global leader for bakery ingredients, products and services for retail and foodservice markets. (more )

Bakery at Chicago Stands Out For Community Involvment The Edgewater community of Chicago, is home to a new family-operated bakery. Edge of Sweetness Bakery under the guidance of Kate Merrill and Paige Tyler, (more )

Londoners are Loving the Dhan WaffleDonut Hybrid A demand for Dhan waffles is growing amongst the residence in London during weekends. “Dhan” means “egg” in Mandarin. (more )

The Bakery Channel – Baking Industry Videos

IDDBA – Bakeries rely on.

The Vemag Cup Filler is.

Bakistry: The Science of.

The Chemistry of Baking.

Snak King, one of the.

SFWB visits Nonni’s Foods.

Empire Bakery Equipment.

The BLOEMHOF 860/860L.

Rotella’s Italian Bakery.

Informative video showing.

IDDBA video report on.

Solvay Aroma Performance.

Upcoming Trade Shows

The Packaging That Sells Conference 2017, held by BRANDPACKAGING, brings together brand.

The New Products Conference 2017 will mark the 35th annual event held by Prepared Foods’ in.

IFT17 hosted by the Institute of Food Technologies will be held in Las Vegas, Nevada from June.

The Summer Fancy Food Show 2017 will mark the 63rd summer event held by the Specialty Food.

The Sweets Snacks Expo 2017, held in Chicago, Illinois, is the ideal event for customer.

From The Experts

Integrating Gluten-Free Products Into Your Bakery

The FDA requires that food with a gluten-free label contain less than 20 parts per million (ppm) of gluten. How can you integrate gluten-free products into your bakery? Follow these seven steps. (more )

Special Feature

The Scoop on Scooping Up Edible Cookie Dough

We all remeber being kids and making cookies with our parents, grandparents or family friends trying to sneak some raw cookie dough, then getting caught and told “you’re going to get sick”. Well not any more! Edible cookie dough has been trending food buzz since early 2017 and is not slowing down.

  • Read more

Tradeshow and Event Update





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English Language Teaching Jobs #tefl, #tefl.com, #jobs, #job, #jobsearch, #job #search, #listing, #tesl, #tesol,

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The Financial Express – Business News, Industry, Personal Finance, Stock Market News #businesses #to

#stock market news today

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The Railways need to evaluate whether it should continue to have 125 hospitals, 600 polyclinics and 100 schools directly under its wing, he said.

Outgoing RBI Governor Raghuram Rajan today rejected the idea of the government taking a special dividend from the central bank for recapitalisation of public sector lenders, saying there is no free lunch .

India and Vietnam today called for a reform of the UN and an expansion of the Security Council in both the permanent and non-permanent categories of membership, with enhanced representation from developing countries.

Country s largest two-wheeler maker Hero MotoCorp plans to launch 15 new products in domestic as well as international markets this fiscal, a top company official said today.

Find the Jeep pricing absurd? Here s the reason and why it isn t necessarily bad

New Jaguar sets record as fastest selling car for Tata Jaguar Land Rover

Stable regulatory framework important for investment in auto sector

The system, which would utilise the same machine learning technology used in Microsoft s artificial intelligence (AI) assistant Cortana, is designed to have a long lifecycle.

Samsung announces swap for Galaxy Note 7 with Galaxy S7 variants

Xiaomi Mi Max: Phablet with long-lasting battery for heavy users

From UrbanClap to OTJ247, take to tech to slay the chores and really enjoy the festive season

Odisha Chief Minister Naveen Patnaik today launched the Biju Kanya Ratna Yojana (BKRY) and inaugurated 1,000 anganwadi buildings here as part of the celebration marking birth centenary of legendary Biju Patnaik.

The extraordinary life of Mother Teresa, who worked relentlessly for the upliftment of the destitute and who will be declared a saint by the Roman Catholic Church, must be brought alive on the silver screen, says India s acclaimed veteran filmmaker Shyam Benegal.





