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HuaweiBritain’s kept its AAA grade with a stable outlook at Standard & Poor’s as the ratings company disagreed with Moody’s Investors Service and Fitch Ratings on the risks to the government’s ability to pay its debts.
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Singapore’s central bank tightened its monetary policy Friday by allowing for a stronger currency to combat the island’s stubbornly high inflation rate.
Google improved its short-term finances even as it seeks to preserve its long-term interests.
TOKYO - Shares of Sony Corp, the inventor of personal music players, slid more than 7 percent on Wednesday after the company more than doubled its annual loss forecast, highlighting the plight of a Japanese TV industry that once dominated living rooms around the world.
AOL Inc’s months-long auction to sell the majority of its patent trove attracted interest from e-commerce giants Amazon and eBay, which have been largely absent from the recent patent wars.
TOKYO — Japan’s Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.
BlueGold Capital, an oil-focused fund that made headlines in 2008 by calling the peak of the market, is liquidating after four years of trading — the last of which put it at the bottom of commodity hedge fund rankings.
Samsung Electronics posted record quarterly profit of $5.15 billion, driven by booming sales of its smartphones and the Galaxy Note ‘phablet’, which it hopes will show it has a flair for innovation to match rival Apple Inc.
France’s highest court may annul a verdict against oil giant Total over a disastrous 1999 oil spill off Brittany, a legal source with access to the documents in the case told Reuters on Friday.
Gold was broadly steady in thin trade on Friday but was headed for a weekly decline of more than 2 percent as investors were disappointed by the diminishing prospects of monetary stimulus in the United States.