Smartphones drive record Samsung profit Canada Dot Com | SEOUL (Reuters) - Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals. | The South Korean firm, the world's ...
Obama and GOP candidates offer a campaign preview The Guardian | DAVID ESPO | AP Special Correspondent= WEST PALM BEACH, Fla. (AP) — On a day that combined two campaigns into one, President Barack Obama on Wednesday challenged Republicans to raise taxes on the rich as GOP rivals Mitt Romney and Newt Gingrich swiped at him on the economy and criticized each ot...
Indonesia sees flat exports in 2012, hit by Europe The Guardian * Indonesia 2011 exports at $205-$210 billion - trade min. * GDP likely to remain up due to domestic spending * Previous export outlook was for single digit growth * Exports account for about 26pct of Indonesia's GDP By Tomasz Janowski and Kelvin Soh...
Ailing cocoa exporter to focus on Asia to counter falling sales Jakarta Post | Cocoa butter and powder firm PT Davomas Abadi says it is diversifying into Asian markets to counter declining sales in Europe and the US. | “Last December, we tried to sell to China. The amount was insignificant. We are also studying the potentia...
The Cocoa Comeback All Africa allAfrica.com (Washington, DC)-"That is still a tall order," Michael Titoe says with a chuckle as he contemplates Liberia launching its own brand name chocolate. A fellow of the World Cocoa Foundation and director of coordination at the Liberian Mini...
Cocoa Exporter Davomas Sees 2011 Revenue Slump Jakarta Globe Revenue at Davomas Abadi, an Indonesian exporter of cocoa butter and cocoa powder, fell by almost 19 percent last year on slowing demand from Europe and the United States, its main overseas markets, a company official said on Friday. | Revenue at the...
National Cocoa Rehabilitation Programme Takes Off All Africa Public Agenda (Accra)-The National Cocoa Rehabilitation programme by the Ghana Cocoa Board (COCOBOD) has taken off. The programme which started in the second quarter of 2011 seeks to increase and sustain cocoa production in Ghana through rehabilitati...
ICE Cocoa at 2-month high, sugar firm The Guardian LONDON, Jan 27 (Reuters) - ICE cocoa rose to a two-month peak on Friday, building on recent gains, while sugar and coffee firmed, as fears of Europe's debt woes spreading capped gains. COCOA * Cocoa futures on ICE rose to the highest level in more th...
Samsung smashes profit record on smartphone sales The Himalayan | Added At: 2012-01-27 2:43 PM | Last Updated At: 2012-01-27 2:43 PM | The Himalayan Times - Saved Articles(s) | The headlines has been added to your saved article(s) | To View your saved article(s)please | Close ...
Smartphones power record Samsung profit; sets $22 billion capex Zeenews Seoul: Samsung Electronics Co posted a record USD 4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend USD 22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rival...
Forbes Earnings Preview: Archer Daniels Midland Forbes | Analysts expect decreased profit for Archer Daniels Midland (ADM) when the company reports its second quarter results on Tuesday, January 31, 2012. Although ADM reported profit of $1.14 a year ago, the consensus estimate calls for earnings per shar...
World stocks muted ahead of US growth figures my SA | BANGKOK (AP) — World stocks faced multiple headwinds Friday after disappointing Japanese earnings, higher unemployment in Spain and weak U.S. home sales. Investors awaited quarterly growth figures from the U.S. later in the day. | Benchmark oil hovered below $100 per barrel while the dollar was lower against the euro and the yen. | European sha...
Hamish McRae: How much longer can the banks carry on stealing from savers? The Independent | I think we pretty much knew that already, but it has become even clearer in the past few days. We have had a hint from Mervyn King of a further injection of cash into the British economy. We have seen the impact of the European Central Bank's €300bn credit line to Europe's banks on sovereign bond yields – basically, the banks can borrow for t...
