Big Business

Shareholders walk past Sony Corp. signage as they arrive for the company's annual general meeting in Tokyo, Japan, on Thursday, June 19, 2014. Sony, Japan's No. 1 TV maker, unexpectedly forecast a 50 billion-yen net loss this year as slumping demand for its sets and video cameras was compounded by the costs of restructuring and exiting the personal-computer business. Photographer: Tomohiro Ohsumi/Bloomberg
Big Business

Saving Sony

Image credit: japantimes.co.jp During the week, PageOne reported that the loss-making Japanese electronic giant, Sharp was sold off to Foxconn for just $3.5 billion, well, another Japanese electronic giant might be transforming into a dwarf. Sony Mobile unit has packed its bag and luggage from Atlanta Georgia to Silicon Valley to […]

Buhari Sells More Crude to End Fuel Scarcity
Big Business

Buhari Sells More Crude to End Fuel Scarcity

President Muhammadu Buhari, has approved the sales of more crude oil to guarantee importation of premium motor spirits, petrol, into the country. “…NNPC is burdened with the obligation to guarantee almost 100% in the national supply, since the domestic crude oil supply (445,000 bbls/d) can only guarantee about 50% of […]