Tag Archives: lose

LG Q3 report: profits increase as smartphones lose less money

LG kept its tradition to introduce its financial results on the last Thursday of the month, following the end of a quarter, and the numbers look good. The Korean company made a profit KRW748.8 billion ($668 million), which is the best quarter in 2018. The black sheep in the family is the Mobile Communications division which keeps bleeding… Read More »

Asian factories lose some momentum in May on soft export demand

Factories across much of Asia ran into a soft patch in May as export demand slowed, but analysts said the weakness was likely to be temporary amid signs of steady improvement in the global economy. The findings from private business surveys came a day after Moody’s Investors Service painted an upbeat picture of global growth. The readings add… Read More »

GE Capital aims to lose ‘too big to fail’ status

General Electric’s financing arm – GE Capital- has asked regulators to remove it from the list of institutions deemed “too big to fail” after having shrunk the size of its business. GE said it no longer posed “any conceivable threat to US financial stability”. US regulators labelled GE Capital a systemically important financial institution (SIFI) in 2013. SIFIs… Read More »