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Sony reaches 22-month high as analysts predict record profit

  Bloomberg Sony Corp. shares jumped to their highest since May 2015 after a bullish earnings report triggered analyst predictions that the electronics maker could achieve record profit this year. The Tokyo-based company rose 3 percent to 3,873 yen at the close in Tokyo on Monday after forecasting operating profit of 500 billion yen ($4.5 billion) for the fiscal year ...

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Southwest to stop overbooking

  Bloomberg Southwest Airlines Co. said it would stop overbooking flights, after the forcible removal of a United Airlines passenger from a packed plane sparked worldwide outrage. Overbooking is tentatively set to end May 8, Southwest said. That would be about a month after a 69-year-old United customer was dragged from a jet by airport police for refusing to surrender ...

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Daiso opens store in Doha Festival City

  DUBAI / Emirates Business The Japanese discount chain has opened a new store in Doha Festival City. The fourth Daiso Japan store in Qatar is the latest in several store openings in line with the company’s extensive regional expansion plans, bringing the count to 48 stores in the Middle East. In the Middle East, the brand is part of ...

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