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  • July 23, 2014
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  1. Business - Companies

    Samsung expects record third-quarter profits

    Posted Oct 04th 2013, 10:38am by Reuters

    ... Reuters in Seoul Samsung Electronics estimated its July-September earnings rose 25 per cent to a record US$9.4 billion as a strong recovery in memory chip prices helped counter a slowdown ... of full quarterly results due out by October 25, was better than the average forecast of 9.96 trillion won in a poll of 34 analysts by Thomson Reuters I/B/E/S. The South Korean firm estimated its ...

  2. News - World - ITALY

    Italian Senate panel backs expulsion of Berlusconi from parliament

    Posted Oct 05th 2013, 12:00am by Reuters

    ... Reuters in Rome Panel endorses Berlusconi removal An Italian Senate committee yesterday recommended that former Prime Minister Silvio Berlusconi be expelled from parliament after his conviction for tax fraud, paving the way for a final decision this month that could seal his political fate. The recommendation to kick out the man who has dominated Italian politics for the past two ...

  3. Business - Companies - TECHNOLOGY

    Samsung to post second year of record earnings

    Posted Oct 05th 2013, 12:00am by Reuters

    ... Reuters in Seoul Samsung to post second year of record earnings Samsung Electronics is on track to post its second consecutive year of record earnings as a rebound in its semiconductor business shields the South Korean technology giant from a slower smartphone market. The world's biggest memory-chip maker is likely to see its semiconductor earnings charge to a three-year ...

  4. Business - Companies

    Hutchison Whampoa may list Watsons, says report

    Posted Oct 02nd 2013, 03:13pm by Reuters

    ... Reuters in Hong Kong Hutchison Whampoa, controlled by Asia’s richest man, Li Ka-shing, is planning to float its healthcare and beauty retail business Watsons with in the next 12 to 18 ... to use the sale proceeds to expand Hutchison’s health and beauty retail operations, which have a bigger global footprint and offer higher margins compared with the supermarket business, Reuters ...

  5. Business - Economy

    Services growth adds to signs of China pickup

    Posted Oct 04th 2013, 12:00am by Reuters

    ... Reuters in Beijing Services growth adds to signs of pickup in China Business activity in the mainland's services sector expanded at the fastest pace in six months last month as demand grew, cementing a modest pickup in the world's second-largest economy. The official purchasing managers' index (PMI) for the non-manufacturing sector rose to 55.4 - the highest reading ...

  6. Business - Banking & Finance - CURRENCIES

    Yuan reserves included in reserves portfolio

    Posted Oct 02nd 2013, 03:15pm by Reuters

    ... Reuters in Taipei Yuan reserves included in reserves portfolio Taiwan's central bank is holding yuan in its foreign exchange reserves portfolio, governor Perng Fai-nan said yesterday in recognition of the growing globalisation of the yuan and the importance of cross-strait trade. Trade and financial ties on both sides have gathered steam since last year after a yuan clearing ...

  7. Business - Commodities

    Months after big launches, Venezuela's three new oil tankers remain in dock

    Posted Oct 02nd 2013, 02:36pm by Reuters

    ... Reuters in Houston, Texas Wanting to promote trade with Iran, Argentina and China, state oil firm gave those allies' shipyards orders for the vessels, which remain undelivered; ... never set sail, according to five sources with knowledge of the company’s fleet, as well as ship tracking data from Reuters showing the ships sitting where they were built. Ship brokers, ...

  8. News - World - ENTERTAINMENT

    Concert promoter AEG Live cleared of negligence in Michael Jackson's death

    Posted Oct 03rd 2013, 09:55am by Reuters

    ... Reuters in Los Angeles Family loses lawsuit claiming AEG was responsible for death of 'King of Pop' by hiring an unfit doctor, Conrad Murray, who prescribed overdose Jury clears promoterover Jackson's death A Los Angeles jury cleared concert promoter AEG Live of liability in a wrongful death lawsuit brought by the family of Michael Jackson, in a trial that offered ...

  9. Sport - Other Sport - BASEBALL

    Tampa Bay Rays win wild-card play-off over wasteful Cleveland Indians

    Posted Oct 03rd 2013, 12:37pm by Reuters

    ... Reuters Tampa Bay's success in the wild-card play-off game was as much a case of Cleveland not being able to make the most of their opportunities Rays thrive on road as the Indians blow it The Tampa Bay Rays continued to thrive on the road with a clinical 4-0 victory over the Cleveland Indians in their one-game, wild-card play-off to advance to the American League ...

  10. News - World - EGYPT

    Egypt's army chief Sisi calls fora quick transition to elections

    Posted Oct 03rd 2013, 12:00am by Reuters

    ... Reuters in Cairo Mursi supporters demand end of military rule amid a push for elections to restore stablity Protests as army chief calls for a 'quick transition' Egypt's army chief has called for a quick transition to elections to restore stability to the country, while supporters of the Islamist president he ousted, Mohammed Mursi, staged daring protests ...




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