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Struggling Samsung's Profits Set To Fall By 30%

Written By Unknown on Rabu, 08 April 2015 | 00.25

Samsung has predicted a 30% drop in profits for the first quarter of 2015. It expects its operating profit between January and March to be around £3.6bn on revenue of around £29bn. That means the struggling smartphone maker has suffered a year-on-year...
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Energy Bosses’ Fury Over IoD Smart Meter Call

By Mark Kleinman, City Editor Britain's energy companies have launched an extraordinary attack on one of the country's most respected business groups amid calls for the Government to scrap an £11bn scheme that will see smart meters installed in every...
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'Radical' Pension Changes Come Into Force

By Poppy Trowbridge, Consumer Affairs Correspondent Major changes to pension rules come into effect today which will allow savers to have more control over their money when they retire. People aged over 55 are now able to cash in their pensions and...
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Tories 'Plan Secret Tax Cut For Millionaires'

Labour has accused the Conservatives of plotting a secret tax cut for millionaires after the General Election, as political parties launched a battle over economic statistics. Shadow Chancellor Ed Balls predicted a Conservative government would hike...
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Survey: Half Of Men Do Not Give To Charity

By Sean Dilley, Sky News Reporter Charities should do more to target young people and men who do not give to charitable causes, according to a report into the UK's giving habits. The survey conducted by the Charities Aid Foundation found that nearly...
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FedEx Delivers €4.4bn TNT Express Takeover

FedEx has announced a €4.4bn (£3.3bn) takeover of Dutch rival TNT Express in a deal aimed at boosting its presence in Europe. The companies said they had "reached conditional agreement on a recommended all-cash public offer of €8 per ordinary...
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The Mobile Battery That Charges In One Minute

The Mobile Battery That Charges In One Minute We use cookies to give you the best experience. If you do nothing we'll assume that it's ok. Close Play video "Charge Your Phone In One Minute?" Video: Charge Your Phone In One...
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HSBC Faces New Hit Under Labour Bank Levy

By Mark Kleinman, City Editor HSBC faces an additional bill running to several hundred million pounds under Labour plans to increase a tax on the balance sheets of Britain's biggest lenders. Sky News understands that HSBC would face the heaviest...
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UK Bank Scandal Costs Hit £39bn - Report

Britain's biggest banks have collectively racked up a £39bn bill as a result of financial scandals over just three years, a report has found. A study by auditors KPMG covered financial results from Royal Bank of Scotland (RBS), Lloyds, Barclays,...
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MedicAnimal Owner Vets Buyers For £100m Sale

By Mark Kleinman, City Editor One of Europe's leading technology investors is to begin vetting buyers for a £100m takeover of MedicAnimal, an online supplier of petcare products. Sky News understands that Balderton Capital has engaged bankers at...
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