TOKYO (Reuters) - Japan's Sony Corp said its net annual loss will likely be smaller than previously forecast after cost cuts and strong sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates.
(Reuters) - Staples Inc , the No. 1 U.S. office supplies retailer, agreed to buy No. 2 Office Depot Inc in a $6.3 billion deal designed to help it better compete against Wal-Mart Stores Inc and online rivals such as Amazon.com Inc .
TOKYO (Reuters) - Toyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home.
LONDON (Reuters) - Oil prices fell on Wednesday after a new build in U.S. crude stock levels put a global glut back in focus, cutting short a rally that pushed up prices by about 19 percent over the past four sessions.
BEIJING (Reuters) - China's central bank made a system-wide cut to bank reserve requirements on Wednesday, the first time it has done so in over two years, to unleash a fresh flood of liquidity to fight off economic slowdown and looming deflation.
(Reuters) - Walt Disney Co's quarterly profit topped Wall Street's estimates as its blockbuster animated film "Frozen" heated up home entertainment and toy sales, and visitors flocked to the company's U.S. theme parks.