Business – Page 223 – Arab Daily Digital

Q4 2020: Samsung To Post $9 Bn Operating Income

Samsung Electronics, the world’s largest memory chip maker, is expected to report a smaller-than-earlier operating income estimate due to the weakness of the US dollar, industry sources said on Sunday. Samsung, also

3 January 2021

Business·World News

Apps Spending Touched $407 Mn On Christmas

Consumers around the globe spent an estimated $407.6 million across Apple’s App Store and Google Play on Christmas, a year-over-year growth of nearly 35 per cent per cent from approximately $303 million

3 January 2021

Business·Tech Lite

Whatsapp Users Make 1.4 bn New Year Calls

WhatsApp users the world over made more than 1.4 billion voice and video calls on New Year’s Eve, the most ever calls in a single day on the platform, Facebook said. As

3 January 2021

Business·Tech Lite·USA

Global Laptop Sales Hit Record Highs in 2020

Riding on the surge in remote work and learning, the global laptop market will hit a high in 2020, increasing 9 per cent (on-year) to reach 173 million units and over $132

31 December 2020

Business·Economy

Nifty50 Touches 14K Mark First Time Ever

The Nifty50 on the National Stock Exchange (NSE) has crossed the 14,000 mark for the first time ever. It touched an all-time high of 14,010.15 points amid a largely subdued trade. The

31 December 2020

Business·Economy

Profit to GDP Ratio To Begin Growth Shortly: Report

Corporate earnings recovery will likely provide a cushion for valuations in 2021, Motilal Oswal Private Wealth Management said in its 2020 year-ender note. It pointed out that earnings growth over the last

31 December 2020

Business·Economy·India News

Independent Sellers Saw Huge Growth During Holidays: Amazon

As online shopping boomed this year amid Covid-19, Amazon has said that this holiday season has been the best ever for independent businesses selling on the marketplace with worldwide sales growing over

29 December 2020

Business·Economy

GST Compensation: Union Govt Releses Further Rs 6K Crore

The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60 crore has

29 December 2020

Business·Economy

Musk Hints Delay In Tesla Rollout In India

Tesla CEO Elon Musk who earlier said that the process to bring Tesla cars to India will begin in January 2021, has now refused to give any fixed timeline when his electric

29 December 2020

Business·India News

China Begins Probe On Jack Ma’s Ant Group

After China’s top market watchdog began investigation last week into alleged anti-competition practices by ecommerce giant Alibaba, media reported on Monday that the country has now laid out ‘rectification plan for the

29 December 2020

Business·China·Economy·World News

Business - Page 223