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Use – Keep Both – to Merge Same Name Files into Single Folder of

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Use Keep Both to Merge Same Name Files into Single Folder of Mac OS X

The Mac Finder offers a variety of methods of merging two folders contents together into a single directory. One option allows users to join different directory contents together that contain files with the same names, using the keep both function in OS X Finder.

This can be a little confusing at first glance, but after a bit of practice you ll understand a bit more how the feature works and how you can use it to merge directory contents with files that share the same names together into a single folder, entirely by using the OS X Finder.

If you re going to try this yourself, it s strongly recommended to do so with unnecessary files or folders, and preferably make a backup beforehand. The reason is quite simple; you don t want to accidentally replace essential files or folders while discovering how the keep both choice works and behaves.

How to Merge Files with the Same Name into a Single Folder in Mac Finder with Keep Both

In this example, let s say you have two folders with contents that share the same name but the files are different like 0.png, 1.png, 2.png, etc, thus, you do not want to overwrite any files, you simply want them all to be in the same folder, thereby joining them together and merging the directories into one:

  1. Select all files from the source folder, then hold down the Option / alt key and drag and drop them into the destination folder (remember, the destination folder has files of the same name)

  • You ll get a message saying An item named file already exists in this location. Do you want to replace it with the one you re moving? DO NOT choose Replace as it would overwrite the files
  • Instead, assuming you held down the Option key (you can also hold it down after the fact), you ll see a third option button Keep Both choose this instead (optionally, check the Apply to All box if you re confident you want to keep both of all files and don t want to approve each one)

  • The Finder will move the source files into the destination folder and rename them automatically so they do not overwrite one another. The naming convention is rather basic, it simply appends a counting number to the end of the files coming from the source. Using the aforementioned filename example, that means copying 0.png, 1.png, 2.png, etc into another folder with the same named files will rename them automatically to 0 2.png, 1 2.png. 2 2.png , and so on.

    Because of the naming convention of simply appending a number to the end of the source files being copied, perhaps a better option is to first batch rename the file contents of one folder, and then just drag and drop the newly renamed files into the other folder. In that case, because the file names are different, it will not triggering the keep both option at all and the files would drop into the folder as you would moving any other items around. This is often preferable since you can choose the file names yourself rather than going with the naming convention that keep both assigns to the files, but it s really up to the Mac user to figure out what s best for their situation.

    It s also worth pointing out that you can enable the Keep Both Option after the dialog box has been triggered for file copies. If you see a Skip option in the dialog instead, hold down the OPTION key to switch to to Keep Both like so:

    Note: The Keep Both choice only appears with identical named files in folders, if the file names are different, the button will not appear. and if you held the Option key it would simply copy the files into the other folder.

    Admittedly, the way Finder handles this is a little confusing at first glance, but it works as advertised. For Mac users who are more advanced, turning to the command line and using ditto to copy files between directories is another excellent option, or even using ditto tomerge directories in OS X. And yes, there is a merge option hidden in the Finder, but it s behavior is sometimes even more peculiar than Keep Both , so we ll focus on explaining that in another article.

    I use Keep Both often, and I also use Batch Rename often which I think, as you outline, is a better choice.

    Then the third option is the Merge option, which is hidden probably because it s behavior is weird and requires the folders to have the exact same name irregardless of the folder contents. From Apple description of the Merge feature:

    Merge two folders with the same name

    If you have two folders with identical names at two different locations, you can merge them into a single folder.

    Hold down the Option key, then drag one folder to the location that contains a folder with the same name. In the dialog that appears, click Merge.

    The Merge option appears only if one of the folders contains items that are not in the other folder. If the folders contain different versions of identically named files, the only options are Stop or Replace.

    Clear as mud, right? Much room for improvement when merging folders together in Mac OS, where OS X 10.11 is the same.

    Mike Jennings says:

    What I want is a way to merge folders, automatically skipping the files that are already in the destination.

    Too often I end up having to abort the entire copy because of one dupe, or else replace the existing dupe(s) with exact copies, which takes a long time and monkeys with modification dates.

    Is there a way to do this with Finder, cp or ditto?

    The Merge option is one the most limited and silly options in OSX. I ve lost hundred if not thousands of files because this option doesn t not merge at deep level. Windows is absolutely more clever copying files since windows 98 bad bad.

