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Samsung likely to report $9bn in operating income in Q4
Samsung likely to report $9bn in operating income in Q4

Seoul, Samsung Electronics, the world's largest memory chip maker, is expected to report a smaller-than-earlier operating income estimate due to the weakness of the US dollar, industry sources said on Sunday.

Samsung, also the world's largest smartphone vendor, is likely to report an operating income of 9.

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India's Dec merchandise exports slip by 0.80% YoY
India's Dec merchandise exports slip by 0.80% YoY

New Delhi, Lockdown measures in some of the key export markets subdued India's merchandise exports in December 2020 by 0.80 per cent to $26.89 billion from $27.11 billion in December 2019, preliminary data showed on Saturday.

"India's merchandise exports in December 2020 totalled $26.89 billion, compa

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DHFL COC seeks to oust Oaktree from bidding race; rules changed again to favour Piramal
DHFL COC seeks to oust Oaktree from bidding race; rules changed again to favour Piramal

New Delhi/Mumbai, Banking sources reveal that some of the members of the Committee of Creditors (CoC) with large exposure to DHFL, are seeking to oust Oaktree from the bidding race for DHFL assets.

Interestingly, Oaktree has emerged as H1 with the highest bid of Rs 38,400 crore.

However, at the inst

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Office space absorption seen gaining pace in coming quarters: Report
Office space absorption seen gaining pace in coming quarters: Report

New Delhi, As commercial real estate has witnessed a recovery off late from the lockdown lows, office space absorption is seen gaining pace in the upcoming quarters, said a recent report.

The JLL report noted that the fourth quarter of 2020 saw recovery being sustained both in net absorption as well as in new comp

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UN announces establishment of Libyan Political Dialogue Forum's advisory committee
UN announces establishment of Libyan Political Dialogue Forum's advisory committee

United Nations, The UN Support Mission in Libya has announced the establishment of the Advisory Committee of the Libyan Political Dialogue Forum (LPDF).

"The committee's mandate will be strictly time-bound and its main mission shall be to discuss outstanding issues related to the selection of a unifi

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Saudi Arabia lifts ban on int'l flights, land & sea entry
Saudi Arabia lifts ban on int'l flights, land & sea entry

Riyadh, Saudi Arabia announced on Sunday the lifting of the ban on all international flights as well as land and sea entry, the Saudi Press Agency reported.

The two-week ban was part of the precautionary measures against the spread of a mutant variant of coronavirus detected in a number of countries, Xinhua news a

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China's Mars probe travels more than 400 million km
China's Mars probe travels more than 400 million km

Beijing,  The China National Space Administration (CNSA) announced on Sunday that the country's Mars probe Tianwen-1 has travelled more than 400 million km and is expected to enter the Red Planet's orbit next month.

As of 6 a.m. on Sunday, the probe had flown in space for 163 days and was about 130 mi

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Israel's active Covid-19 cases highest since Oct 2020
Israel's active Covid-19 cases highest since Oct 2020

Tel Aviv, The number of active coronavirus cases in Israel has increased 50,299, the highest since October 12, 2020, the Health Ministry said on Sunday.

This is a jump of about 559 per cent from November 15, 2020, when 7,629 active cases were recorded, reports Xinhua news agency.

Jerusalem has 9,841

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Philippines logs 891 new Covid-19 cases
Philippines logs 891 new Covid-19 cases

Manila,  The Department of Health (DOH) of the Philippines reported 891 new confirmed Covid-19 cases on Sunday, increasing the overall infection tally in the country to 477,807.

In a statement, the DOH said the low daily tally of cases is "due to a decrease in the number of patients seen in Covid-19

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11 coal miners kidnapped, killed in Balochistan
11 coal miners kidnapped, killed in Balochistan

Islamabad, Pakistan's Balochistan province has been in the grip of terrorist attacks on security personnel and local residents, putting the authorities on high alert 24/7 and in a latest tragic incident, at least 11 coal miners were kidnapped and killed on Sunday by unidentified armed men.


As per detai

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