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Samsung Elec sees tech device recovery in 2022, more supply chain challenges

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd on Thursday forecast a recovery in global tech device demand in 2022 after reporting its best fourth-quarter profit.

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China Evergrande Shares Fall After Its Restructuring Plan Fails to Impress

By Gina Lee Investing.com – China Evergrande Group’s (HK:3333) shares tumbled on Thursday, as investors expressed skepticism about the company’s thinly detailed plan to have a preliminary restructuring proposal in place in six months..

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Apple to let iPhones accept credit cards without extra hardware – Bloomberg News

(Reuters) – Apple Inc (NASDAQ:AAPL) is planning a new service that will allow small businesses to accept payments directly on their iPhones without any extra hardware, Bloomberg News reported on.

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Southwest Airlines reports first quarterly profit in two years

CHICAGO (Reuters) – Southwest Airlines (NYSE:LUV) Co on Thursday reported its first quarterly profit, without U.S. government aid, in two years on the back of strong holiday travel demand. On.

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McDonald’s revenue takes a hit from pandemic curbs in China, Australia

(Reuters) – McDonald’s Corp (NYSE:MCD) missed revenue expectations on Thursday, as dismal sales in its more than 4,500 restaurants in Australia and China due to pandemic-related curbs ate into gains.

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Textron reports fall in quarterly profit

(Reuters) – Business jet maker Textron Inc (NYSE:TXT) reported a 14% fall in quarterly profit as labor shortages and lingering supply chain issues restricted the company’s deliveries in the quarter. Net income.

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Mastercard brushes off Omicron threat after profit beat

(Reuters) -Mastercard Inc beat quarterly profit estimates on Thursday as an uptick in international travel powered card spending and said a recent drag on cross-border travel from the Omicron variant.

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Nasdaq futures jump 2% after Microsoft’s strong forecast; Fed decision looms

By Susan Mathew and Devik Jain (Reuters) -U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to.

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Kimberly-Clark Earnings, Revenue Beat in Q4

Investing.com – Kimberly-Clark (NYSE:KMB) reported on Wednesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations. Kimberly-Clark announced earnings per share of $1.3 on revenue of $4.97B. Analysts polled.

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Boeing sinks to loss on $4.5 billion charges related to 787 delays

By Uday Sampath Kumar and Eric M. Johnson (Reuters) -Boeing Co said on Wednesday it incurred $4.5 billion charges in the fourth quarter on its sidelined 787 program, obscuring the.

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