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VIDEO: Can 'mindfulness' increase profits?

2013-01-29 12:55:51| BBC News | Business | UK Edition

In amongst all the talk of boosting the global economy at the World Economic Forum in Davos, something called 'mindfulness' crept on to the programme for the first time.

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Ryanair profits rise, confirms Aer...

2013-01-28 14:23:47| Airlines - Topix.net

Ryanair on Monday said that net profit rose 21 percent in the group's third quarter, as the Irish no-frills airline confirmed a proposal it hopes will enable it to finally win a battle to buy rival Aer Lingus.

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Samsung's Q4 profits jump 76%, warns for smartphone slowdown

2013-01-25 02:54:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics saw its fourth-quarter profit jump 76 percent to KRW 7.04 trillion from KRW 4.01 trillion a year earlier. Sales rose 19 percent to KRW 56.06 trillion. The mobile communications division was the main contributor, growing sales 58 percent to KRW 27.23 trillion. The growth was mainly driven by solid sales of the Galaxy S III and Galaxy Note II. For 2013, Samsung expects intensified competition amid smartphone growth slowdown, and for the tablet market, the company foresees more competition as well as strong growth with emerging market expansion. Profitability of the network and IT division decreased due to intensified price competition, while sales of LTE equipment and notebooks in overseas markets increased. At the semiconductor division, sales grew 5 percent year-on-year to KRW 9.59 trillion due to the differentiated product mix but memory sales were down 2 percent to KRW 5.33 trillion. The consumer electronics division saw sales slip by 1 percent to KRW 13.95 trillion and display panel sales fell 9 percent to KRW 7.75 trillion as TV panel sales declined.

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Samsung profits up 76% on mobile

2013-01-25 02:20:24| BBC News | Business | UK Edition

Samsung Electronics profits surge 76% in the last three months of 2012, on the strength of its booming smartphone business.

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Airlines 'made billions in windfall profits' from EU carbon tax

2013-01-24 10:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Airlines made windfall profits of up to 1.2bn ($1.81bn) last year from a EU carbon tax they claimed would impose crippling costs on industry, according to a report into the measure's impact on the industry. The EU backed off on plans to charge airlines for their carbon pollution after ferocious opposition from American, Chinese, Russian and other airlines, which argued the charge would cost the industry billions. Congress passed a law last November shielding US carriers from paying the tax....

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