Showing 1 - 10 of 15
Credit Suisse woes rock Wall Street
AFP, Published on 15/03/2023
» Wall Street was back in selloff mode early Wednesday as banking shares faced a fresh hammering amid worries that more lenders could fail.
Inflation clouds 'Black Friday' kickoff of US holiday shopping season
AFP, Published on 25/11/2022
» NEW YORK: Retailers unveiled a trove of fresh seasonal promotions Friday, as they try to coax sales from reticent shoppers whose holiday cheer has been tempered by inflation and worries over a softening economy.
Samsung commits $356bn in investments with 80,000 new jobs
AFP, Published on 24/05/2022
» SEOUL: Samsung Group on Tuesday unveiled a massive $356 billion investment blueprint for the next five years aimed at making it a frontrunner in a wide range of sectors from semiconductors to biologics.
Why has a Chinese city's lockdown sent aluminium prices surging?
AFP, Published on 09/02/2022
» BEIJING - The Covid lockdown this week of a relatively unknown Chinese city sent global prices of aluminium rocketing to a 14-year high.
GM warns Bolt owners after two cars catch fire
AFP, Published on 15/07/2021
» WASHINGTON: General Motors on Wednesday warned owners of its Chevrolet Bolt to park the electric vehicle outside and not leave them plugged in overnight after two of the cars caught fire.
Samsung Electronics forecasts 44.19% jump in Q1 operating profit
AFP, Published on 07/04/2021
» SEOUL: South Korean tech giant Samsung Electronics flagged a 44.19 percent rise in first quarter operating profit Wednesday, largely driven by robust sales of smartphones and the launch of its flagship Galaxy S21 series.
Samsung Electronics profit spikes on pandemic-driven demand
AFP, Published on 28/01/2021
» SEOUL: Samsung Electronics, the world's biggest smartphone and memory chip maker reported fourth-quarter net profits up by more than a quarter year-on-year Thursday, with coronavirus-driven working from home boosting demand for devices powered by its chips.
Samsung chief jailed for 2.5 years over corruption scandal
AFP, Published on 18/01/2021
» SEOUL: The de facto chief of South Korea's Samsung business empire was convicted Monday over a huge corruption scandal and jailed for two and a half years, in a ruling that deprives the tech giant of its top decision-maker.
Thai wine sisters take aim at booze monopoly
AFP, Published on 15/07/2020
» Sisters Mimi and Nikki have battled Thailand's tropical climate, chased off elephants from their vineyards and won over a sceptical public to their award-winning wine. Now they're taking on the "unfair" booze laws critics say benefit the kingdom's billionaire booze monopolies.
Samsung heir avoids arrest over controversial merger
AFP, Published on 09/06/2020
» SEOUL: A South Korean court on Tuesday declined to issue an arrest warrant for the heir to South Korea's Samsung empire over a controversial merger of two business units seen as a key step to his succession, Yonhap news agency reported.