Sony to cut 20,000 jobs in broad restructuring Sony announced a long-awaited restructuring plan aimed at slashing costs, boosting profitability and placing it firmly on the offensive in the emerging world of networked consumer electronics.
11:05 | Read
US futures trade pointed to a higher open on Wall Street, but trade was likely to be muted ahead of the Federal Reserve's open market committee meeting later in the session.
13:07 | Read
CURRENCIES Yen hits three-year high against dollar Poor retail sales data in Japan failed to dent sentiment for the stock market which in turn helped the yen maintain its current levels at three-year highs against the dollar.
13:33 | Read
Libya
Dealing with Gadaffi Fifteen years after the bombing of Pan Am Flight 103, Tripoli has agreed to pay up to $2.7bn as the price of its freedom from sanctions. As companies gear up for what they see as the best opportunity in decades to open up Libya for investment, Edward Alden and Roula Khalaf report on how the US negotiated the rehabilitation of a "sponsor of terrorism". Oct 27 2003 | Read
Bush should build on recent progress by approaching Europe, Russia and others and persuading them to offer Iran a deal, writes Joseph Nye, of Harvard's Kennedy School of Government.
Oct 27 2003 | Read
Since Nobuyuki Idei became Sony president and chief operating officer in 1995, the company has been gripped by what seems like a permanent revolution.
Oct 27 2003 | Read
Rather than creating artificial core groups, we should build up what crisis management capabilities the EU already has, writes Erkki Tuomioja, Finland's foreign minister.
Oct 27 2003 | Read
Carmakers try to avoid red while going green Small cars are being developed for Europe as manufacturers are pushed by environmental regulations. But any reduction in vehicle size will add to the intense pressure on profits. 20:39 | Read
Say cheese! (and see you in the tabloids) Traditional photos are taken to remember something, but phone photos are fleeting. Unless they end up on the internet. The privacy implications of cameras on phones have begun to raise concerns. 18:19 | Read