    Uncle Badger says:

    We have just started having a problem on our PC server that when people go to overwrite a folder it won t let them. Merge seemed to work but now I am worried that as one of your co tributary said it won t merge at deep level.

    Is this a Yosemite/El Capitan bug because it only seems to have manifested in the last few weeks?

    Leave a Reply





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    Finally, banks are lending to businesses again #funding #for #lending, #bank #of #england, #business

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    Finally, banks are lending to businesses again

    Two and a half years after the Government unveiled a flagship Bank of England loan scheme, banks are finally growing their lending to small businesses, in a sign that Britain s shortfall of private investment is turning a corner.

    Data from the Bank of England published on Thursday showed that net lending the difference between new loans being granted and companies paying off debt from banks participating in the Funding for Lending Scheme grew by £635m in the first three months of the year.

    This is the first time that net lending has grown since the FLS, which allows banks to borrow cheaply from the Bank of England as long as they lend the money out, was refocused to target business lending from the start of 2014.

    While net lending did grow under the scheme towards the end of 2013, this is believed to have been entirely down to an increase in household lending, which qualified for the cheap Bank of England loans at the time.

    The £635m increase in the first quarter of 2015 compared to an £811m decline in the final three months of last year, and a £2bn fall in the whole of 2014.

    The figures do not represent all bank lending, with the likes of Barclays and HSBC not participating in the scheme, but are further evidence of a crucial rebound in business lending as economists hope for improvements in investment and productivity.

    The bank said last month that credit conditions are improving for small businesses, despite the uncertainty generated by this month’s General Election.

    The FLS was launched by the Treasury and Bank of England to encourage lending in July 2012 when wholesale funding costs were being squeezed, threatening growth. For every pound of loans to small businesses, banks can borrow £5 from the Bank of England, strengthening their financial positions.

    “The improvement in corporate credit conditions in part reflects the significant fall in bank funding costs that has occurred since the launch of the FLS,” the Bank said.

    Despite the scheme, however, lending to small businesses by FLS members had been continually falling up until now, with the likes of Royal Bank of Scotland running off large commercial property loans before growing their balance sheets.

    The Bank of England expects lagging levels of productivity, which has held down wages, to pick up this year as businesses begin to invest in equipment and training.

    Many businesses do not want to borrow from banks however, with 48pc SMEs ruling out such loans and focusing on cutting debt levels, according to recent research.





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    Hands on: Amazon Kindle Touch (2016) eBook reader #technology #news, #gadgets #on #the #go,

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    Hands on: Amazon Kindle Touch (2016) eBook reader

    It’s missing most bells and whistles, but the addition of Bluetooth opens up Amazon’s new entry-level Kindle Touch to vision-impaired book lovers.

    While the high-end Kindles keep getting more and more expensive, like the $299 Kindle Voyage and $449 Kindle Oasis. Amazon hasn’t forgotten that we can’t all justify spending hundreds of dollars on an eBook reader. The new $109 entry-level model retains the same price tag as its predecessor and offers little in the way of improvements, making sure it remains good value for money for book lovers on a tight budget.

    Having only reviewed the premium model Kindles over the last few years, I have to say I was underwhelmed when I first took the new budget model out of the box. Compared to the Voyage and Oasis it feels like cheap lightweight plastic, as if Amazon has gone out of its way to make this feel like the el cheapo model.

    Of course technology moves quickly and I realise that only a few years ago I would have called this design a marvel of the age. It’s actually 11 per cent thinner and 16 per cent lighter than its predecessor, although the decision to go with fat rounded edges makes it feel more bloated than it really is.

    I’m sure the new Kindle would make a much better first impression if you weren’t familiar with the top shelf Kindles, but it’s something to keep in mind if you know your way around the Kindle range.

    While it has a slightly smaller footprint than its predecessor, the new budget model retains the same 6-inch screen offering 167 pixel per inch resolution. All of the other Kindles offer 300 ppi resolution, with crisp text that looks like it was spat out by a laser printer, but I wouldn’t consider this a deal-breaker if you’re just reading novels.

