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Friday, April 5, 2019

Samsung Electronics sees lowest quarterly profit in more than two years

Samsung Electronics Co Ltd said on Friday it was heading for its lowest quarterly profit in more than two years as a glut in memory chips, slowing panel sales and rising competition in smartphones hit margins.


from Reuters: Business News https://reut.rs/2WNFJQ8

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Prada to buy rival fashion brand Versace for $1.36bn

The deal to unite the two Italian brands has an estimated value of $1.36bn (£1.06bn). from BBC News https://ift.tt/IF1bAUd