profits

Business

Samsung racks up record profits on global demand for memory chips

Tech giant Samsung reported a record quarterly profit on Friday, owing to rising global demand for memory chips. “Samsung has…

News

Indian ministers approve plans to privatise Air India after 64 years

Government ministers in India approved plans to privatise Air India, the debt-laden national carrier on Wednesday. Faced with competition from…

Business

Tesco’s £3.7bn Booker deal faces scrutiny from competition watchdog

The competition watchdog has launched an initial investigation into Tesco's planned £3.7bn takeover of Booker, the largest UK wholesaler. The combined company…

News

As McDonald’s shares soar, the fast food giant’s CEO dismisses Brexit fears

McDonald's chief executive Steve Easterbrook put concerns surrounding Brexit uncertainty to bed earlier this week, insisting that he remains confident in…