    The budget model also lacks physical page turn buttons, instead you tap or swipe the screen to turn the page. I don’t view this as a shortcoming either, as a tap feels less intrusive on the reading experience than pressing a button – especially considering how cumbersome the Voyage’s buttons can be.

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    The new model is available in a choice of black or white, if you care about aesthetics. Amazon doesn’t throw in a case but sells one as an optional extra for $34.99 with a magnetic clasp which puts the reader to sleep. Unfortunately for fashion-conscious shoppers it seems the case is only available in black.

    You also miss out on 3G/4G “Whispernet” access to the Kindle book store while you’re on the road. Even the US model only offers Wi-Fi, but once again I wouldn’t view this as a deal-breaker considering you can either plan ahead or generate a Wi-Fi hotspot from your phone when you’re away from home. Amazon has doubled the onboard storage to 4GB, which should be good for around 3000 eBooks to keep you entertained.

    More frustrating is that the entry-level Kindle still lacks the light — a side light shining onto the e-Ink screen, which is easier on your eyes than a backlit LCD screen — which is built into the $179 Kindle Paperwhite and the more expensive models.

    The lack of a light won’t bother you if you only tend to read in direct sunlight or under a bright reading lamp, where you’ll appreciate how little glare the Kindle screen throws off. Yet if you find yourself reading in varied lighting conditions then you should really consider the merits of Kindle Paperwhite – especially if you like to read in bed while your partner sleeps.

    The new Kindle’s major claim to fame is that it’s the first Kindle e-Ink reader to support Bluetooth audio. You can’t listen to music or audio books, it only lets you take advantage of VoiceView text to speech which reads books aloud and helps you navigate the menus – similar to Apple’s VoiceOver feature design for vision-impaired iGadget owners.

    Amazon dropped the headphone jack from its entire Kindle range a while ago, a change which I’m guilty of overlooking in my reviews. If the lack of a headphone jack has kept you from upgrading from a very old Kindle then the new budget model is certainly worth a look.

    So what’s the verdict?

    If you’re happy with your existing Kindle then there’s no reason to upgrade unless you’re excited about Bluetooth. If you’re looking to buy your first Kindle then I’d certainly think twice about forgoing the backlight which makes the $179 Kindle Paperwhite the sweet spot in terms of price and features.

    If you’re certain you can live without the backlight then the new entry-level Kindle could be the perfect addition to your digital bookshelf.

    Adam Turner




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    Global Leaders Launch Council to Help End Malaria #end #malaria #council, #switzerland, #foreign #policy

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    Global Leaders Launch Council to Help End Malaria

    Bill Gates and Ray Chambers convene ‘End Malaria Council’ to drive attention and funding to wipe out the disease for good

    DAVOS, Switzerland. Jan. 20, 2017 /PRNewswire/ — Bill Gates, co-chair of the Bill Melinda Gates Foundation, and Ray Chambers. the United Nations Secretary-General’s Special Envoy for Health in Agenda 2030 and for Malaria, today announced the launch of the End Malaria Council, a group of influential public and private sector leaders who aim to ensure malaria eradication remains a top global priority.

    “The next chapter of the fight against malaria starts now,” said Gates, who co-authored a report with Chambers in 2015 called Aspiration to Action: What will it take to end malaria? “For the first time in history, we have a roadmap to a world without malaria – where no one has to die from a mosquito bite ever again. With renewed focus, innovation and new commitments of leadership and funding, we can be the generation to end malaria once and for all.”

    The launch of the End Malaria Council comes just a month after the release of the World Health Organization’s 2016 World Malaria Report . which showed remarkable progress in reducing cases and deaths from malaria since 2000, but also underscored the urgent need for global leadership, new funding and innovation to stay on track to meet targets.

    Members of the End Malaria Council will work in collaboration with the Roll Back Malaria Partnership and other key partners to help countries and regions achieve their malaria control and elimination goals. Members of this unique group will use their voices and networks to support the work already underway by malaria field workers, scientists and experts by focusing on three areas: building political will, mobilizing resources and supporting the development of new tools to find, prevent and treat malaria.

