20, Jun, 2019
Samsung revenue declines, despite strong Galaxy S10 sales

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The smartphone slowdown isn’t stinging Samsung as much as some may have predicted, thanks to strong sales from its new Galaxy S10 lineup. Samsung said Monday that its first-quarter financial results were weighed down by weakness in its memory chip and display businesses, but that its newly launched flagship smartphone logged solid […]

Global brokerage house HSBC has retained buy call on Reliance Industries, the oil-retail-to-telecom major, with a price target of Rs 1,500 per share, implying 12 percent potential upside from current levels. The stock has been one of the biggest gainers in last one year among largecaps, rising 46 percent while in […]

Diageo CEO: Consumers moving from beer to more premium spirits   14 Hours Ago | 02:25 British distiller Diageo is dodging consumer confidence headwinds by taking advantage of trends in alcohol and drinking preferences, CEO Ivan Menezes told CNBC on Thursday. “We are benefiting from consumer trends where people are drinking […]

Confident we can offset biosimilar competition, Roche CEO says   23 Hours Ago | 02:32 Swiss health care giant Roche reported a 7 percent rise in 2018 sales on Tuesday, highlighting strong demand for its new range of medicines. Group sales climbed to 56.8 billion Swiss francs ($57.2 billion) with net […]