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Business News - Page 354

A woman walks past a signboard of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 5, 2024. - Samsung Electronics said on April 5, it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover. (Photo by Jung Yeon-je / AFP)
A woman walks past a signboard of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 5, 2024. - Samsung Electronics said on April 5, it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover. (Photo by Jung Yeon-je / AFP)

Samsung Electronics forecasts major Q2 profit jump

Samsung Electronics said Friday it expects second-quarter operating profits to rise more than 15-fold on-year as chip prices bounce back and demand for generative AI continues to grow. The firm is the
1 day ago
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ETI successfully raises $350m bond

Ecobank Transnational Incorporated (ETI) has announced that it has successfully raised $350 million tier two bond. This represents the first-ever tier two sustainability notes by a financial institution in Sub-Saharan Africa.
3 years ago
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