South Korea's Samsung Electronics Co Ltd on Tuesday indicated it has no plan to cut investment in chips this year, even as a weak global economy condemns the industry to its worst downturn in over a decade. The guidance bucks a broader industry trend to scale back spending and output, fanning concern that the world's biggest memory chipmaker intends to draw on its deep pockets and superior profit margins to gain market share from smaller peers. "Samsung might be seeing this time as a good opportunity to increase market share, which should help it in the long term, at the expense of SK Hynix and Micron," said analyst Choi Yoo-june at Shinhan Securities.
MAËLYS, the leading prestige body care brand best known for its unparalleled approach to clinically-proven body care solutions, announces its arrival at one of Canada's most trusted beauty retailers, Shoppers Drug Mart. The brand is rolling out nationwide, both in stores and online at shoppersdrugmart.ca. This announcement marks an important milestone in the brand's retail expansion plans and will further complement MAËLYS' rapidly growing DTC channel. The expansion follows a very successful nat
New rules ignore realities of inland shipping, leaving industry to develop alternate strategies
Enapter AG (ISIN:DE000A255G02), together with its partner YEST, has received an order from South Korea for the delivery of two AEM electrolysers with a total capacity of 2 megawatts. The systems will be used in a 12.5 MW hydrogen pilot project on Jeju Island. The demonstration project is supported by the South Korean Ministry of Industry and Trade (Motie) with 62 billion South Korean won (43.3 million US dollars) and aims to investigate and compare hydrogen production with different electrolysis
We expect — as most Canadians likely hope – that the bank will conclude it has done enough
Keyera Corp. (TSX: KEY) ("Keyera") announced today that it expects to release its year end 2022 results before markets open on Wednesday, February 15, 2023. The release will be followed by a conference call and webcast that have been scheduled for Wednesday, February 15, 2022 at 8:00 AM Mountain Time (10:00 AM Eastern Time).
oneZero, a global leader in multi-asset enterprise trading technology solutions, today announced the appointment of Julian Gay as Director of Institutional Sales, EMEA. Julian will be responsible for further expanding oneZero's institutional business in the region and will be based in oneZero's London office.
As one of Canada's fastest-growing restaurant companies, Redberry Restaurants ("Redberry"), a multi-brand Quick-Service Restaurant (QSR) Franchisee, capped off an unprecedented year of growth, solidly positioning them for years of upcoming expansion.
(TSX: AOI) (Nasdaq-Stockholm: AOI) – Africa Oil Corp. ("Africa Oil", or the "Company") reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version
This spring, Gap is proud to partner with Ouigi Theodore, founder and creative director of The Brooklyn Circus – a Haitian-owned, historically inspired prep wear brand that exists as a staple for cultural tastemakers and fashion connoisseurs alike. The limited-edition Gap × The Brooklyn Circus capsule launches on January 31st available to shop on both brand websites, in select Gap stores, as well as The Brooklyn Circus flagship store in Boerum Hill, Brooklyn, NY.
Clarity from Pfizer Inc this week on whether China's relaxation of its Zero-COVID policy and the surge in infections there will lead to a spike in demand for its antiviral Paxlovid could spur analysts to alter their 2023 sales forecasts for the treatment. China was an insignificant market for Paxlovid before the strict infection-control policy was lifted, but Pfizer Chief Executive Albert Bourla said the company has since distributed millions of Paxlovid treatment courses there through a deal with China's Meheco. Talks between Pfizer and China's government health insurer bogged down over price, and the drug is only covered by China's broad healthcare insurance plan until late March.
TOKYO (AP) — Nissan and Renault have agreed to equalize the stakes they hold in each other, both sides said Monday, ironing out a source of conflict in the Japan-French auto alliance. Up to now, Renault Group has held a 43.4% stake in Nissan Motor Co., potentially giving it a larger say in how the Japanese automaker is run. It will transfer shares equivalent to a 28.4% stake to a French trust so each side will hold the same 15% stake in the other, according to the companies. The disparity betwee
The maker of the orange fizzy drink Irn Bru forecast revenue of 315 million pounds ($389 million) for the year ended Jan. 28 and said it expects full-year profit to be slightly ahead of market expectations. Analysts expect the group to report an annual revenue of 302 million pounds and a pretax profit of 42.6 million pounds, according to company-compiled estimates.
TD Bank and Bank of Nova Scotia still look cheap. Is one a good buy today? The post Better Buy: TD Stock or Bank of Nova Scotia? appeared first on The Motley Fool Canada.
Outdoor Fitness officially arrives in Ontario! Outdoor Fitness was born from a franchise company already established in Quebec, known as Cardio Plein Air. In Quebec, it has 50 franchises and operates in over 160 parks. The mission is to provide access to all-season outdoor activities to ensure well-being while promoting physical activity.
Quark Expeditions, the global leader in polar adventures, has announced a brand-new cutting-edge Greenland itinerary constructed around Ultramarine's two twin-engine helicopters—and brought to life with local Greenlandic partners, enabling guests to enjoy the most innovative itinerary in Quark Expeditions' 32-year history. The 11-day Greenland Explorer: Sail and Soar the Alpine Arctic will launch in 2024.
WASHINGTON (Reuters) -U.S. auto safety regulators said Tuesday they have opened a safety probe into more than 1.8 million Ford Explorer sport utility vehicles over reports windshield trim panels can detach while driving at highway speeds. The National Highway Traffic Safety Administration (NHTSA) said it was opening the preliminary evaluation into 2011 through 2019 model year Explorer SUVs because the issue could cause the detached part to hit the windshield of another vehicle or motorcyclist and cause a loss of vehicle control and crash. "Some of the complaints reported that the driver of the vehicle following behind the subject Ford vehicle allegedly was startled when the trim piece hit the windshield and momentarily lost control of the vehicle," NHTSA said.
Should you buy ARX stock? The post 5 Things to Know About ARC Resources Stock in January 2023 appeared first on The Motley Fool Canada.
The U.S. Treasury Department this week is likely to announce that it will offer fewer Treasury bills in the second quarter, after hitting its statutory borrowing limit. Any new indications over whether the Treasury could employ Treasury buybacks, or make changes to its auction schedule for some notes, will also be a focus of interest as market participants grapple with the best ways to improve liquidity in the $24 trillion Treasuries market. U.S. Treasury Secretary Janet Yellen activated a second extraordinary cash management measure on Tuesday, after previously warning that the Treasury could run out of funds in early June if the U.S. Congress does not approve an increase in the $31.4 trillion debt ceiling.
Instead of hopping on a plane to travel, Michael Downie opts for the train. “You have your bedroom, you get three meals a day, and you just look out the window and watch the country go by. You get to experience all of it,” said Downie. For the YouTube travel blogger, the journey is the trip itself. With the spring break travel season approaching, those looking to flee the cold, wet Canadian snow for sunnier skies will likely be met with a hefty price tag for their getaway, with inflation and inc