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LG profits fall in Q2 as smartphone losses widen

2019-07-30 11:27:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a sharp fall in profits in the second quarter, due to widening losses at its smartphone and automotive businesses. While revenues were up 4.1 percent to KRW 15.63 trillion, operating profit dropped 15.4 percent from a year earlier to KRW 652 billion, and net profit more than halved to KRW 106 billion. 

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Engineering giant Weir Group sees profits and orders rise

2019-07-30 11:04:38| BBC News | Business | UK Edition

The rise comes after Glasgow-based Weir Group made a big move into global mining.

Tags: group orders engineering rise

 
 

Metro Bank to replace Vernon Hill as profits dive

2019-07-24 18:56:47| BBC News | Business | UK Edition

The challenger bank will appoint a new chairman after an accounting failure shook confidence in his leadership.

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Etisalat sees profits surge on MENA 5G launch

2019-07-23 02:00:00| Total Telecom industry news

UAE based telco, Etisalat, has reported a 3.1 per cent increase in its net profit for the first half of 2019. During this period, Etisalat launched 5G mobile network services in the UAE and prepared for subsequent launches across the Arabian Peninsula…read more on TotalTele.com »

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Asos shares slump as it warns on profits

2019-07-18 11:28:41| BBC News | Business | UK Edition

The online fashion giant says sales growth has been held back by warehouse problems in the US and Europe.

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