Sony Corp said it would postpone the launch of a motion controller, or wireless controlling device, for its PlayStation 3 to the autumn of 2010 from this spring, marking the second delay
Having endured plummeting earnings and a financing squeeze, it is not surprising that many of Asia’s small and medium-sized enterprises (SMEs) are focusing on costs and quality control. But many export-oriented SMEs
The euro slumped to four-month lows on Wednesday as the loss of a crucial support level triggered a wave of selling from investors afraid the single currency was embarking on a sustained
European equities were set to inch higher on Wednesday, adding to a sharp two-day rally, on growing optimism over the corporate earnings season. But the gains could be limited by mounting investor
Minister of Finance Charilaos Stavrakis participated on Tuesday in the first ECOFIN meeting under the Spanish EU presidency, in Brussels, during which the Spanish presidency presented its programme for the ECOFIN Council
2010 may turn out to be the year of the commodity fund. Burnt by the financial crisis of the last two years, money managers are now raising sharply the amount of money
European shares rose in afternoon trade on Tuesday, tracking a stronger Wall Street, with gains in defensive drugmakers offsetting some weakness in autos as investors await the next batch of U.S. corporate
U.S. stocks rose on Tuesday and healthcare shares gained as a Massachusetts election for the U.S. Senate put President Barack Obama's healthcare reform in jeopardy. The S&P Healthcare Index (.GSPA) climbed 1.8
Citigroup Inc posted a $7.6 billion quarterly loss on costs related to TARP repayment and still high loan losses, but the bank's shares edged higher as some investors saw glimmers of hope.
Kraft Foods (KFT.N) agreed a deal to buy Cadbury (CBRY.L) for around 11.9 billion pounds ($19.6 billion), creating the world's top confectioner after frantic last-minute talks broke an impasse over price. Kraft's
