The manufacturing sector in US islikely stalled for a second straight month in August as the persistent housing slump and tight credit conditions crimped the overall business climate. However, strong overseas demand
Mobile phone maker Nokia said on Tuesday it would launch its "Comes with Music" package with an offering in Britain, signing a deal with Carphone Warehouse to sell the first model. A
Sony Corp's game unit said on Tuesday it would launch the latest model of its PlayStation Portable (PSP) handheld machine on October 16 in Japan to better compete with Nintendo Co Ltd's
State-owned Korea Development Bank (KDB) confirmed on Tuesday it was in talks with Lehman Brothers over a possible joint investment in the U.S. bank with other Korean banks, sending local banking shares
Alcatel-Lucent named its new top management on Tuesday as Philippe Camus, a former key executive at planemaker Airbus's parent EADS, and Ben Verwaayen, the former head of British Telecom. The world's biggest
French utility group GDF Suez said on Tuesday it would buy U.S. electricity provider FirstLight Power Enterprises. GDF gave no financial details in a statement, but according to industry sources quoted by
British mobile software company Symbian reported a sharp slowdown in second-quarter growth on Tuesday, as the global economic slowdown hit multimedia phone demand and just a few new models reached the market.
Oil extended losses toward $111 on Tuesday after Hurricane Gustav eased before slamming into the U.S. Gulf Coast, pushing up the U.S. dollar to a 7-month high against the euro and causing
Microsoft Corp will slash the price of its Xbox 360 game console in Japan by about 30 percent, below Nintendo Co's Wii and Sony Corp's PlayStation 3 in a bid to boost
Oil fell on Monday as concerns that Hurricane Gustav would cause severe damage to the U.S. oil sector eased as the storm failed to pick up strength as it barrelled toward the
