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July, 30, 2016

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Business > Company Focus
Despite a flurry of frustration on social media, the record-breaking video game that has become a global phenomenon has yet to make its way to Taiwan, and the reason may just be one guy and his patent lawsuit.
 
British bank Lloyds will axe 3,000 more jobs by 2017, it said Thursday, as it braces for the Bank of England's widely expected post-Brexit interest rate cut next week.
 
It's all smiles for Samsung
A girl experiences Samsung Electronics' Gear VR at its showroom in Seoul, July 7. Samsung Electronics Co. reported Thursday forecast-beating earnings results that were the best in two years as consumers snapped up its Galaxy smartphones, in a sign the company is getting its mojo back while rivals fail to deliver new smartphones.
 
BAE Systems, the British maker of military equipment, posted a modest increase in first-half profits Thursday on the back of rebounding demand from governments worldwide.
 
Royal Dutch Shell's net profit collapsed 71 percent in the second quarter on the back of ultra-low oil prices, the British energy giant said Thursday.
 
Japan's Nippon Steel & Sumitomo Metal said Thursday it swung to a loss in its fiscal first quarter as slowing Chinese demand and lackluster sales at home dented its bottom line.
 
French supermarket group Carrefour said Thursday its half-year net profit tumbled due to one-off items and as low fuel prices and currency rates ate away at sales.
 
Toyota is in danger of losing its crown as the world's biggest automaker this year as sales fall behind those of German rival Volkswagen, new figures showed Thursday.
 
Boeing, absorbing billions in write-downs related to two of its newest commercial jets and a military fuel tanker, reported its first quarterly loss in nearly seven years.
 
Sales of popular home appliances and televisions offset slumping smartphone sales at South Korea's LG Electronics, which reported a sharp increase in second-quarter net profits on Thursday.
 
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