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Samsung Electronics Faces 35% Drop In Q4 Operating Profit

Samsung Electronics has reported a 35 per cent decline in its fourth-quarter operating profit, a figure much worse than analysts had anticipated. The world’s leading memory chip, smartphone, and TV manufacturer estimated its operating profit to be 2.8 trillion won (USD 2.13 billion) for October-December, down from 4.31 trillion won in the same period the […]

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International News

Global Oil Prices Surge Over 2% Amidst Geopolitical Tensions

Oil prices witnessed a robust start to the New Year, surging over two per cent in the first trading session. The spike was attributed to potential disruptions in Middle East supply chains following the recent attack on a container ship in the Red Sea. Brent crude rose by USD 1.72, or 2.2 per cent, reaching […]

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