Edition:
United States
Pictures | Fri Nov 23, 2012 | 4:46am EST

Sony at greater risk than Panasonic in electronics downturn: Fitch

A Sony PlayStation 3 gaming console is displayed at an electronics shop in Tokyo, in this August 17, 2011 file photo. Ratings agency Fitch said on November 22, 2012, it was cutting the debt ratings of consumer electronics makers Sony Corp and Panasonic Corp to junk status, citing weakness in their business. REUTERS/Kim Kyung-Hoon/Files

A Sony PlayStation 3 gaming console is displayed at an electronics shop in Tokyo, in this August 17, 2011 file photo. Ratings agency Fitch said on November 22, 2012, it was cutting the debt ratings of consumer electronics makers Sony Corp and...more

A Sony PlayStation 3 gaming console is displayed at an electronics shop in Tokyo, in this August 17, 2011 file photo. Ratings agency Fitch said on November 22, 2012, it was cutting the debt ratings of consumer electronics makers Sony Corp and Panasonic Corp to junk status, citing weakness in their business. REUTERS/Kim Kyung-Hoon/Files
Close
1 / 2
Sony and Panasonic TV sets are displayed at an electronic shop in Tokyo June 22, 2012. REUTERS/Kim Kyung-Hoon

Sony and Panasonic TV sets are displayed at an electronic shop in Tokyo June 22, 2012. REUTERS/Kim Kyung-Hoon

Sony and Panasonic TV sets are displayed at an electronic shop in Tokyo June 22, 2012. REUTERS/Kim Kyung-Hoon
Close
2 / 2

Next Slideshows

RIM shares rally as optimism about new devices grows

TORONTO (Reuters) - Shares of Research In Motion Ltd surged 17.3 percent in Toronto on Thursday on rising optimism around RIM's soon-to-be-launched BlackBerry...

Nov 22 2012

Orange launches smartphone app for free calls, texts

HELSINKI (Reuters) - Orange, the mobile brand of France Telecom, launched a global free calling and texting application on Thursday, in direct competition with...

Nov 22 2012

Fitch cuts Sony, Panasonic debt ratings to "junk" status

TOKYO (Reuters) - Ratings agency Fitch downgraded the debt ratings of Japan's Sony Corp and Panasonic Corp to "junk" status citing weakness in their consumer...

Nov 22 2012

Australian tax crackdown to target Google, other multinationals

CANBERRA (Reuters) - Australia released draft revisions to tax laws on Thursday, which it said were designed to stop big firms, including the local arm of...

Nov 22 2012

MORE IN PICTURES

Earthquake rattles Mexico City

Earthquake rattles Mexico City

The death toll is rising after a major earthquake of magnitude 7.1 struck central Mexico, toppling buildings in the heavily populated capital where rescuers searched frantically for survivors under the rubble.

Hillary Clinton's book tour

Hillary Clinton's book tour

The former Democratic presidential candidate promotes her new book, "What Happened".

Inside the U.N. General Assembly

Inside the U.N. General Assembly

World leaders from 193 member states gather for the global body's annual meeting.

Hurricane Maria slams Caribbean

Hurricane Maria slams Caribbean

Hurricane Maria is the second major storm to hit the Caribbean this month.

London Fashion Week

London Fashion Week

Backstage and collection highlights from London.

Trump addresses U.N. General Assembly

Trump addresses U.N. General Assembly

President Donald Trump addresses the 193-member body of the United Nations for the first time.

Countdown to German election

Countdown to German election

On the campaign trail as as Germans prepare to go to the polls.

Russian war games rattle West

Russian war games rattle West

Russia's biggest war games since 2013 have the West looking on nervously.

Today in Sports

Today in Sports

Our top sports photography of the day.

Trending Collections

Pictures

Podcast