TOKYO - Sony Corp's chief executive flagged next year as a make-or-break year for its struggling smartphones, saying it could consider other options for the unit if it failed to turn profitable.
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CHIBA, Japan - Global demand for smartphones is likely to slow in the next fiscal year due to weaker demand from the world's biggest market China, the head of Japanese smartphone component maker Murata Manufacturing Co told Reuters on Wednesday.
BRUSSELS - The EU's highest court struck down a deal that allows thousands of companies to easily transfer personal data from Europe to the United States, in a landmark ruling on Tuesday that follows revelations of mass U.S. government snooping.
- Adobe Systems Inc lowered its profit forecast for 2016 below analyst estimates partly due to a strong dollar, sending its shares down as much as 13 percent in extended trading.
WASHINGTON - The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday. | Video
SAN FRANCISCO - Etsy Inc, the online store that made its name selling handmade crafts, is trying to stop merchants from defecting as giant rival Amazon.com Inc prepares to attack it on its own ground with a new site for artisanal items called Handmade.
- AB InBev makes $104 billion bid for rival brewer SABMiller
- Volkswagen board in crisis talks
- Futures up as oil prices rise for fourth day
- Oil up as U.S. production falls, stockpiles draw
- JPMorgan buys more mortgages from other lenders as market shrinks
- Moody's maintains U.S. credit rating and stable outlook
- Glencore calls on Paris climate summit to adopt coal policy
- Airbus CEO Bregier says deliveries on target
- Volkswagen, Audi say 90,000 Australia vehicles had emissions cheating software
- AirAsia's potential management-led buyout faces headwinds