Shares of Sony Corp fell 3% after it said no to the proposal of Daniel Loeb to sell one-fifth of its entertainment business.
Sectors
Chesapeake Energy walks away from New York leases
Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.
French President stimulates jobs market to bring down unemployment rate by year's end
French President Francois Hollande said he would continue to stimulate the jobs market to chip down the soaring unemployment numbers in the country.
Cloud computing delivers innovation, cost cutback in banking - analysts
According to analysts, banks are shifting to cloud computing since it could deliver innovation and cost cutback in banking.
Swiss shop clerk tells Oprah Winfrey crocodile handbag is "too expensive" for her
A Swiss shop clerk told Oprah Winfrey that a crocodile handbag worth US$38,000 was "too expensive" for her which sparked racist slur.
Latest News
Economists warned that while the economic reforms of President Enrique Pena Nieto are crucial to increasing wages, Mexicans would have to wait before impact would be felt.
According to the White House, US President Barack Obama met with tech executives along with transparency advocates to deliberate on the government's surveillance programs.
Canalys told Bloomberg that Apple's market share in China plunged to just 5% during the second quarter, down from last year's 9%.
Kenyan President Uhuru Kenyatta revealed that his government will be constructing a temporary terminal that will hold 2.5 million passengers.
The Wall Street Journal reported that Acer would retreat from using Windows and embrace the Android operating system for its mobile devices.
MorphoSys announced that Celgene will be acquiring a 3.4% equity stake capital in their company through a capital increase.
US District Judge Denise Cote is considering the possibility of restricting Apple from making contracts with publishers for five years.
The reported collaboration between BlackBerry and Silver Lake Partners could help each other grow their individual market share.
ConocoPhillips submitted its application for permits to drill a production well in a new field in the Alaska national reserve.
