Bloomberg Samsung Electronics Co’s profit dropped by the most in over a decade, in a sign that the global economic slowdown may be hurting electronics demand even more than anticipated. South Korea’s largest company has been grappling with weak demand for memory chips, smartphones and displays as consumers tamp down holiday spending amid soaring interest rates and inflation. Adding to ...

Bloomberg Russia’s defense ministry claimed a major strike on Kramatorsk in the Donetsk region, killing hundreds of Ukrainian servicemen in retaliation for the New Year’s Day rocket attack on Makiyivka that killed at least 89 Russian troops. There was no immediate response from Ukraine. The ceasefire unilaterally declared by Moscow over Orthodox Christmas ended on January 7. President Volodymyr Zelenskiy ...

Bloomberg Nato won’t let Serbia redeploy its security units in Kosovo, turning down a request made in December 2022 amid soaring tensions between the local Serb minority and Kosovo’s ethnic Albanian authorities, Serbia’s President Aleksandar Vucic says. “We all knew and expected such response” from Nato’s Kosovo Force, or KFOR, Vucic said in interview to Belgrade-based Pink TV. The Nato ...