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Business 01 Mar 2003 | 12:00 AM Premium

Foreign business briefs

Foreign business briefs including from Paris that Axa cuts dividend.

Business 09 Mar 2009 | 12:00 AM Premium

After 60 years Circuit City closes down, 34,000 jobless

What began 60 years ago as a humble television store in this sleepy Southern capital ended Sunday as Circuit City closed its doors for good - its 567 remaining U.S. stores to be left broom clean and vacant.

Business 31 Jul 2009 | 12:00 AM Premium

Sony aims to break even

TOKYO:b/b>Sony Corp posted a smaller-than-expected quarterly loss, helped by an improvement in its struggling flat TV business, and said it was aiming to beat its official forecast and at least break even for the full year.

Business 20 Dec 2012 | 12:00 AM Premium

Multi-billion-dollar videogame industry came under scrutiny after school shooting

LOS ANGELES: The multi-billion-dollar videogame industry came under scrutiny on Wednesday after Hollywood canceled, postponed or played down a slew of movies and TV shows with violent content in the wake of last week's shooting at a Connecticut elementary school.

Business 08 Feb 2013 | 12:00 AM Premium

Activision rides 'Call of Duty' to strong quarter

NEW YORK: Activision Blizzard Inc's earnings beat Wall Street expectations after its "Call of Duty" game had blockbuster sales over the crucial holiday quarter, helping its shares climb 5 percent.

Business 12 Jul 2013 | 8:17 AM Premium

Ballmer Tightens Grip On Microsoft With Major Revamp

SAN FRANCISCO: Microsoft Corp's sweeping re-organization on Thursday creates a company that, more than ever, bears the stamp of Chief Executive Steve Ballmer.

Business 21 Aug 2013 | 9:03 AM Premium

Sony Says It Has Over 1 Million Preorders For PlayStation 4

COLOGNE, Germany: Sony <6758.T> has had more than 1 million preorders worldwide for its new PlayStation 4 console, the head of its SCE computer entertainment division said on Tuesday.

Business 30 Oct 2013 | 3:51 PM Premium

Japan's Nintendo swings back to profit on weak yen

TOKYO: Ninntendo said Wednesday it swung back to profitability in the six months to September thanks to a sharply weaker yen, but the Japanese videogames giant struggled with tepid sales of its Wii U console.

Business 29 Nov 2013 | 12:00 AM Premium

A mid-career switch looks set to pay off for Sarawakian

After an unexpected turn of circumstances, a gutsy former contracts administrator now earns his daily bread with a sandwich café.

Business 27 Jan 2014 | 4:54 PM Premium

Moody's cuts Sony's credit rating to junk

TOKYO: Moody's cut its credit rating on Sony to junk on Monday, saying the Japanese electronics giant had more work to do in repairing its battered balance sheet.