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Samsung Q3 earnings beat profit estimates on strength of smartphones and displays

Bloomberg Samsung Electronics Co posted better-than-expected earnings and projected a gradual recovery in the memory chip market in 2020 as fifth-generation wireless technology rolls out globally. Shares in South Korea’s largest company climbed as much as 2% after it posted net income of 6.1 trillion won ($5.2 billion) for the September quarter, surpassing the 5.5 trillion won average of projections. ...

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Ford’s $6b deal with United Auto Workers goes for vote

Bloomberg United Auto Workers (UAW) leaders endorsed a tentative agreement with Ford Motor Co and sent it to workers for a ratification vote after contract negotiations that lacked the drama surrounding the 40-day strike at General Motors Co. While the deal calls for the closing of an engine plant in Michigan, it also includes $6 billion of product investments in ...

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UK lawmakers invite 30,000 to attend first climate change session

Bloomberg UK lawmakers have sent invitations to 30,000 people across the UK to take part in Britain’s first Climate Change Assembly. The assembly, which will be organised by cross-party committees, will garner views from citizens on how to reach Britain’s target of reaching net zero emissions by 2050, the committees said in a joint statement. “We now need to set ...

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