Category: Business
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Tech Giant IBM Needs Giant Turn Around
This month’s quarterly financial results reveal the slow decline of IBM under current CEO Ginni Rometti. What was once one of America’s leading companies and most powerful corporations, is now seeing a flatlining failed attempt to increase revenue since peaking in 2011 at £107bn. The good news is that revenues grew for the second quarter…
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Jordan Peterson asks “Why should you wear makeup in the workplace”
Jordan Peterson came under significant fire for what was eventually revealed to be a heavily edited video by Vice in which he proposes a thought experiment regarding the use of makeup in the workplace. Jordan Peterson has become one of the most influential and recognized intellectuals in the media at the moment after his best…
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Manly Council urged to rename suburb “Womanly” for international Women’s day
Today a group of Sydney Business women and two local councillors gathered at Manly beach in preparation for International women’s day. Their request was a simple yet gentle message for the hierarchy, for just 24 hours, to rename Manly to “WoManly” The gathering was organised by architect Luisa Manfredini, who also founded the WoManly Community…
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Optus Business signs partnership with NICE inContact
Optus Business has partnered with NICE inContact to deliver NICE inContact CXone™, the company’s cloud-based, customer experience software throughout Australia. NICE inContact CXone™ improves a company’s ability to capture real-time information across the channels which customers use to contact a business, including online, instore and mobile. This enables a business to interact with customers seamlessly…
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Loan options diversify for small businesses
Getting a loan for a small business has been difficult in recent years since the GFC. However, the options for business loans, especially for small businesses, have diversified. With increased loan options, an awareness of strategies to use with banks, and access to investors, your chance of getting a loan to start, grow, or even…
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Cigarette company Philip Morris to pay millions
Cigarette company Philip Morris has been ordered to pay millions of dollars in legal fees to the Federal Government. The decision follows the six-year long legal battle over the plain packaging laws implemented by the Gillard government in 2o11. Phillip Morris, the manufacturer of Marlboro and Longbeach cigarettes, argued that the laws should be invalidated…
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Domino’s to cut costs with smaller pizzas and Pepsi
A report commissioned by Deutsche Bank has revealed that Australian company Domino’s Pizza Enterprises are introducing smaller pizzas in an attempt to cut costs. During a briefing on Thursday, analyst Michael Simotas said: “Domino’s is planning to reduce the size of its pizzas to provide additional cost relief.” The strategy would be trialled ahead of the…
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Amazon set to hit Australian shores at the end of 2018
Amazon is due to hit Australia, but not anytime soon. The Seattle-based online retailer is expected to launch in Australia by the end of 2018. Although it will take some time to arrive, the one-stop online shop for consumers has grander ambitions in Australia than previously expected. Brittain Ladd, Amazon’s former global logistics manager, has revealed that…
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Unemployment rate drops to 5.5% as jobs rise
The national rate of unemployment fell 0.2% to a final figure of 5.5% for the month of May, exceeding market expectations of the rate remaining steady through the month. The rate of job creation for the month of May also exceeded expectations, with the 42,200-strong rise in full-time jobs far outstripping the predicted 10,000 rise.…
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Telstra confirms 1, 400 job cuts to save costs
Telstra has officially confirmed that around 1, 400 jobs are to be cut across Australia over the next six months as part of a large-scale cost-saving effort by the telecoms giant. Telstra CEO Andy Penn has blamed “the increased competitive dynamics of the market and the acceleration of the rollout of the NBN (National Broadband Network)”…