Samsung profit slumps more than half as chip market weakens
The world's biggest smartphone and memory chip maker Samsung Electronics on Wednesday reported second-quarter net profits slumping by more than half in the face...
Nintendo’s Q1 net profit drops 46% on forex losses
Japanese entertainment giant Nintendo said Tuesday its net profit in the first quarter dropped 46 percent due to exchange rate losses, but reported steady...
Capital One data breach hits 100 mn: firm
A hacker accessed more than 100 million credit card applications with US financial heavyweight Capital One, the firm said on Monday, in one of...
Ryanair flies into headwinds as profits slide
Ryanair saw first-quarter net profits sink by more than a fifth, as it faced headwinds from rising costs, intense competition and Brexit turmoil, the...
Renault profits skid on Nissan woes
French automaker Renault said Thursday that its profits were halved in the first half of this year, swerved off course by the current crisis...
Amazon pays a price for one-day delivery as profit growth slows
Amazon appeared to pay a hefty price for its move to speedy shipping, as the online giant reported profits below expectations as it ramped...
Samsung to launch foldable smartphone in September
South Korean electronics giant Samsung announced Thursday it will release its cutting-edge foldable smartphone in September, despite a trade dispute between Seoul and Tokyo...
Vietnam’s ‘homespun Facebook’ swamped after launch
A homegrown Vietnamese social media app was overloaded with users hours after launching as the one-party state tries to boost its own web platforms...
US announces antitrust review of Big Tech firms
The United States on Tuesday announced it would begin an antitrust review of major online platforms to determine if they have "stifled" innovation or...
Nissan to cut 10,000 jobs worldwide: report
Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Japanese media...
