Samsung Elec forecasts weaker 2019 earnings as chip sales slow

SEOUL: Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips. The global market leader in computer chips and smartphones said it expected "overall annual earnings to ...

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German cabinet to hold secret session on Huawei's role in 5G network: Report

The German cabinet will hold a secret session on Wednesday to discuss safeguard measures regarding the possible participation of China's Huawei Technologies in building Germany's 5G network, the daily Handelsblatt said, citing government sources. from Latest http://bit.ly/2UI6lRu

Lalbaugcha Raja organisers fined for 183 potholes

The very popular Lalbaugcha Raja, a sarvajanik Ganesha idol kept at Lalbaug area of South Mumbai which draws large crowds each year has been fined by Rs 3.66 lakh by the BMC for 183 potholes which were found on the road where their idol is erected. from Mumbai News: Latest Mumbai News Headlines, Coronavirus News, BMC Elections 2022 Updates from Mumbai - Times of India https://ift.tt/3nkEIPJ

Oil prices shoot to 2019 highs on US Iran sanctions move

LONDON: World oil prices struck fresh 2019 highs on Tuesday (Apr 23) after the US cracked down on Iranian oil exports while stock markets were buoyed by a raft of positive US corporate results. Oil prices shot up on Monday after the White House announced it would end six-month waivers that had ... from Latest http://bit.ly/2vh9z3E

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