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.
(AP) -- Sony said it aims to be profitable in gaming and flat-panel TVs by the fiscal year ending March 2011, pushing 3-D technology as a way to showcase its strength in entertainment and surface from deep losses.
(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.
China Mobile, the world's largest mobile phone network operator, said Thursday its profits jumped by 30 percent last year, but warned China's telecoms market faced a tough 2009.
A global economic slowdown and the eurozone debt crisis have curbed government investment in renewable energy, experts warned Tuesday.
Apple on Wednesday announced an alliance with professional services group Deloitte to get more businesses using iPhones and iPads as workplace tools.
India's third-largest software group Wipro on Tuesday reported a 19-percent rise in net profit and forecast improving demand, underscoring new optimism in the sector.
Renault-Nissan's CEO says the automaker did not cheat on its emissions technology in its cars, 15,000 of which it is recalling in Europe because they spew out excessive levels of harmful gases.
India's Infosys Technologies said Wednesday its consolidated net profit for the fiscal fourth-quarter rose 29 percent from a year earlier, but fell sequentially due to the global slowdown.
A slowdown in warming that has provided fuel for climate sceptics is one of the thorniest issues in a report to be issued by UN experts on Friday.