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HuaweiTOKYO - Shares of Sony Corp, the inventor of personal music players, slid more than 7 percent on Wednesday after the company more than doubled its annual loss forecast, highlighting the plight of a Japanese TV industry that once dominated living rooms around the world.
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AOL Inc’s months-long auction to sell the majority of its patent trove attracted interest from e-commerce giants Amazon and eBay, which have been largely absent from the recent patent wars.
TOKYO — Japan’s Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.
BlueGold Capital, an oil-focused fund that made headlines in 2008 by calling the peak of the market, is liquidating after four years of trading — the last of which put it at the bottom of commodity hedge fund rankings.
Samsung Electronics posted record quarterly profit of $5.15 billion, driven by booming sales of its smartphones and the Galaxy Note ‘phablet’, which it hopes will show it has a flair for innovation to match rival Apple Inc.
France’s highest court may annul a verdict against oil giant Total over a disastrous 1999 oil spill off Brittany, a legal source with access to the documents in the case told Reuters on Friday.
Gold was broadly steady in thin trade on Friday but was headed for a weekly decline of more than 2 percent as investors were disappointed by the diminishing prospects of monetary stimulus in the United States.
Tomi Marjuaho repaired mobile phones for 10 years in the town of Salo in southern Finland, where Nokia, the world’s top cell phone-maker, set up its wireless operations in the 1980s.
The euro is poised to post its worst week in nearly four months on Friday, languishing a little above a three-week low against the dollar as worries about rising Spanish debt yields show no signs of abating ahead of key U.S. jobs data.
India is not making life easy for itself as it looks to sell-off stakes in state companies to help plug a yawning budget gap, with New Delhi’s own policies battering sentiment towards government enterprises even as it readies more for market.