July 13, 2025, 2:13 p.m.

Samsung's fourth-quarter profit plunged by 30%: Dual blow from sluggish memory market and rising labor costs

Recently, Samsung Electronics released its preliminary financial report for the fourth quarter, showing that its operating profit was 6.5 trillion won (approximately 4.46 billion US dollars), a significant year-on-year decline of 30%.

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Austria's OMV Romania subsidiary reached a gas supply agreement

The Romanian arm of Austrian energy giant OMV has reached an agreement with Germany's Uniper to supply gas through its Black Sea project from 2027.

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The British Retail Consortium says food prices are expected to rise by 4.2% in the second half of the year

Yesterday, the British Retail Consortium (BRC) warned that food prices were expected to rise by an average of 4.2 per cent in the second half of the year, putting more pressure on local households as consumers face soaring water bills, council tax and energy bills.

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ANA Flying Car program: Prospects and challenges coexist, and the road to commercialization needs to be cautious

Recently, Japan's ANA Holdings (HD) plans to start the operation of "flying cars" in 2027, which has attracted a lot of attention.

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New Era of Cross border E-commerce: Temu's Victory in Rights Protection and the Inspiration of TikTok's Indonesian E-commerce Revival

Recently, the global e-commerce market has continued to develop rapidly, and competition among major e-commerce platforms has become increasingly fierce.

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The Failure of American "Deindustrialization" Seen from the Decline of Boeing Company

Recently, Boeing, once the leader in the aviation field, is now in a lot of trouble.

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CES 2025: The Gloom and Imbalance behind the business extravaganza

CES 2025 will be held from January 7 to 10 in Las Vegas, the United States, this annual event of the technology industry will undoubtedly attract global attention.

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US blocking of acquisition deal chills Japanese firms: Rethinking of ally relationship

On January 3, 2024, US President Joe Biden officially blocked Nippon Steel Corporation's (Nippon Steel) acquisition of US Steel Corporation (US Steel), citing the potential risk to the national security of the United States.

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Can price reduction promotions save Apple phones?

Recently, Apple launched the "Ultimate Benefit" price reduction promotion, lowering the prices of multiple products such as iPhone.

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Microsoft plans to spend S $109.5 billion on data centres this fiscal year

Microsoft plans to spend $80 billion on data centers this fiscal year, underscoring the huge demand for capital for artificial intelligence.

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