    The Council has nine founding members, a group of whom met on the sidelines of the World Economic Forum Annual Meeting in Davos, Switzerland to discuss strategies for filling critical financing gaps in Africa. Asia and Latin America. The End Malaria Council will grow to represent all of the key malaria-endemic regions. Inaugural members include:

    • Bill Gates. Co-chair and Trustee, Bill Melinda Gates Foundation
    • Ray Chambers. UN Secretary-General’s Special Envoy for Health in Agenda 2030 and for Malaria
    • Peter Chernin. Founder, Chernin Entertainment and The Chernin Group
    • Aliko Dangote, President and Chief Executive, Dangote Group
    • H.E. Idriss Déby, President, Republic of Chad (representing the African Leaders Malaria Alliance)
    • H.E. Jakaya Kikwete. Former President, United Republic of Tanzania
    • Graça Machel, Founder, Foundation for Community Development, Mozambique
    • Luis Alberto Moreno. President, Inter-American Development Bank
    • H.E. Ellen Johnson Sirleaf. President, Republic of Liberia

    Thanks to strong leadership, smart investments and the hard work of the public and private sectors, the world has cut malaria deaths in half since 2000, saving more than 6 million lives from the disease. Malaria-related deaths are at an all-time low, especially among children under five in sub-Saharan Africa. This can be largely attributed to the unprecedented delivery of more than 500 million insecticide-treated bed nets over the last three years, along with significant expansion of diagnosis and treatment.

    But malaria preys on the rural poor and the young, still killing a child every two minutes. It stunts productivity, burdens families with health care costs, limits educational achievement and slows overall economic growth.

    “We have reached a critical juncture in the malaria fight,” said Chambers. “To end this disease we need a creative approach to financing – one that combines continued support from donor countries with new approaches to expand commitments, particularly from countries affected by malaria.”

    Ending malaria is within reach, but the next few years are critical. Success requires maintaining the progress to date, achieving control in endemic countries and accelerating to elimination where possible. Leaders in Africa and Asia have adopted ambitious elimination agendas for their regions, and countries are working hard to achieve the reductions in cases and deaths to meet the bold goals.

    “Ending malaria was once an impossible dream,” said H.E. Jakaya Kikwete. former President of the United Republic of Tanzania. who lost a brother to malaria when he was a child and made malaria a key priority while in office. “It is now within our reach. It will take strong leadership and serious financial commitments, but I believe we can make history and end this brutal disease once and for all.”

    SOURCE End Malaria Council

    Global Leaders Launch Council to Help End Malaria





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    Oh deer: ACCC takes action over Optus ad with supersonic deer #deer #voice #over,

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    Oh deer: ACCC takes action over Optus ad with ‘supersonic’ deer

    The consumer watchdog has taken legal action against telco Optus for alleged breaches of the Trade Practices Act over an ad featuring a deer breaking the sound barrier.

    The ACCC alleges that Optus engaged in “misleading or deceptive conduct” and made “false representations” in relation to the advertising of certain broadband plans as part of its “Think Bigger” and “Supersonic” promotional campaigns.

    It is not the first time the ACCC has taken legal action against the telco. In June, it sought an injunction to prevent Optus from using the word “unlimited” in advertisements.

    New promotional TV advertisements feature a deer running through a forest.

    A voice-over says: “Imagine this deer is the very fast Optus broadband currently available. Well, Optus has made its cable broadband faster. even faster. actually up to four times faster.”

    As the word “faster” is read out, the deer begins to run faster until it breaks the sound barrier.

    “Introducing new supersonic broadband from Optus,” the voice-over says.

    “Now there’s no limit to what you can achieve.”

    The ACCC says that, under Optus’s new plans, a customer pays a specified monthly sum and receives a specified data allowance for that month divided into peak and off-peak periods. However, once the customer exceeds the peak data allowance, the internet connection is limited to a speed of 64kbps.

    “The ACCC alleges that Optus did not sufficiently or clearly disclose, and in some cases did not disclose at all, these qualifications,” the consumer watchdog said.

