IBT Staff Reporter

British satellite provider Inmarsat said its LightSquared spectrum sharing agreement in North America boosted its revenue in the third quarter as it saw no signs of growth in its core shipping services.

Sony Corp said it is headed for its fourth straight annual net loss, instead of a profit it forecast earlier, as Thai floods disrupted camera production, adding to losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.

Sony Corp said it is headed for its fourth straight annual net loss, instead of a profit it forecast earlier, as Thai floods disrupted camera production, adding to losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.

Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.

The Bank of Japan supplied dollars in market operations on Wednesday for the first time in more than a year, a sign of the global market strains that board member Sayuri Shirai separately said could push the yen higher again.

World stocks and the euro edged up on Wednesday after a rollercoaster week, as investors hoped for comfort on the weak U.S. economy and troubled euro zone from meetings of the U.S. Federal Reserve and Group of Twenty leaders.

World stocks and the euro edged up on Wednesday after a rollercoaster week, as investors hoped for comfort on the weak U.S. economy and troubled euro zone from meetings of the U.S. Federal Reserve and Group of Twenty leaders.

Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.

Chelsea's domestic frustration spread into Europe as they drew 1-1 at minnows Genk in the Uefa Champions League.

Sony Corp said it is now headed for its fourth straight annual net loss instead of a profit as Thai floods disrupt camera production on top of losses from a soaring yen and price slides in its TVs and PCs in the United States and Europe.

Olympus Corp's ousted CEO Michael Woodford said on Wednesday he wants to meet a third-party panel probing past M&A deals at the endoscope maker after the head of the investigative group earlier said it would seek a hearing with him.

Sony Corp slashed its full-year operating profit outlook by 90 percent on Wednesday as Thai floods disrupt camera production at the Japanese company, which is already struggling with a soaring yen and weak television sales.

Asian shares fell and the euro stuck near 3-week lows against the dollar on Wednesday, as investors shed riskier assets after Greece's shock call for a referendum stoked fears about the viability of a European debt deal struck just last week.

Wal-Mart Stores Inc said it is offering an early preview of its Black Friday deals starting Wednesday and will also hold an early holiday sale beginning Saturday.

Qantas Airways said on Wednesday it accepted the Australian competition regulator's request to provide further compensation for losses to passengers affected by the carrier's weekend grounding.

The Bank of Japan offered dollars to banks in market operations on Wednesday for the first time since July last year, a sign that market strains from Europe's sovereign debt crisis may be broadening.

Asian shares fell and the euro hovered near three-week lows against the dollar on Wednesday, as investors shed riskier assets after Greece's abrupt call for a referendum rekindled fears about the viability of a European debt deal reached just last week.

The Bank of Japan offered dollars to banks in market operations on Wednesday for the first time since July last year, a sign that market strains from Europe's sovereign debt crisis may be broadening.

U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.

Defending champions Barcelona became the first team to qualify for the knock-out rounds with a 4-0 win at Viktoria Plzen in the Uefa Champions League.

A panel set up to investigate the Olympus Corp scandal wants to hear from the firm's ousted British chief executive and will need at least a month to report its findings, the group's head said on Wednesday.

U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.

Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.

Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.

Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum the government said would take place as soon as possible on a European Union debt bailout deal.

U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.

A little over two months as CEO, a new report outlined by the Wall Street Journal talks about the adjustments Tim Cook has began making. As a whole, it seems as though Cook will not making any changes to Apple's overall success formula.

Sony Corp's heir apparent will make a rare appearance at the Japanese firm's earnings conference on Wednesday, raising hopes the once-stellar brand is at last getting to grips with its struggling TV business and can challenge smartphone rivals.

Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his Cabinet Wednesday to push ahead with a speedy referendum on the European debt bailout deal.