Panasonic forecasts record net loss
Seoul - Arabstoday
Japanese electronics company Panasonic has forecast a record net loss of 780bn yen (€7.7bn) for the fiscal year to March amid falling sales of digital products and production disruptions from flooding in Thailand.That is nearly twice the annual net loss of 420bn yen it had projected in October.It is also more than its past record net loss of 427.7bn yen logged for the fiscal year to March 2002, when the company was still Matsushita Electric Industrial.For the October-December quarter, Panasonic today reported a net loss of 197.6bn yen.
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Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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All-new 2015 Cadillac Escalade
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