DUBAI/WAM Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, met today with …
Read More »Sony cuts outlook on film unit writedown, profit decline
Bloomberg Sony Corp.’s struggling movie division is weighing on the rest of the company, even as the PlayStation is booming and semiconductors show signs of a rebound. The electronics and entertainment company cut its full-year profit forecast a second time in three months after posting quarterly earnings that missed estimates, following a 112 billion yen ($1 billion) charge against …
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