Egypt breaks ground for $108-m refrigerator factory
Egypt’s Minister of Industry and Transport Kamel El-Wazir has laid the foundation stone for a new refrigerator and…
Browsing Tag
Sharp
Japan’s Sharp posts 37% decline in annual profits
Japan’s Sharp Corp, an Apple Inc supplier, reported a 37 percent decline in annual operating profits and refrained…
Europe ends in the red as commodities slide; earnings and data shake up sentiment
European stocks finished Tuesday's trading day in negative territory, as a sharp decline in commodities weighed on…
US crude oil settles at $47.48 per barrel, down over 3%
Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful…
Xiaomi says shrinking smartphone sales won’t hit the company
Sharp drops in smartphone sales for China's Xiaomi Inc will not have a major impact on the company as profit growth…
Asian stocks at three-week lows on weak China data; dollar strong
Asian stocks stumbled to three-week lows and U.S. stock futures and Treasury yields fell after China's September…
Sharp to cut workforce in large-scale turnaround push by its new CEO
Sharp Corp. will implement a large-scale corporate restructuring to achieve profitability, with the hope of…
Orange profits upfollowing EE sale
France's largest telecoms company Orange SA on Tuesday reported a sharp rise in first-half net profit mainly due to…
Bank of England sees no clear evidence of sharp Brexit hit yet
The Bank of England said it saw "no clear evidence" that a sharp economic slowdown was yet under way after last…
Cloud business pushes up Microsoft’s quarterly revenue, shares rise
Sharp growth in its commercial cloud computing business helped lift Microsoft Corp's quarterly revenue above Wall…
Sharp fall in asylum seekers arriving in Germany: ministry
The number of people seeking asylum in Germany fell sharply in the first half of the year as tougher rules at home…
Gold rush to end whether or not Britain votes to exit EU
Gold's sharp gains on uncertainty over Britain's European Union membership are likely to come to an end, regardless…
Nikkei rises before US jobs data, Fast Retailing shines on solid sales
Japanese stocks rose on Friday in thin trade, supported by gains on Wall Street and a sharp jump in index-heavy…
Crude oil prices take a breather after hitting 2016 highs
Crude futures pulled back from 2016 highs on Thursday as traders locked in profits after April's sharp rally, but…
Citigroup’s Q1 results suggest tough year ahead
Citigroup Inc (C.N) reported a sharp decline in quarterly profit on Friday, hit by weak revenue, costs related to…
Peabody, world’s top private coal miner, files for bankruptcy
Peabody Energy Corp (BTU.N), the world's largest privately owned coal producer, filed for U.S. bankruptcy…
Foxconn- Sharp deal signed for $3.5 billion
Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control…
Foxconn to lessen offer for Sharp by around $900 million: Jiji
Taiwan's Foxconn is likely to reduce its capital injection into embattled Japanese electronics firm Sharp Corp…
China stocks incurs sharp losses, oil still shaky
Sharp losses in Chinese stocks pulled Asian equities further away from two-month highs on Wednesday as weak trade…
Asian shares hit two-month high after solid U.S. job growth
Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data,…
MPs call for banning dollar trading outside banks
Members of the Egyptian parliament said the sharp rise in the price of the dollar against the Egyptian pound…
Greek parliament approves austere budget for 2016
The Greek parliament approved a 2016 budget featuring sharp cuts in spending and some tax increases to satisfy the…
FOREX-Dollar nurses sharp losses after weak U.S. sales figures
The dollar wallowed around seven-week lows against a basket of currencies in Asian trading on Thursday, after weak…
First 8K TV screen to be put on sale by Sharp in October
Sharp has announced plans to sell an 8K television screen from October. Although several companies have developed…
Asia stocks take heart from Wall Street rally
Asian stocks rose on Thursday as a sharp rebound on Wall Street eased fears of a protracted global market rout,…
Japan’s Sharp in LCD tie-up talks with Taiwan’s Hon Hai
Japan's Sharp Corp is in talks with Taiwan's Hon Hai Precision Industry Co for a tie-up in its struggling…
Japan’s Sharp, banks near US$1.7 billion Bailout Deal: source
Japan's Sharp Corp and its main banks are set to agree Thursday to a $1.7 billion rescue and restructuring plan…
Sharp Mulling Sale of U.S. Solar Energy Unit: Bloomberg
Sharp Corp (6753.T) is looking to sell its U.S.-based solar energy development unit Recurrent Energy, Bloomberg…
Apple Supplier Sharp To Boost Samsung Business In Bid To Stay Viable
Sharp Corp, Japan's leading maker of liquid crystal displays, will rely on expanding supplies of small panels to…
Sharp Rises as Foxconn to Start Buying Panels Early
Sharp Corp. (6753) rose to its highest in a month after saying Foxconn Technology Group, which has agreed to invest…
Sharp Forecasts to Record Full-Year Loss of $4.7bln
Tokyo Japanese electronics giant Sharp said Tuesday it would report a record full-year loss of $4.7 billion, as the…
Nikkei Posts 7th Day of Losses, Sony Tumbles
Japan's Nikkei share average dropped 0.8 percent on Wednesday to mark its seventh consecutive session of losses as…