Saturday, October 25, 2014   

Panasonic back in profit
(02-04 14:57)

Panasonic said Tuesday it swung to a nine-month net profit of US$2.4 billion thanks to the yen's sharp decline and cost cutting as the Japanese electronics giant undergoes a painful restructuring.
The company's 243.0 billion yen net profit between April and December reverses a net loss of 623.8 billion yen in the same period a year ago, while sales came in at 5.68 trillion yen, up 4.4 percent. --AFP
   
Other Business breaking news:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

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