Archives
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ELECTRONICS 
November 3, 2019 Samsung Electronics Q3 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 Thursday, hit by an enduring downturn in the global chip market. Net profits in the three months to September were 6.29 trillion won ($5.40 billion), it said in a statement — […]
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ELECTRONICS 
November 1, 2019 Samsung Electronics third-quarter net profit slumps 52%
SEOUL: The world’s largest smartphone and memory chip maker Samsung Electronics saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the global chip market. Net profits in the three months to September were 6.29 trillion won ($5.40 billion), it said in a statement — down […]
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ALL DEALS 
March 25, 2016 Credit Suisse to axe 2,000 more jobs as revenue slumps
A file photo of the Credit Suisse office in Milan. This year investment banking revenues have been hit by record low interest rates. Photo: Reuters Zurich: A slump in investment banking revenues prompted Credit Suisse on Wednesday to accelerate its restructuring plan and cut a further 800 million Swiss francs ($821 million) of costs. The […]
