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International
Toshiba reports $102 million quarterly net loss
Sales fell 4.5 per cent from a year earlier to 1.35 trillion yen, the lowest since the quarter ended December 2012, due to a poor performance in television and personal computer businesses.
Latest News
Netflix global push grabs more customers than expected; shares jump
Shares of Netflix rose 7 percent to $115.42 in after-hours trading.
BMW boss Harald Krueger faints at auto show press conference
BMW chief executive Harald Krueger fainted Tuesday during a press briefing at the IAA auto show in Frankfurt, forcing the German carmaker to halt the presentation, an AFP photographer reported.
Toshiba reports $102 million quarterly net loss
Toshiba on Monday reported a first-quarter loss of $102 million after sales fell to a two-and-half-year low, in a fresh blow to the Japanese conglomerate after a huge accounting scandal.
China steps on the gas to spark economy, Aug fiscal spending jumps 26%
China cranked up its fiscal spending by 26 percent in August from a year earlier as Beijing tries to re-energise flagging economic growth and convince reluctant local officials to spend.
GE forms digital unit, says energy management head to retire
GE, which under Chief Executive Jeff Immelt has made a big bet on marrying software and analytics with its industrial products, will bring all of the digital capabilities from across the company into one organisation, it said.
Toyota sees European sales marginally lower in 2015
The Japanese auto group, which counts 56 countries, including Israel and Turkey, as part of its European market, sold 888,000 vehicles in the region last year.
Asian shares tread water as Fed meeting looms
MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading volume at its lowest in a month as markets awaited the Fed outcome.
Oil prices edge up after sharp falls in previous session
Crude prices fell on Monday with the onset of lower demand autumn trading and as weak economic data out of China and soft gasoline prices pressured the market.
Mercedes eyes driverless on-demand limousine service as potential market
Daimler already has car2go, its own car-sharing service which allows subscribers to locate and rent a nearby vehicle from a fleet of Daimler-owned vehicles using a smartphone.
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