Lenovo Group said on Wednesday its third-quarter revenue fell 8 percent to $12.9 billion due to slower global PC demand and weaker smartphone sales.» Read More
*Burberry slumps as China slowdown leads to sales miss. MILAN, Oct 15- European shares rose on Thursday after three days of losses, tracking gains in Asia on growing expectations the United States will delay any rate hike until 2016, with retailer Casino and consumer goods maker Unilever lifted by positive results. Investors were focusing on a raft of corporate...
Oct 9- Sears Holdings Corp named Sean Skelley as president of home services, the latest in a string of appointments made by the struggling retailer. Skelley, who has worked for over 20 years with U.S. electronics chain Best Buy Co Inc, will look after Sears' home services business which provides customers with home appliances repairs and home improvement...
Sony swings at Microsoft by cutting the price of its Playstation 4 console by $50 to $349.99, effective Friday.
Dell, the world's third-largest maker of personal computers, is in talks to buy and cloud computing company EMC, a person familiar the matter told Reuters.
Daniel Kim, Macquarie Equities Research analyst, discusses the drivers of Samsung's strong Q3 earnings guidance.
As more technologies and devices become available to kids, toymakers are looking for ways to make their products more compelling to compete with tablets and smartphones.
Apple rakes in $513 on every sale of its large-screen version of the latest iPhone, retailing for more than three times what it costs to produce.
Apple's new Watch sells for an average of $529, including accessories, at the high end of Wall Street estimates.
The new iPhone 6s and 6s Plus hit stores on Friday, starting in Sydney to kick off a global sales cycle.
*CEO expects Vietnam sale to conclude this year. *Still confident in China market. ROME, Sept 10- Germany's Metro AG is working to become much more sensitive to local markets as it gears up for international acquisitions, seeking to buck a trend of big Western retailers struggling to succeed outside their home markets.
Apple holds its fall product launch today; event will be live-streamed.
Sept 8- Macy's Inc said on Tuesday that consumer electronics retailer Best Buy Co Inc will set up outlets in 10 Macy's stores from November on a test basis. The Best Buy shops will occupy about 300 square feet and be staffed by Best Buy employees, who will sell Samsung smartphones, tablets and smart watches and audio devices and accessories from Samsung and other...
Amazon reportedly planning $50 tablet
Gianfranco Lanci, president and COO of Lenovo, shares his outlook on the PC market and explains why he thinks it will recover.
MOSCOW, Aug 28- Russian consumer electronics and white goods retailer M.video said its online sales surged in the past week as a renewed weakening in the rouble prompted some consumers to splash out on durable goods. The rouble fell sharply against the dollar on Aug. 24, approaching its 2015 low, as prices of oil, Russia's chief export, skidded.
Aug 25- Best Buy Co Inc, owner of the biggest U.S. electronics chain, reported an unexpected increase in quarterly sales, helped by demand for appliances, TVs and mobile phones. Best Buy has cut jobs, closed stores and streamlined its management structure in an effort to boost profit and margins and compete better with online and big-box retailers.
Rob Enderle, president and principal analyst at Enderle Group, says Hewlett-Packard's plans to split itself into two separate companies on November 1 are unnerving employees and investors.
The streaming device unavailable to purchase on Amazon; does that mean it's time for an upgrade?
Sony reported stronger-than-expected first-quarter profit, boosted by strong sales of smartphone camera sensors and PlayStation4 videogames.
CP Leung, chief executive of Ani-Com & Games Hong Kong, introduces the highlights at this year's event, such as Sony's Project Morpheus and Microsoft's new Windows 10 operating system.