Japanese high-tech giant Hitachi announced Tuesday a net loss of 82.7 billion yen (870 million dollars) for the fiscal first quarter with sales down heavily amid the economic downturn.
Business
Jul 28, 2009
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India's second-biggest software exporter Infosys announced Friday a better-than-expected 17.2 percent rise in first-quarter net profit, but said global conditions remained challenging.
Business
Jul 10, 2009
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(AP) -- As bad as the technology market fared in the first quarter of this year, the worst may be over, at least in the United States, Forrester Research said in a report Tuesday.
Business
Jun 30, 2009
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(AP) -- Nokia Corp. said Tuesday it will lay off 170 workers worldwide to further cut costs as the global downturn continues to weaken demand in the mobile phone industry.
Business
May 19, 2009
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(AP) -- Nintendo Co. reported an 8.5 percent rise in annual profit as the video game maker shrugged off the global slowdown that has battered other Japanese manufacturers.
Business
May 7, 2009
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Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.
Economics & Business
Apr 16, 2009
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Japanese hi-tech giant Hitachi Ltd. said Monday that it was replacing its president and splitting off its automotive systems and consumer electronics operations as it braces for a massive loss.
Business
Mar 16, 2009
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