The latest business news around the world. Written by Market Business News's very own editorial team to deliver reliable, up to date, and honest news.

Sony profit warning number three

Sony profit warning number three was issued on Thursday, its third warning in just six months, as the company booked a further ¥30 billion in costs from leaving its loss-making PC business. The Japanese electronics and entertainment giant,…

BP Q1 2014 profits fell 23%

BP Q1 2014 profits fell 23% to $3.22 billion, compared to $2.8 billion in Q4 2013 and $4.2 billion in Q1 2013. The company reported operating cash flow in Q1 2014 of $8.2 billion. Figures were better than analysts had forecast. BP said its…