Sony warns of $2.9 billion loss, steps up restructuring (Reuters)

Sony Corp Chief Executive Howard Stringer attends a news conference at the company headquarters in Tokyo January 22, 2009. (Toru Hanai/Reuters)Reuters – Sony Corp warned it would post a record $2.9 billion annual operating loss due to sliding demand and a stronger yen, and unveiled fresh restructuring steps to revive its ailing electronics operations.

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