To teach your child about money matters, firstly give him/her a certain amount of money to handle . Give him/her a specific amount of pocket money: To teach your child about money matters, firstly give him/her a certain amount of money to handle. Make sure it’s given for a task well done or for being obedient. Don’t just give them money as and when they demand it. Not only will this teach... 

Apple announced Monday it will spend part of its massive cash hoard to pay its first dividend since 1995, and trumpeted that it had sold three million new iPads on the opening weekend. Apple also revealed plans to buy back $10 billion in shares while still adding to the billions it has in its coffers. “The new iPad is a blockbuster with three million sold—the strongest iPad launch yet,” said... 

Airbus and six European airlines have written to several European leaders to attack the carbon tax imposed by the European Union, a source close to the dossier says. Plane maker Airbus, British Airways, Virgin Atlantic, Lufthansa, Air France, Air Berlin and Iberia have written to the leaders of Britain, France, Germany and Spain to warn them about its economic consequences, said the source. They argued... 

Online business is playing an increasingly powerful role in national economies and is projected to account for $US4.2 trillion of the Group of 20 nations’ total gross domestic product by the year 2016. The “Internet economy” will grow at a rate of eight per cent annually in developed countries and more than twice that in developing markets, according to a study released on Monday... 

Canada’s economy slowed in the fourth quarter, posting an annualised growth rate of 1.8 per cent following a revised 4.2 per cent increase in the previous quarter, Statistics Canada said. This brought the gross domestic product for the year to 2.5 per cent, the government agency said, slightly higher than the central bank’s forecast of 2.4 per cent. In the last three months of 2011, consumer... 

The salaries of the 70 top Fannie Mae and Freddie Mac executives will be limited to $US500,000 ($471,560) per year and their annual bonuses eliminated amid pressure from Congress to stop the big payouts. The pay and bonus structure of the US government-controlled mortgage giants came under fire this autumn after it was revealed that 12 executives got $US35.4 million in salary and bonuses in 2009 and... 

If inflation is a dragon that must be slain, China’s Premier Wen Jiabao has shown he is willing to sacrifice a part of the country’s most vital asset to do so – growth. Cutting China’s 2012 economic growth target to 7.5 per cent at the start of the annual meeting of parliament last week says clearly that too rapid an expansion makes inflation too tough to contain, given the... 

Apple’s market capitalisation has topped $US500 billion for the first time, cementing its lead as the world’s most valuable business and reaching heights not seen by any company since the last recession. The shares gained 1.3 per cent to $US542.44 at 9:30 a.m. New York time, bringing its market value to $US505.8 billion. Apple has risen 34 per cent in 2012, following gains in each of the... 

Wal-Mart raised its annual dividend by 8.9 per cent on Thursday, as momentum in the company’s key Walmart US chain has rebounded. The increased payout comes as the world’s largest retailer works on balancing its need to invest in growing its business with the desire to attract shareholders who have seen Wal-Mart miss out during the broad market rally. “Part of the reason that people... 

Germany’s budget deficit dropped sharply to 1 per cent of gross domestic product last year – putting Europe’s biggest economy well under the permitted limit for countries that use the euro. The Federal Statistical Office on Friday confirmed an initial deficit estimate it gave in early January. Last year’s low deficit followed two years in which Germany exceeded the 3 per cent stipulated...