Seoul, Samsung Electronics expects that its fourth-quarter operating profit will rise about 52.49 per cent from last year, reflecting solid demand for server memory chips and higher margins. The company projects quarterly sales will increase 23.48 per …
London, The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, even as it capped a year of strong inflows into digital asset investment products, data from digital currency manager CoinShares showed.Outflows …
WASHINGTON — U.S. manufacturing activity slowed in December amid a cooling in demand for goods, but supply constraints are starting to ease and a measure of prices paid for inputs by factories fell by the most in a decade.The Institute for Supply Manag…
NEW YORK — Global stocks began 2022 in bullish fashion, with major bourses notching records and Apple’s valuation briefly hitting $3 trillion as investors monitor the COVID-19 pandemic and looming central bank rate decisions.The CAC 40 index in Paris k…
WASHINGTON — U.S. premium electric vehicle maker Tesla said on Sunday it delivered nearly 1 million vehicles in 2021, almost twice as many as 2020, doing better than expected despite global supply challenges.Tesla delivered more than 936,000 cars of al…
WASHINGTON — The United States on Saturday cut Ethiopia, Mali and Guinea from access to a duty-free trade program, following through on President Joe Biden’s threat to do so over accusations of human rights violations and recent coups.”The United State…
Washington, U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, climbed 18.4% in October from a year ear…
GAZA, A Palestinian official announced yesterday that, the unemployment rate in the Hamas-ruled Gaza Strip has exceeded 50 percent in 2021, with more than 250,000 Palestinians unemployed.Maher al-Taba’a, director of the Chamber of Commerce in Gaza, sai…
PARIS — As Europe rang in the New Year 20 years ago, 12 of its nations said goodbye to their deutschmarks, French francs, liras and pesetas as they welcomed the euro single currency.On January 1, 2002, euro notes and coins became a reality for some 300…
Published by Tribune News Service The iconic Jeep Wrangler, the go-anywhere 4×4 that was born in 1941 as a U.S.…
The U.S. Securities and Exchange Commission has declined an effort by Apple Inc. to skip a shareholder proposal asking the iPhone maker to provide greater transparency in its efforts to keep forced labor out of its supply chain.A group of shareholders …
ACCRA, GHANA — Lawmakers in Ghana exchanged blows late Monday evening over a proposed electronic payment tax.The government says the new tax would boost revenue for development, but parliament has been split over the idea and fights broke out when supp…
WASHINGTON, The International Monetary Fund approved a disbursement of $258.1 million for Kenya after completing a second review under a 38-month program to address debt vulnerabilities, the Covid-19 response and enhancing governance.The delivery of IM…
WASHINGTON, More than 12 million children in mainland Tanzania will benefit from a new World Bank-supported program that aims to make preprimary and primary education better and more accessible across the country.Primary enrollment in Tanzania increase…
CNN is closing its offices in the United States to all nonessential employees as COVID-19 cases increase, the network said on Saturday in an internal memo to staff seen by Reuters.CNN, part of AT&T Inc’s WarnerMedia division, will close its offices to …
