Samsung warns of phone profit fall

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Source: Dukascopy Bank SA
On Thursday, Samsung Electronics flagged falling mobile business profit on the back of a positive outlook of iPhone sales reported by its rival Apple Inc, loosing hopes that new models would help the world's biggest smartphone vendor revives growth.
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Thu, 31 Oct 2019 10:35:45 GMT

Shell frets slowing global economy to hit its buyback timetable

On Thursday, Royal Dutch Shell has warned that the slowing global economy could affect its $25B share buyback programme, as its Q3 profits topped expectations on robust gas and oil trading.

Thu, 31 Oct 2019 08:34:37 GMT

Fiat Chrysler, Peugeot plan to join forces

Peugeot owner PSA and Fiat Chrysler are planning a tie-up via a 50/50 share-swap to build the fourth-largest carmaker in the world, both companies said on Thursday, causing a new consolidation wave in the auto industry.

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