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CNNW World Business Today May 26, 2011



in syria. these rikts are set to show demonstrations in dara last friday. although cnn cannot verify when the video was shot. an estimated 1,500 people are unaccounted for in joplin,h. nearly 100 volunteers are working to reunite family and determine who s really missing. the volcanic eruption in iceland that s disrupted air traffic in europe is finally ending. the ash cloud thrown up from the volcano is drifting east and dissipating and most of the airports closed are re-opening. those are the headlines. i m zain vergee, world business today starts now. good morning, from cnn london and welcome to world business today. i m nina dos santos. and good afternoon from cnn hong kong, rhyme andrew stephens. the top stories this thursday, may 2 th. sony s bad run continues. it s now forecasting a profitable year ahead. even that outlook fails to impress. dominique strauss-kahn is now under house arrest at this luxury new york townhouse. i m a leader by temper a ....

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Detailed text transcripts for TV channel - CNN - 20110526:08:05:00

The share price by almost 30%. they definitely needed to do something. we ve also got figures coming out after the close in tokyo. we knew not to expect anything great from sony s earnings. the company confirmed it lost $3.2 billion for the year to the end of march. but with that announcement came a prediction of return to profit in the coming year. albeit significantly less than expected. let s look at those numbers in more detail now. kyung lah joins us from tokyo. they are predicting a return to profits but a disappointing return, kyung. reporter: a bit of a disappointing return, in part because what we re hearing from the sony s earning presser which just began a few moments ago, andrew, let s look back on what s happened this fiscal year. sony is saying what they found was a loss. it is primarily a noncash loss. it doesn t have impact on cash ....

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