Samsung Electronics third-quarter net profit slumps 52%
Samsung Electronics, the world's largest smartphone and memory chip maker, saw net profits slump by more than half in the third quarter, it said...
Bayer reports surge in number of legal cases over Roundup
German chemical and pharmaceutical giant Bayer reported Wednesday the number of US legal cases targeting it over weedkiller Roundup has more than doubled over...
HSBC boss says bank underperforming in Europe, US as profits slip
HSBC's interim chief executive on Monday said the banking giant was underperforming in parts of Europe and the United States, as third-quarter profits slipped...
CBSL issues license cancellation notice to The Finance Company
The Central Bank of Sri Lanka (CBSL) has decided to issue a notice of cancellation of the licence issued to The Finance Company (TFC)...
Samsung admits Galaxy S10 fingerprint access flaw
Tech giant Samsung Electronics on Friday acknowledged a major flaw with its fingerprint system that allows other people to open its top-end smartphones, advising...
No change in fuel prices this month
The Ministry of Finance has announced that the fuel prices will not be subjected to any alterations under the fuel pricing formula this month.
Johnson & Johnson must pay $8 bn over drug side effect:...
A Pennsylvania jury ruled Tuesday that US pharmaceutical giant Johnson & Johnson must pay $8 billion in damages and interest for failing to warn...
Samsung Electronics flags 56% fall in Q3 operating profit
Samsung Electronics said Tuesday it expected operating profits to drop more than 50 percent in the third quarter amid a continued slump in the...
HSBC planning to cut 10,000 more posts: Financial Times
HSBC is planning to lay off up to 10,000 staff, a report said Monday, just weeks after announcing the resignation of its chief executive...
LPG gas prices down by Rs 240
The price of a domestic Litro gas cylinder (12.5kg) would be reduced by Rs 240 with effect from midnight today, Ministry of Industry Commerce...
