6 results

The court judgment, which was dated January 29th, said  that Barclays “cannot wait any longer”. Photograph: Lewis Stickley/PA Wire

The London High Court has approved a plan by London-based banking giant Barclays to move some £166 billion (€190 billion) of assets to its Irish subsi(...)

Samsung said its second-quarter net profit advanced 89 per cent on-year to set a new record of 11 trillion won or $9.8 billion  on the back of strong returns from its chip business

Samsung said a memory chip boom that propelled it to record profit in the second quarter is likely to continue in the third, just as revenue is widel(...)

Samsung said it planned to make up for lost revenue by expanding sales of flagship models such as the Galaxy S7 and Galaxy S7 Edge.

The financial burden of Samsung’s Note 7 crisis is becoming clearer, as South Korea’s largest company tallies the cost of recalling and terminating pr(...)

Bernie Madoff (77), is serving a 150-year prison term after pleading guilty in 2009 to running a scheme that cost investors an estimated $17 billion or more in principal sums. File photograph:  Mario Tama/Getty Images

A US appeals court on Wednesday upheld the convictions of five former employees of Bernard Madoff’s firm who prosecutors said helped their boss concea(...)

Ryanair was among the most actively traded, falling more than 1 per cent to €13.06. Photograph: Chris Radburn/PA Wire

European shares rose on Tuesday, following a somewhat choppy session, as an advance by oil and mining companies offset weakness in some banking stocks(...)

A young woman takes a photograph with a Samsung  smartphone at Cheonggye Stream in Seoul, South Korea. Samsung Electronics lost $25.3 billion in market capitalisation last month, more than the value of competitor Sony, as sales of its flagship Galaxy S4 smartphone fell short of investor expectations. Photograph: Woohae Cho/Bloomberg.

Samsung Electronics missed already modest expectations for its quarterly earnings guidance today, deepening worries that its smartphone business may h(...)