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(MENAFN - AFP) Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its entertainment unit in a bid to boost profits in its core business.

Hirai told a press conference board members have started discussing the idea raised by key shareholder Daniel Loeb, whose investment fund Third Point suggested spinning off as much ...

 

(MENAFN - AFP) Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its entertainment unit in a bid to boost profits in its core business.

Hirai told a press conference board members have started discussing the idea raised by key shareholder Daniel Loeb, whose investment fund Third Point suggested spinning off as much ...

 

(MENAFN - AFP) Italian lawmakers on Wednesday gave their final approval to a law that allows limited use of a controversial type of stem cell therapy which has been condemned by many scientists but has given hope to families of terminally-ill children.

The law gives the go-ahead for therapy being carried out by the Stamina Foundation on dozens of patients to continue, ...

 

(MENAFN - AFP) Italian lawmakers on Wednesday gave their final approval to a law that allows limited use of a controversial type of stem cell therapy which has been condemned by many scientists but has given hope to families of terminally-ill children.

The law gives the go-ahead for therapy being carried out by the Stamina Foundation on dozens of patients to continue, ...

 

(MENAFN - AFP) A Japanese cancer specialist said Wednesday she has started the world's first clinical trial of a powerful, non-surgical, short-term radiation therapy for breast cancer.

The National Institute of Radiological Sciences has begun the trial using "heavy ion radiotherapy" which emits a pinpoint beam that can be accurately directed at malignant cells, said Kumiko ...

 

(MENAFN - AFP) A Japanese cancer specialist said Wednesday she has started the world's first clinical trial of a powerful, non-surgical, short-term radiation therapy for breast cancer.

The National Institute of Radiological Sciences has begun the trial using "heavy ion radiotherapy" which emits a pinpoint beam that can be accurately directed at malignant cells, said Kumiko ...

 

(MENAFN - AFP) World number one platinum producer Anglo American Platinum may cut fewer than the 6,000 jobs announced earlier after talks with the South African government and unions, it announced Wednesday.

The parties have "agreed on measures and mitigation plans that will preserve jobs," the firm said in a statement.

The company announced 6,000 lay-offs two weeks ...

 
...
 

(MENAFN - AFP) Taiwan's United Microelectronics Corporation (UMC), a leading microchip maker, Wednesday said it has spent $110 million setting up a research and development unit in Singapore.

The unit will undertake R&D collaborations with local research institutes, such as Singapore's Institute of Microelectronics, the company said in a statement.

UMC is the ...

 

(MENAFN - AFP) British retail sales slid unexpectedly last month amid cold spring weather, official data showed on Wednesday.

Retail sales sank by 1.3 percent in April from March, the Office for National Statistics (ONS) announced in a statement.

Market expectations had been for a rise of 0.1 percent, according to a survey by Dow Jones Newswires.

Retail sales ...

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