Archive: 02/7/2013

Fujitsu plunges into huge loss, eyes job cuts

Japan's Fujitsu said Thursday it lost almost $1.0 billion in the nine months to December and was looking into slashing 5,000 jobs worldwide as it struggles to compete with cheaper overseas competition.

dateFeb 07, 2013 in Business
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Sony April-December loss shrinks 75%

Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent on-year and added that it remains on track to achieve its forecast of a full-year profit.

dateFeb 07, 2013 in Business
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China plans stricter fuel standards after smog

China has announced stricter motor fuel standards in a bid to reduce harmful emissions after smog blanketed much of the country last month—but the measures will not come fully into force for almost five ...

dateFeb 07, 2013 in Environment
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