    “The ACCC is seeking court orders, including declarations that Optus breached the act, injunctions, including interlocutory injunctions, civil penalties, corrective advertising and costs.”

    In a statement, Optus acknowledged the ACCC’s legal action.

    “Optus acknowledges the claims made by the ACCC and looks forward to working with the ACCC to resolve any concerns they may have,” an Optus spokesman said. “Optus goes to great lengths to offer the best products and services to our customers and to explain the value of those offers clearly.”

    The matter has been filed in the Federal Court’s Fast Track list, and is listed for a directions hearing on the interlocutory relief at 9.30am on September 16 before Justice Nye Perram in Sydney.





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    Investor – s Business Daily to become a weekly, 20 news jobs to be

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    Investor s Business Daily to become a weekly, 20 news jobs to be cut

    Investor s Business Daily, which has published five days a week since its founding in 1984, will announce next week that it will become a weekly newspaper and will focus its editorial efforts more online.

    The change is expected to take effect on May 2, Talking Biz News has confirmed. The Los Angeles-based newspaper will be put to bed Friday evening and publish early the following week.

    About 20 newsroom jobs will be cut as a result of the change, leaving slightly more than 40 in the editorial side of the newspaper. Additional cuts will be made in other departments.

    IBD has been profitable, but we recognize that readership trends don’t favor daily newspapers, said managing editor Susan Warfel. We’re adjusting our business model now because we want to move from a position of strength and take advantage of the best growth opportunities in our business.

    Warfel said that the newspaper will retain the Investor s Business Daily name because it will publish every day on the Internet.

    At one point, Investor s Business Daily hoped to grow to a subscription base of 700,000 to 1 million. And in 2000, its circulation was above 300,000. But the paper had a circulation or 113,038 in the third quarter of 2015. down from 157,161 in 2013. It had 46,213 print subscribers and 62,372 digital subscribers.

    The newspaper s website, www.investors.com, added a paywall more than a decade ago, and the newspaper believes that the shift to a web focus for most of the week will allow it to improve its profit margins.

    IBD currently attracts over 4 million monthly unique visitors and publishes investment analysis products such as Leaderboard. Several mobile-first product launches are scheduled within the next year.

    The newspaper was started as Investor s Daily by investor and stockbroker William O Neil, who has since endowed a professorship in business journalism at Southern Methodist University. It changed its name to Investor s Business Daily in 1991.

    O Neil was frustrated that he couldn t obtain data about stocks in any other newspaper, including The Wall Street Journal, that he wanted to use to make investment decisions. Investor s Business Daily s stock listings include a proprietary ratings system.

    Its core readers are self-directed investors, especially those who favor growth stocks who take a hands-on approach to their investments rather than leave the decision-making to someone else.

    In 2008, the newspaper won its only Pulitzer Prize. Michael Ramirez. the editorial cartoonist for the newspaper, won the Pulitzer in that category.

    Talking Biz News interviewed Warfel in May 2015 about the paper s operation. Read that interview here .





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    Business Top Stories – ABC News (Australian Broadcasting Corporation) #free #business #software

    #business articles

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    Business Top Stories

    Airbnb regulation concerns

    Sat Sep 03 12:20:21 EST 2016

    A former Tasmanian Liberal minister calls on the Government to back away from regulating the so-called sharing economy.

    Does Australia need lemon laws ?

    Sat Sep 03 06:03:59 EST 2016

    Legal groups are calling for Australia to introduce what is known as “lemon laws” to cover faulty products, including new and used cars.

    BHP boss blasts tax

    Fri Sep 02 23:31:30 EST 2016

    BHP Billiton executive Mike Henry launches a stinging attack on WA Nationals Leader Brendon Grylls’ proposed mining tax.

    Govt funding to board members

    Fri Sep 02 19:48:14 EST 2016

    WA’s Arts Minister approved film funding worth around $1.7 million over three years for production companies owned by members of the Screenwest board.

    ARENA funding

    Fri Sep 02 18:37:45 EST 2016

    Doubts in continued funding to ARENA lead to a two projects being suspended in NSW and WA.

