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Saturday, January 24, 2015
Sony said Friday it was asking Japanese regulators for permission to delay the release of its earnings next month after a
DreamWorks Animation said Thursday it is reducing the number of films it produces each year from three to two and cutting 500 jobs as it tries to improve its profitability.
Adidas, the German maker of sportswear and equipment, said Friday it met its 2014 targets, but earnings were hit by special factors such as the falling ruble and the sale of its Rockport brand.
A U.S. grand jury indicted Thursday an executive of Takata, the Japanese auto parts company accused of producing faulty airbags, with price-fixing in the auto seat belts market.
The European Central Bank's (ECB) bond-buying “bazooka” fired global stock markets higher on Friday, but sent the euro diving to a new 11-year dollar low.
The euro was under pressure in Asian trade after sinking to its lowest level in more than a decade following the European Central Bank's (ECB) launch of a vast bond-buying program aimed at kick-starting the eurozone economy.
Australian miner Arrium Friday said it was shutting one of its iron ore operations with 580 jobs set to be lost, as plunging commodity prices continue to hurt higher-cost producers.
Southwest Airlines Co.'s fourth-quarter net income slipped 10 percent due to the effect of fuel-hedging contracts that lost value as oil prices tumbled, but the company's results beat Wall Street expectations.
Friday, January 23, 2015
ECB deploys quantitative easing against deflation
The European Central Bank (ECB) on Thursday unveiled plans for a massive program of bond purchases to avert the threat of deflation in the euro area.
Chunghwa Telecom Co. (中華電信), Taiwan's largest carrier, teamed up Thursday with local computer maker Acer Inc. (宏碁) to jointly develop a cloud computing-based telecommunications platform for enterprises.
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