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Ford Earnings Stall In 1Q On Poor Global Performance

Ford Motor Company CEO Alan Mulally
Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.

SEC Probes Movie Studios Over Dealings In China

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U.S. regulators are investigating major U.S. movie studios' dealings with China as the entertainment companies try to get a greater foothold in one of the fastest-growing movie markets in the world.

Argentina Boosted Gold Reserves When Price Was High

Argentina added to its gold reserves for the first time in nearly six years in September 2011 as the price hit record highs, mirroring the trend among emerging central banks to diversify further from paper currencies such as the U.S. dollar.
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Opposition Supporters in Myanmar

EU To Suspend Sanctions On Myanmar

The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
Henry Kravis of KKR & Co. L.P.

KKR To List MMI International On Singapore Exchange

KKR & Co. L.P. (NYSE: KKR), a global private equity company, plans to list precision engineering components manufacturer MMI International on the Singapore Exchange, reported the Dow Jones Newswires, citing three people familiar with the matter, as financial market conditions stabilize on the island nation.
Indonesia Earthquake: India Tsunami Warning Withdrawn

Indonesia Earthquake: India Tsunami Warning Withdrawn

India has withdrawn its tsunami warning from earlier today, which was issued following the massive earthquake which rocked the region measuring 8.6 on the Richter scale in Indonesia this afternoon India Standard Time (IST), reported the Press Trust of India.
Indonesia 2004

Indonesia Earthquake: Photos From The 2004 Tsunami

An 8.7 magnitude earthquake struck right off the waters of Indonesia on April 11, 2012. The large quake could be felt in Singapore, Thailand and India, striking fear in thousands of people. Fear of a tsunami striking is due to the 2004 earthquake that hit Indonesia. Take a look at photos of the devastation that the 2004 earthquake and tsunami caused to the Aceh province in Indonesia.
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Indonesia Tsunami Warning 2012: 8.7 Earthquake, Huge Aftershock Strike Fear On Wednesday

On Wednesday an 8.7 magnitude earthquake struck right off the waters of Indonesia. The huge quake could be felt in Singapore, Thailand and India. In 2004, a 9.1 magnitude earthquake struck Indonesia, setting off a tsunami. Over 226,000 people in Sri Lanka, Thailand, Indonesia, India and nine other countries were killed, reports CNBC. The latest earthquake has set fears of a Tsunami in residents.
Japanese Bank Note

Japan Core Machinery Orders Gain Surprisingly In February

Japan's core machinery orders rose in February against all expectations, indicating that the country’s economy is in the path of recovery in spite of deflationary pressures, a strengthening currency and decreasing foreign demand.
Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors

Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.

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