Showing 1-10 of 15 results
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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