Samsung reports record quarterly profit but warns of weakness in global smartphone market

(Reuters) — Samsung stated weakness in the global smartphone market would gradual earnings development, because it reported record quarterly profit on Thursday because of sturdy demand for semiconductors used in servers. The world’s greatest maker of reminiscence chips, smartphones and tv units additionally flagged softer demand for smartphone OLED panels …

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‘There is no time to lose:’ Deutsche Bank is embarking on a major overhaul – and it will lead to big job losses

REUTERS/Luke MacGregorA person walks previous Deutsche Bank places of work in London December 5, 2013. Deutsche Bank set for major enterprise overhaul together with vital job losses. The German lender plans to reduce US operations in each charges gross sales and buying and selling, whereas company finance operations in each …

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