Samsung wobbles but stays its ground

Seoul (AFP) - Buffeted by sliding profits and emboldened competitors, mighty Samsung Electronics is looking unusually vulnerable these days, but analysts say its financial muscle and product diversity make "crisis" talk more than a little premature.

Samsung and Apple 'growth to stagnate' as cheaper players enter smartphone wars

Technology giants Samsung and Apple’s seemingly unstoppable march to dominate the global smartphone market is to run aground and “stagnate”, ratings agency Fitch warned today.

The Chinese technology companies poised to dominate the world

As we walked into Huawei's offices in Shenzhen, southern China, our English guide paused for a moment.

Nissan profits jump 10% as sales rise

Nissan has seen full-year profits jump 10%, boosted by better sales, cost-cutting and a weaker yen.

Nissan to Beat China Growth for First Time Since 2011

Nissan Motor Co. (7201) forecast its growth in China will outpace industrywide sales in the country for the first time in three years as consumers in the world’s largest auto market return to Japanese brands.

Total says to buy Chevron petrol stations in Pakistan

PARIS: French energy giant Total and its Pakistani partner PARCO said today they had reached a deal with American oil major Chevron to buy its fuel distribution network in Pakistan.

Verizon bets big on U.S. wireless market

One of the biggest deals in corporate history solely targets the already saturated U.S. wireless market.

Vodafone confirms talks with Verizon over US stake sale

Vodafone has confirmed it is in talks with US company Verizon Communications over the sale of its 45% stake in their joint venture, Verizon Wireless.

Suzuki to invest $611 million to build car plant in Indonesia

TOKYO: Suzuki Motor Corp is investing 60 billion yen ($611.4 million) to build a new passenger car plant in Indonesia, a spokesman said on Sunday, as Japanese automakers target the world's fourth most populous state.

Chinese demand for Jaguar boosts JLR June sales

British luxury carmaker Jaguar Land Rover reported a 7 per cent rise in June sales as it sold more Jaguar cars in China, the company's fastest growing market.

No sign of BlackBerry turnaround in results, shares plunge

TORONTO: BlackBerry's market capitalization plunged by more than 25 per cent on Friday after the smartphone maker reported dismal quarterly results, prompting deeper investor skepticism of the company's long-promised turnaround.

UK car production on track to overtake France by 2018

LONDON: Britain may overtake France as Europe's second largest automotive producer within the next five years if UK car sales and exports maintain current strong growth, industry executives said on Thursday.

Coca-Cola goes global with anti-obesity push; to make lower-calorie drinks

NEW YORK: Coca-Cola says it will work to make lower-calorie drinks and clear nutrition information more widely available around the world.

Volkswagen committed to European plants: CEO Martin Winterkorn

VIENNA: German carmaker Volkswagen will keep its plants in Europe despite weak markets in the region that will require flexible manufacturing and could entail cuts to temporary staff, Chief Executive Martin Winterkorn said.

HSBC raises money laundering provisions by $800m

HSBC bank has put aside a further $800m (£500m) to cover potential money-laundering fines in the US and has announced a fall in quarterly profits.

Volkswagen eyes budget cars for emerging markets in 2 years

FRANKFURT: Europe's biggest car maker Volkswagen today said it is considering selling " budget cars" for as little as 5,000 euros (USD 6,500) in emerging markets "within two years".

Guinness maker Diageo sees profits jump

Diageo, the world's biggest producer of spirits, has reported a big jump in annual profits, thanks in part to strong sales and acquisitions in emerging markets.

Investing in the Emerging-Market Consumer

With much of the eurozone mired in a recession and the recovery in the United States progressing at an almost glacial pace, it's not surprising that investors are increasingly turning to emerging markets to augment portfolio returns.

Luxury goods buck economic slowdown

Fuelled by surging demand in China, luxury goods makers are bucking the global economic slowdown and reaping huge profits on sales of high-end handbags, expensive jewellery and posh perfumes.

Analysis: Apple sounds warning bell for smartphone industry

(Reuters) - If Apple Inc's weaker-than-expected quarterly result is anything to go by, the global smartphone industry is a lot more vulnerable to economic shocks these days than during the 2008-2009 financial crisis.