Samsung’s second quarter earnings showed the slowest quarterly profit growth in more than a year, partly because of sluggish smartphone sales. Revenue from the mobile division was down 22 percent year-on-year in the three months […]
Morgan Stanley is telling its clients Elon Musk’s stake in SpaceX may be leveraged as a source of funding for his plan to take Tesla private. Musk is founder and CEO of SpaceX and Tesla. […]
Turkey’s central bank needs to raise interest rates to contain the country’s financial crisis, veteran economist Stephen Roach told CNBC on Monday. Earlier in the day, Turkish lira dropped to a new all-time low of […]
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