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Sony forecasts annual loss of $2.9bn

Japan’s electronics company doubles annual net loss forecast amid weak TV sales, strong yen and natural disasters. Sony, Japan’s ailing electronics company, has said it

London is now the worst place in the world to do business, say top bankers in wake of bonuses row

Government accused of joining ‘anti-business bandwagon’ Nicola Horlick warns demonising the banks will ‘kill off the golden goose’ that saved the country The continuing storm

Jobless rate at three-year low as payrolls surge

(Reuters) – The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near

Sony’s Stringer steps down as president, CEO

TOKYO — Troubled Japanese tech giant Sony’s president and CEO Howard Stringer is to step down, the firm said Wednesday as it looks to staunch

P&G To Lay Off 1,600 After Discovering It’s Free To Advertise On Facebook

Reality appears to have finally arrived at Procter & Gamble, the world’s largest marketer, whose $10 billion annual ad budget has hurt the company’s margins.

World stock markets end a tumultous year well down

World stock markets have rounded off a wild and difficult year. The UK FTSE 100 fell 5.6% in 2011, while the French and German markets

Eurozone unemployment hits new record

Unemployment in the eurozone hit a record high at the end of last year, the Eurostat agency has said. The jobless rate in the 17

Steve Jobs Kept A Letter From Bill Gates By His Bed As He Was Dying

Bill Gates wrote Steve Jobs a letter as he was dying, reports The Telegraph.   The letter ended up meaning so much to Jobs that

UN: World needs 600 million new jobs

UN labour agency says global economy needs to generate 40 million jobs a year for next decade to tackle unemployment.   The International Labour Organisation

World Economic Forum Davos 2012: Social media like Twitter taking WEF debates to broader global audience

Roth president of Juso of Swiss Social Democrats destroys snow-built letters WEF beside igloo of Occupy WEF movement at camp site in Davos   DAVOS:

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