Sony to sell PC unit and cut jobs

Sony has said it will sell its personal computer (PC) unit and split its TV division into a separate subsidiary as part of its restructuring programme. It will also cut 5,000 jobs globally in an attempt to turn around its fortunes.

What Facebook knows about you

Facebook has spent the past 10 years building a business upon your personal information. The social network knows a lot about you.

Oil giant BP sees profits fall as sell-offs hit

Oil giant BP saw profit fall in 2013 as lost income from asset sales hit.

Companies fight back against hedge funds

As activist investors intensify their efforts to shake up large firms, a new alliance has formed to hit back at the Carl Icahns and Dan Loebs of the world.

Coca-Cola workers protest layoffs in Spain

MADRID: Thousands of workers from Coca-Cola bottling factories in Spain marched Sunday in protest at plant closures they say will cost 750 jobs.

Wal-Mart lowers profits guidance

Wal-Mart has trimmed its trading outlook for this year, citing a range of one-off costs including the closure of some stores in China.

For companies, a rocky road ahead in emerging markets

(Reuters) - International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.