consumers

Samsung quarterly profit set to slump 25%, first decline in nearly three years

Samsung Electronics Co Ltd's (005930.KS) third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn…

3 years ago

India’s digital lending rules spark disruption, firms plan pushback

India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting…

3 years ago

Gas price surge, recession fears weigh on European shares

European shares slipped on Tuesday as investors fretted about soaring energy prices and a weak economic outlook after data showed…

3 years ago

Analysis: Are high prices unpatriotic or as American as you can get?

President Joe Biden's pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline…

3 years ago

UAE, Saudi say OPEC+ should not play politics

The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers'…

4 years ago

Analysis: Europe split on how to spare consumers energy price pain

Proposals from southern European countries to intervene in energy markets have highlighted the difficulty facing an EU summit this week…

4 years ago

Video game publisher Electronic Arts lowers annual adjusted sales forecast

Electronic Arts Inc (EA.O) lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces…

4 years ago

Britain to crack down on ‘misleading’ cryptocurrency adverts

Britain is to crack down on "misleading" advertisements for crypto assets which could harm consumers, the finance ministry said on…

4 years ago

Analysis: White House delay on Fed regulation chief bodes badly for bank M&A

The White House's delay in nominating the Federal Reserve's new regulatory chief is likely to compound a logjam in approving…

4 years ago

Amazon exec says Omicron’s impact on holiday spending uncertain

A senior Amazon.com Inc (AMZN.O) executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending…

4 years ago