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Sony sees sharp fall in quarterly loss to $115 mn
9 Feb 2013 5:18 AM ISTSony Corp. is still struggling but managed to reduce its red ink for the latest quarter as the Japanese electronics and entertainment company aims for...
Toyota zooms in GM home USA, expects to triple annual profit
6 Feb 2013 5:38 AM ISTToyota Motor Corp raised its fiscal year profit forecast on Tuesday to triple what it eked out for the disaster-struck previous year, as the world's...
PC giant Dell to go private in $24.4 billion buy-out
6 Feb 2013 5:34 AM ISTSlumping personal computer maker Dell is bowing out of the stock market in a $24.4 billion buyout that represents the largest deal of its kind since...
Obama to campaign for gun proposals in US state
6 Feb 2013 5:21 AM ISTPresident Barack Obama will pitch his proposals to stem gun violence on Monday in Minnesota, a Democratic-leaning state where officials have been...
Jet Airways suitor Etihad’s net profit tripled in 2012
5 Feb 2013 6:27 AM ISTAbu Dhabi's Etihad Airways says net profit tripled last year as the fast-growing carrier added routes and code-share arrangements in its expanding...
Smartphones, tablets up Lenovo profit
1 Feb 2013 5:26 AM ISTPersonal computer maker Lenovo Group on Wednesday said its quarterly profit rose by 28 percent as sales of smartphones and tablets surged but warned...
UN rights chief alarmed over violence in Egypt
30 Jan 2013 3:54 PM ISTThe UN’s top human rights official is expressing alarm at the spreading violence and rising number of deaths in Egypt, saying the government must...
Probe shifts to maker of monitoring system
29 Jan 2013 5:32 AM ISTThe joint US and Japanese investigation into the Boeing 787’s battery problems has shifted from the battery-maker to the manufacturer of a monitoring...
Holocaust victims mourned at Auschwitz
28 Jan 2013 6:59 AM ISTHolocaust survivors, politicians, religious leaders and others are marking International Holocaust Remembrance Day with solemn prayers and the now...
‘Don’t abandon us after 2014’
16 Jan 2013 6:26 AM ISTAfghanistan’s defence minister expressed optimism on Tuesday that the United States will not abandon his country after foreign combat troops leave...
Coke to address obesity for first time in ads
15 Jan 2013 7:58 AM ISTCoca-Cola became one of the world's most powerful brands by equating its soft drinks with happiness. Now, for the first time, it's addressing a...
Toyota retakes world auto sales crown from GM
15 Jan 2013 6:40 AM ISTJapanese company Toyota has dethroned American giant General Motors (GM) as the world’s top-selling automaker. Toyota sold 9.7 million cars and ...