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Samsung warns of sagging profits
Samsung Electronics, the world’s biggest technology company by sales, unveils record operating profits but warns profitability could sag in the second half of the year due to a difficult consumer climate Read More...
Nomura quarterly profits fall 80%
Nomura, the Japanese bank, reported an 80-per-cent plunge in quarterly net profit on Friday, joining western rivals in suffering from a broad downturn in trading and underwriting activity Read More...
Li Ka-shing buys EDF arm for £5.8bn
EDF Networks has low-voltage electricity distribution networks in the east and south of England, long-term contracts with businesses such as London Underground, Heathrow and Gatwick, and the Channel Tunnel Read More...
Signs of slowdown in Japanese recovery
Fresh data reveal an unexpected rise in the unemployment rate and a drop in industrial production amid the country’s ongoing battle with deflation Read More...
