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BUSINESS

BUSINESS latest

LG Electronics Releases Second-quarter 2026 Financial Results
August 5th, 2026 - 03:21 GMT

LG Electronics Releases Second-quarter 2026 Financial Results

LG Electronics (LG) today announced consolidated revenue of USD 16.60 billion and operating profit of USD 1.10 billion for the second quarter of 2026. Revenue and operating profit both reached their highest second-quarter levels in the company’s history. Revenue increased 14.9 percent year-over-year, while operating profit rose 147 percent. The competitiveness of the industry-leading home appliance business continued to deliver solid growth despite continued macroeconomic and geopolitical uncertainty. Combined with a boost from major sporting events, the continued momentum of LG’s vehicle solutions business contributed to company-wide revenue growth. Across ...
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China-US tech war escalates as Beijing vows to protect interests
August 10th, 2023 - 11:41 GMT

China-US tech war escalates as Beijing vows to protect interests

RJ may go bankrupt as losses exceed capital
August 10th, 2023 - 10:52 GMT

RJ may go bankrupt as losses exceed capital

Mark Zuckerberg announces new features for Threads App
August 10th, 2023 - 10:49 GMT

Zuckerberg announces new features for Threads App

Disney, reports mixed results for Q3 amid streaming challenges
August 10th, 2023 - 10:47 GMT

Why did Disney report mixed results for Q3?

Rice prices surge in Asia to 15-Year high amid global food supply concerns
August 10th, 2023 - 10:30 GMT

Rice prices in Asia surge to 15-year high amid supply concerns

Samsung unveils next generation of Galaxy devices in the UAE
August 10th, 2023 - 10:15 GMT

Samsung unveils next generation of Galaxy devices in the UAE

ADIB achieves strong growth with over £100m in UK Commercial Real Estate financing in the First Half of the Year
August 10th, 2023 - 09:52 GMT

ADIB achieves strong growth with over £100m in UK Commercial Real Estate financing in the First Half of the Year

Breaking News
August 10th, 2023 - 09:50 GMT

Mali and France exchange travel bans on entry visas

Watch – How Etihad Airways Did The Impossible:  A Mid-air Orchestra In Skydiving Stunt
August 10th, 2023 - 09:15 GMT

Watch – How Etihad Airways Did The Impossible: A Mid-air Orchestra In Skydiving Stunt

Huawei Awards KSA Graduates of ICT Talent Training Program 2023 in collaboration with MCIT and Saudi Digital Academy
August 10th, 2023 - 09:00 GMT

Huawei Awards KSA Graduates of ICT Talent Training Program 2023 in collaboration with MCIT and Saudi Digital Academy

Bustami & Saheb Group sponsors Jerash Festival of Culture and Arts, providing luxurious transportation for participating guests.
August 10th, 2023 - 08:50 GMT

Bustami & Saheb Group sponsors Jerash Festival of Culture and Arts, providing luxurious transportation for participating guests.

DAMAC's 120-villa Maldives Island Resort Construction on Track for 2025 Delivery
August 10th, 2023 - 08:43 GMT

DAMAC's 120-villa Maldives Island Resort Construction on Track for 2025 Delivery

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