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Sony shares plunge 12 on ballooning loss forecast
(MENAFN - AFP) Sony shares plunged 12 percent at the open in Tokyo on Thursday after the electronics giant warned it would lose $2.14 billion this fiscal year, more than four times its ....
Iron ore miners battle for survival as 'perfect storm' hits
(MENAFN - AFP) High-cost Australian miners are battling for survival as plunging iron ore prices push many to breaking point, with analysts seeing no significant short-term recovery as Chinese ....
Dow closes at record high after Fed holds policy course
(MENAFN - AFP) The Dow Wednesday closed at a record high after the US Federal Reserve stuck to a plan to begin raising near-zero interest rates only in 2015.The Dow Jones Industrial Average rose ....
Air France pilot strike to enter fourth day as talks sputter
(MENAFN - AFP) Striking Air France pilots dug in their heels Wednesday, rejecting government calls to go back to work and new assurances from management that low-cost operations would not ....
EBRD bank slashes outlook for Russian economy
(MENAFN - AFP) Russia's economy will contract next year as a result of the crisis with Ukraine, the EBRD development bank forecast on Thursday after slashing its prediction for ....
Japan economy shrinks unexpected 1.8 in second quarter
(MENAFN - AFP) Japan's economy shrank more than estimated in April-June, revised data showed Monday, piling pressure on the government to delay another sales tax hike, while the central bank ....
Child mortality drops in 2013 UN
(MENAFN - AFP) The child mortality rate around the world has dropped by nearly half since 1990, the United Nations said Tuesday in its latest report showing a new decrease in 2013.Last year, ....
Canadian student suspended for selling bootleg soda
(MENAFN - AFP) Reaction to a Canadian student's suspension for selling bootleg soda pop out of his high school locker called into question on Tuesday efforts by activists to get kids ....
Legionnaire's disease kills two in Spain
Dovish Fed holds policy unchanged
France is 'sick', says new economy minister
US high-speed trading firm fined $16 mn for low capital
Yelp to pay US fine for child privacy violation
Injection into China banks 'likely first of stimulus measures'
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