    ASX lower amid US rate hike fears

    Fri Sep 02 18:30:45 EST 2016

    The local market closes three-quarters of a per cent lower, ending a week of losses.

    Overseas funded unit boom

    Fri Sep 02 17:27:29 EST 2016

    An analysis of the banking regulator’s data by UBS shows that foreign banks are the driving force behind the latest phase of the east coast apartment boom.

    Samsung halts exploding battery phone sales

    Fri Sep 02 17:27:29 EST 2016

    Samsung confirms it will halt the sales of its Galaxy Note 7 smartphones after multiple reports of exploding batteries.

    Plans for Uber

    Fri Sep 02 17:16:54 EST 2016

    NT Chief Minister Michael Gunner says he will not change his mind on introducing Uber to the jurisdiction.

    Melania Trump sues news outlets

    Fri Sep 02 15:31:23 EST 2016

    Donald Trump’s wife Melania sues two media outlets that alleged she worked as an escort in the 1990s.

    Tale of two rate cuts

    Fri Sep 02 14:44:05 EST 2016

    When the Reserve Bank cut interest rates by 25 basis points in May, most home borrowers saw the full benefit, but it was a very different story in August.

    CommSec s penalties, refunds

    Fri Sep 02 14:00:30 EST 2016

    CommSec, the brokerage arm of the Commonwealth Bank, pays $700,000 in infringement penalties and voluntarily refunds $1.1 million to more than 25,000 clients.

    Hotel booking shake-up

    Fri Sep 02 13:04:20 EST 2016

    The competition watchdog has reached a deal with travel sites Expedia and Booking.com to allow hotels to provide cheaper rates to customers booking on the phone or through walk-ins, but not on the hotels’ actual website.

    RBA s club MIT

    Fri Sep 02 10:47:07 EST 2016

    The dominance of graduates from the Massachusetts Institute of Technology at the Reserve Bank is further entrenched with the appointment of Guy Debelle as the new deputy governor.

    Hydro leak unresolved: Treasurer

    Fri Sep 02 10:38:48 EST 2016

    Treasurer Peter Gutwein says he is considering his next move over the apparent leaking of a Hydro Tasmania document.

    US markets flat

    Fri Sep 02 08:33:29 EST 2016

    Wall Street finishes flat, with weak oil prices and sluggish factory activity data limiting the markets’ gains.

    Cape Canaveral explosion

    Fri Sep 02 00:10:03 EST 2016

    A SpaceX Falcon 9 rocket explodes on the launch pad at Cape Canaveral in Florida during a test, destroying it and its payload.

    Apple tax bill crap

    Thu Sep 01 19:32:13 EST 2016

    A $19.2 billion back tax bill served on Apple by the European Union is “total political crap”, CEO Tim Cook says.

    Manta ray controls sought

    Thu Sep 01 19:14:36 EST 2016

    Researchers from Murdoch University call for tighter controls over the manta ray tourism industry at Ningaloo reef in Western Australia’s north-west.

    Market close

    Thu Sep 01 17:22:06 EST 2016

    Australian shares close modestly lower as figures showing retail sales remained flat, while business investments fell in July.

    Ausgrid exception not rule

    Thu Sep 01 16:48:04 EST 2016

    Former Liberal treasurer Peter Costello says the Ausgrid takeover rejection should be the exception to the rule, as Chinese investments have “transformed the living standards of every Australian”.

    Chinese cargo ship released

    Thu Sep 01 15:50:00 EST 2016

    A Chinese cargo ship which was arrested and then detained by Australian authorities for more than a month is now free to go.

    Chinese manufacturing stagnates

    Thu Sep 01 14:21:13 EST 2016

    Both official and unofficial measures show China’s once-booming manufacturing sector remains stagnant amid weak global demand.

    Manufacturing slump

    Thu Sep 01 14:04:43 EST 2016

    A downturn in food and beverage production drives a slump in Australia’s manufacturing sector in August, sending a key measure of activity to its lowest point in more than a year.

    Business investment falls

    Thu Sep 01 12:07:35 EST 2016

    Business investment tumbles another 5.4 per cent in the June quarter to be down more than 17 per cent over the year.

    Business

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