(AP) -- Japan's top chipmaker Toshiba Corp. tumbled to a record annual loss amid sinking global demand that has forced it to cut thousands of jobs.
Business
May 8, 2009
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0
Despite the economic slump that has battered the semiconductor business, a new player from the United States' Silicon Valley technology belt is investing billions of dollars in a bid to catch the next wave of growth.
Electronics & Semiconductors
Apr 9, 2009
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Intelligent champagne bottles, "green" USB sticks made of corn and an understanding alarm clock led the parade of fun, futuristic gadgets at the world's biggest high-tech fair.
Consumer & Gadgets
Mar 4, 2009
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Austerity in the U.K. is here to stay. The Bank of England has warned that the country is facing the longest recession since records began, predicting that the economic slump will extend well into 2024. At the same time, ...
Social Sciences
Jan 3, 2023
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The collapse in global oil prices may end up being bad news in the short term for the transition to green energy, as cheaper crude could see more use of cars and aircraft.
Environment
Mar 11, 2020
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12
(AP) -- Panasonic Corp. stayed in the red in the latest quarter and projected a huge annual loss due to slumping TV sales and a strong yen.
Business
Oct 31, 2011
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Asia's business intelligence software market excluding Japan should grow an annual 20.5 percent this year as economies rebound from last year's downturn, a report said Thursday.
Business
Apr 29, 2010
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Japanese electronics and entertainment giant Sony Corp. Thursday announced a third-quarter net profit of 870 million dollars, a result it said "significantly exceeded expectations".
Business
Feb 4, 2010
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(AP) -- Japan's top chipmaker Toshiba Corp. said Wednesday it will end production of mobile phones in Japan due to plummeting demand amid an economic slump.
Business
May 20, 2009
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Japan's ailing IT giant NEC Corp. said Thursday that it would withdraw from a government-backed supercomputer project as part of its efforts to cut costs during the economic slump.
Business
May 14, 2009
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In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
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