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Sony chief gives cautious outlook

Bloomberg Sony Corp said its operating profit will likely fall this year and pulled its financial forecasts for most divisions because of substantial uncertainty in their operations. Operating profit will be 810 billion yen ($7.3 billion) in the year ending in March 2020, down from last year’s 894 billion yen and below the 843 billion yen average of analyst estimates ...

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Tata Steel extinguishes fires at its Wales mill

Bloomberg Tata Steel Ltd said it has extinguished all fires at its plant in Port Talbot after reporting an incident at the mill in South Wales. The company said emergency services were assisting its workers and two employees were slightly injured when there was a spillage of liquid iron while it was travelling to the steel plant, according to posts ...

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Dip in tourist arrivals affects Thai economy

Bloomberg Thailand suffered a rare combined drop in tourist arrivals and spending in March, signalling a rocky first quarter for Southeast Asia’s second-largest economy. The number of visitors fell 0.7 percent from a year ago to 3.5 million, official figures and data compiled by Bloomberg show. Foreign tourism receipts slid 1.3 percent to $5.8 billion. Tourism is critical for Thailand ...

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