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Sony mulls hedge fund boss Loeb’s spin-off proposal
Sony Corp.'s CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 per cent of its movie, TV and music division.Hirai was asked about the proposal at a corporate strategy presentation Wednesday. He did not give a timetable for a decision, and would not give his own opinion about the suggestion raised by ...
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Update Case against Milwaukee veteran over Japanese rape judgment proceeds
A judge in Milwaukee has denied a Navy veteran's several attempts to dismiss an unusual civil suit seeking enforcement of a Japanese judgment that he raped a woman there in 2002. Catherine ...
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Sony board examines plan
Tokyo - Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its entertainment unit in a bid to boost profits in its core ...
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Yen eases after Japan’s trade deficit
Tokyo - The yen edged down against the dollar and euro in Asia on Wednesday after Japan posted its worst ever April trade deficit, fuelling yen-negative ...
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Sony may actually be considering Daniel Loebs spin-off plan
Sony Music act Beyonce looks out at the photographers as she comes backstage to pose with her award for Best Traditional R&B Performance for "Love On Top" at the 55th annual Grammy Awards in Los Angeles, California February 10, 2013. REUTERS/Mario Anzuoni TOKYO- Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate ...
Movie Review
Tinker Tailor Soldier Spy [Blu-Ray]
Shrouded in ashen cigarette smoke, heavy silences, backroom intrigue, and horridly despondent early 70s British interior dcor, Tinker Tailor Soldier Spy unfolds with maximum perplexity, ensuring that we will never, despite being able to grasp the stakes an ... ...
On Facebook
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Japans humble space dream to come true triumphantly
"I came to Japan for the first time in 1987, when I attended the well-known Japanese Atomic Industrial Forum (JAIF), which gathers nuclear scientists from around the world. It takes place in spring when cherry trees blossom, so everything was very beautiful and unusual. I delivered a speech on Chernobyl, and, among other things, Academician Legasov. Some time later, I went to Japan for the ...
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Japan’s trade deficit hits $8.6bn
Tokyo - Japan reports its trade deficit widened to a larger-than-expected 879.9 billion yen ($8.6 billion) in April as its weakening currency accentuated surging import ...
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Tokyo stocks close up
Tokyo - Tokyo stocks climbed 1.60 percent to close at their highest level in more than five years with investor appetite unabated on a weak yen and record-setting levels on Wall ...
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Sony mull entertainment spin-off
Kazuo Hirai, chief executive of the ailing electronics firm, said the board would give "thorough consideration" to a call from billionaire hedge fund manager Dan Loeb for a spin-off of its lucrative music and movies business Sony Entertainment.Loeb, whose Third Point hedge fund is Sony's biggest shareholder, argued last week the move would boost the company's shares by ...
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Sonys Amy Pascal On Closing The Money Gap Between Men And Women In Hollywood
Angelina Jolie or Jennifer Lawrence who can demand top dollar. But for the most part because women are relegated to movies with smaller budget or cast as the girlfriend, they earn less. On ...
On the record
Nothing will ever completely replace playing the game I love, however I feel like I'm starting a new adventure and I'm genuinely excited about what lies ahead. I'm fortunate to have been given many opportunities throughout my career and now I feel it's my time to give back.
David Beckham
The world's best known footballer was speaking after formally announcing his retirement.
Hotel Review
Sheraton Abu Dhabi Resort & Towers
I have spent time at the Sheraton in Abu Dhabi previously, in the restaurants and the tavern pub, but hadn't ...
Keep readingNews Survey
Do you take the threat of North Korea seriously?
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