by Hwang Sung-Hee SEOUL, South Korea (AFP) — Samsung on Friday said the crisis over its exploding Note 7 smartphones would cost another $3 billion-plus in lost profit over the next two quarters, but hoped expanded sales of its other flagship handset would help cushion the impact. The profit warning came two days after the South Korean electronics giant slashed its operating profit for the third quarter by $2.3 billion. After a recall problem with […]
Tag: crisis
Germany says ‘won’t let anyone take Europe from us’
BERLIN, Germany (AFP) — German Foreign Minister Frank-Walter Steinmeier said Saturday that the EU would weather the shock of the British vote to leave the union as he convened crisis talks. “I am confident that these countries can also send a message that we won’t let anyone take Europe from us,” he said heading into a meeting in Berlin of his counterparts from the EU’s six founding members. © 1994-2016 Agence France-Presse
Lebanon resumes garbage disposal but expert urges long-term solution
BEIRUT, Lebanon (Reuters) – Lorries began clearing the rubbish that had piled up in Beirut’s streets, under a plan approved last month to solve the seven-month garbage crisis in Lebanon. And though residents are relieved to be able to enjoy clean streets in the capital again, environmentalists warn against what they say is only a temporary solution. The garbage crisis, which began last July when the Naameh landfill site south of Beirut was closed with […]
West Africa presidents to travel to Burkina to mediate in crisis
West African heads of state are set to travel to Ouagadougou to reinstall the country’s deposed interim leader in a bid to find a peaceful end to the political crisis in Burkina Faso. The presidents of several African nations were due to travel to Burkina Faso’s capital on a mission to negotiate the peaceful roll-back of a coup by presidential guard soldiers last week, it was announced on Tuesday (September 22). After extensive meetings in […]





