Last updated: January 10, 2014

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Finance news you need to know

VOLVO reports a sales boost and the ECB opts to keep rates on hold. Here are the global finance stories you need to know today.

$A higher ahead of US jobs data

$A higher ahead of US jobs data

THE Australian dollar is a little bit higher, trading in a tight range ahead of the release of US employment figures early on Saturday morning, Australian time.

Aussie market set to open lower

Aussie market set to open lower

THE Australian market looks set to open lower after US and European markets lost ground overnight.

  1. Dow Jones
    0.0
    0.0
    at 17:00
  2. Oil
    -0.67
    91.66
    at 13:30
  3. ASX 200
    -10.5
    5313.9
    at 13:30
  4. AUD/USD
    +0.03
    88.96
    at 13:30

ASX200 - Top Gainers & Losers at 01:15PM

CodeNamePricePercent
IRI Integrated Rese.. 119.5 13.2702%
ABU ABM Resources NL 2.6 13.0435%
NEN Neon Energy Lim.. 7.3 -74.386%
LSA Lachlan Star Li.. 18.0 -14.2857%

The car that will dob drowsy drivers

The car that will dob drowsy drivers

MEET the car you can drive with your eyes closed. This Audi sedan will slam the brakes and call the police if you fall asleep at the wheel.

McDonald's sorry after banning teens

McDonald's

A LONDON McDonald's has been forced into an embarrassing back flip after trying to ban teenagers from their restaurant at night.

Watson supercomputer starts business

Man vs Machine

IBM is investing over $US1 billion to give its Watson supercomputer its own business division and a new home in the heart of New York City.

Qantas downgraded to junk status

Qantas

QANTAS Airways credit rating has been downgraded in the wake of last month's flagging of a financial loss and job cuts.

Big W joins Aldi, removes 'racist' shirts

Big W joins Aldi, removes 'racis...

UPDATE: BIG W have joined Aldi in recalling a range of Australia Day t-shirt designs that were deemed "culturally insensitive" and "inflammatory". But that's not all - they also got the date wrong.

Google cops $204k fine over privacy

Google cops $204k fine over privacy

FRENCH authorities have fined the tech giant the maximum penalty for failing to comply with their rules on collecting personal data.

Lap dancers 'kidnap' their nightclub boss

THREE lap dancers allegedly kidnapped their nightclub owner boss after he refused to pay them because they "broke the rules" by taking off their clothes.

'My hellish job almost broke me - so I quit'

'My hellish job almost broke me - s...

LEAVING work at 2:30am during Christmas party season was the last straw for Karren. She quit her 60 hour a week job and has never looked back.

Is this the best work perk ever?

Is this the best work perk ever?

SANDWICHED into a crowded train carriage? One company has provided the best perk ever, 83 foot catamarans to ferry their workers in style.

Making family life work for mums

Making family life work for mums

THE secret to a happy family life is for mums to go to work for two to three days a week and no longer.

TED Talk used to slam TED Talks

TED Talk used to slam TED Talks

NOW here's an idea worth spreading. A professor has used his TED Talk to trash the entire concept, describing them as 'megachurch, infotainment.'

Finance Deals

Borrow up to 80%, variable rate

Get 0% p.a. on balance transfers

Online sales push towards $15b

Black Friday online

AUSTRALIAN online retail sales grew by more than 10 per cent in the 12 months to November and are likely to grow even faster this year.

Aussie trade balance in the red

Aussie trade balance in the red

AUSTRALIA'S trade balance stayed in the red in November, with a deficit of $118 million, official figures show.

ACCC urges government to flog assets

ACCC urges government to flog assets

MEDIBANK Private and Australia Post should be sold off and run as private companies, the ACCC has told the government.

Robot can build a house in hours

THERE are robot vacuum cleaners and robot mops to help us around the house, so why not a robot to build our homes? Wait no longer.

Inside Branson's $28,000 a night tent hotel

Inside Branson's $28,000 a night te...

SIR Richard Branson's latest property play is the ultimate tent city where guests can enjoy views, spa treatments and unlimited champagne - but it'll cost them!

Low rates drive house approvals

SURGE in house building approvals is an encouraging sign of economic growth ahead, as low interest rates continue to stimulate the property sector.

The floating palace no one wants

The floating palace no one wants

FOR those who want Monaco wherever they go, a super ship designed to mimic the billionaires' playground is looking for an owner.

The bunkers of billionaires

The bunkers of billionaires

PARANOIA is the new black, with home features that protect rich residents from horrid happenings. Panic rooms have now gone sci-fi.

Why every single Norwegian is filthy rich

NORWAY is a notoriously expensive place to live, but it does have some redeeming financial qualities. For instance, every single Norwegian is a millionaire. Let us explain how.

Supermarkets shake up insurance war

CONSUMERS have avoided hefty insurance premium rises and benefited from the nation's supermarket giants expanding into the industry.

Trio set to launch hi-tech toaster

THREE Adelaide entrepreneurs have developed a hi-tech toaster that may be the best thing since sliced bread.

Nominate your favourite business

Nominate your favourite business

AUSTRALIANS are being encouraged to help recognise hardworking small and medium businesses by nominating them in the Telstra Business Awards.

Cheeky bum burger advertisement banned

Cheeky bum burger advertisement banned

THE controversial magazine ad showing the contents of a burger in between a woman's bottom has been banned by the Advertising Standards Board after community uproar.

Online niche product owners thrive

Online niche product owners thrive

AUSTRALIA'S craftiest small business owners are bucking the trend of high business failure rates by starting online with a niche product.

Bosses fear new bully dob-in laws

Bosses fear new bully dob-in laws

BOSSES fear staff blackmail over new powers imposed by the former Labor government for workers to dob in an office bully.

How to grow your wealth in 2014

How to grow your wealth in 2014

AUSTRALIANS hoping to fatten their fortunes in 2014 will need to tighten their spending and give themselves a budget makeover.

Aussies have fattest nest eggs

Aussies have fattest nest eggs

AUSTRALIAN super fund members can toast themselves to the best returns on their retirement savings in 13 years.

Retiring in style ... we're dreaming

Retiring in style ... we're ...

INDUGLING in exotic foods, frequently travelling and buying new cars is what many Australians expect to do in retirement despite being unable to afford it.