Selected business extracts

1. The launch of Apple’s much –written about new iPhone turned into an IT meltdown as customers were unable to get their phones working in-store.
2. Tata Steel is looking at acquiring an iron ore mine in Western Australia. The region has huge reserves of iron ores. Western Australia is a global supplier of minerals and petroleum products. .
3. Credit card debts may lead to plastic meltdown. Credit counselors and financial analysts in the US and the UK are seeing evidence that credit card debts are increasing. The debt-soaked consumers in these countries are struggling to pay the minimum monthly repayments. Across the world, some wherebetween US$2-3 trillion is owed on credit cards. In America, more than a trillion dollars is held on credit cards!