Business

Sony Corp is betting on initial Playstation 4 sales to be 40 percent higher than its last home game console which cost more to build and buy, raising the prospect of quicker return to help revive its consumer electronics...

The number of Americans filing new claims for jobless benefits rose last week, but it was difficult to get a clear read on the labor market's health because a Labor Department analyst said two states appeared to be working...

U.S. stock index futures rose on Thursday, a day after the Federal Reserve surprised investors and economists by keeping its stimulus measures intact. U.S. Federal Reserve defied market expectations on Wednesday by postponing a wind-down of its massive monetary stimulus,...

India's Tata conglomerate and Singapore Airlines (SIAL.SI) will form a full-service airline based in New Delhi, adding a deep-pocketed player to a fast-growing but competitive Indian aviation sector where most operators lose money. Tata Sons TATAS.UL said it will own...

French airline Air France announced 2,800 fresh job cuts on Wednesday to help cope with weak air travel demand as it heads towards its sixth consecutive annual operating loss. The carrier said it would no longer reach its target to...

U.S. stocks were little changed on Wednesday ahead of an announcement by the Federal Reserve on the future of its economic stimulus program. Investors were hesitant to make big bets ahead of what is expected to be the first tentative...

U.S. chief executives were less optimistic about the economy in the third quarter, with fewer expecting to increase sales or boost capital spending than in the preceding three months, a survey by the Business Roundtable showed. The group's CEO Economic...

FedEx Corp (FDX.N) posted a better-than-expected quarterly profit on cost cuts and said it would raise rates next year for express shipping, a business that has suffered as customers shift to slower but cheaper delivery options. The company, considered an...

Microsoft Corp (MSFT.O) said it would buy back up to $40 billion of its shares and raise its quarterly dividend by 22 percent. The new share repurchase program, which has no expiration date, replaces a $40 billion buyback program that...

Wall Street was set for a flat open on Tuesday before the start of the Federal Reserve's two-day meeting, while inflation data supported the case for the Fed's starting to reduce its stimulus measures. Investors were hesitant to make big...