Business

Sony returns to black on healthy chip, game, battery sales

Sony returns to black on healthy chip, game, battery sales

With the 2.9 million units shipped in the last quarter, Sony has now shipped 60 million PS4 consoles around the world, up from the 57.1 million figure that was announced in March. An unfavorable exchange rate also damaged Sony's results. That is because it expects an increase in both hardware and software sales, offset by price reductions for PS4 hardware.


More investors accept RBS offer in rights issue dispute

More investors accept RBS offer in rights issue dispute

The Government bought its 72% stake in the bank for £45 billion in 2008, at £5.02 a share, as part of a bailout at the height of the financial crisis. Although the CEO attempted to draw a line under those issues by taking a 4.1 billion-pound charge in the fourth quarter, bringing provisions on the bank's balance sheet to protect against regulatory and legal costs to more than 12 billion pounds, the final outcome of both issues remain uncertain.



Chance of 'major conflict' with N Korea

The policy release comes as all 100 United States senators were given an extraordinary briefing by the top officials of the Trump administration on the threat posed by the rogue nation. He also said he doubts the North Korean people will rise up to topple their leader, Kim Jong Un. Trump has repeatedly called on China, North Korea's only real ally and main economic benefactor, to do more to bring its neighbour into line.



Did Aaron Rodgers play a role in Bears draft pick?

The Browns entered the night with 11 picks in the 2017 draft and nine top-65 picks in between this draft and the next. But Cleveland also has needed a quarterback. Peppers, 5-foot-11 and 213 pounds, faced plenty of pre-draft criticism - from playing so many different spots in college that he was unable to solidify a clear position heading into the National Football League, to reportedly testing positive for a diluted sample at the combine.


KKR-backed group halts work on Tatts takeover offer

KKR-backed group halts work on Tatts takeover offer

In a parting shot, after confirming a third higher offer would not be made, Pacific's chair Kerry Schott said it was a very disappointing day for Tatts shareholders. Tatts in December rejected an initial proposal from the group. Under the deal, Tatts' shareholders would receive 0.8 Tabcorp shares and 42.5 cents in cash for each Tatts share held.


Youth protest against French election, ends in violence

Youth protest against French election, ends in violence

French far-right leader and presidential candidate Marine Le Pen addresses supporters Thursday during an election campaign rally in Nice, southern France. Students blocked entrances to some high schools Thursday and marched through eastern Paris toward the neighborhood of the Bastille. On the sidelines of the demonstration, the hooded young people threw projectiles at riot police who replied by using tear gas to disperse the crowd, according to the report.