Sony is to sell its US headquarters in Manhattan

Sony is to sell its US headquarters in Manhattan for $1.1bn (£690m).The 37-floor building was first constructed in 1984.

The skyscraper on Madison Avenue will be bought by the Chetrit Group, a major family-owned New York property group.
Having recorded a loss every year for the last four years, Sony has embarked upon a major restructuring of its business, including the sell-off of its chemicals division, and cutting 10,000 jobs.
The company has since fallen back to earth, and last year its share price was trading below the 1,000-yen level for the first time in over two decades.