Samsung reports sharp fall in profit on Galaxy Note 7 recall
SEOUL, South Korea (AP) ? Samsung Electronics reported a sharp fall in its quarterly earnings Thursday as the unprecedented recall and discontinuation of the Galaxy Note 7 smartphones wiped out its mobile profit.
Canadians not travelling as time running out EU trade deal
BRUSSELS (AP) ? A Canadian delegation would not be heading off to Europe late Wednesday to sign a landmark free trade deal with the European Union after Belgium failed to make decisive headway to lift a crucial veto of one of its regions.
Philippine leader affirms US alliance but wants troops out
TOKYO (AP) ? The leaders of Japan and the Philippines agreed to cooperate in promoting regional peace and stability and acknowledged the importance of their alliances with the U.S., after the tough-talking Rodrigo Duterte said he wants his country to be free of visiting American troops possibly within two years.
Riders break windows to escape after train's motor overheatsBOSTON (AP) ? A Boston commuter train's motor has overheated, causing the train to fill with smoke and panicked passengers to break windows to escape.
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Venezuela protests against Maduro escalate, dozens injured
By Andrew Cawthorne and Anggy Polanco CARACAS/SAN CRISTOBAL, Venezuela (Reuters) - Venezuela's increasingly militant opposition stepped up its push to oust leftist leader Nicolas Maduro on Wednesday with protests that drew hundreds of thousands but also saw unrest leading to dozens of injuries and arrests. The government blamed opposition activists clashing with security forces on a highway out of Caracas. The local police force of Miranda, whose governor is opposition leader Henrique Capriles, confirmed the death but did not link it to protesters.
Asia shares slip after Apple results hit Wall Street, dollar off highs
TOKYO (Reuters) - Asian shares edged down on Thursday after disappointing earnings from technology giant Apple dragged on Wall Street, while the dollar remained shy of this week's nearly nine-month highs. Besides Apple , results and forecasts from some other major U.S. companies also weighed on U.S. markets overnight. The S&P 500 and the Nasdaq Composite both skidded, though a standout performance by Boeing lifted the Dow Jones industrial average . MSCI's broadest index of Asia-Pacific shares outside Japan as well as Tokyo's Nikkei stock index were both down 0.2 percent in early trading. ...
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Samsung posts 30 percent profit plunge on Note 7 crisis
Samsung Electronics on Thursday reported an expected 30 percent profit plunge on the back of a highly damaging recall crisis that hammered the reputation of the world's largest smartphone maker. Samsung said its operating profit for the July-September period stood at 5.2 trillion won ($4.6 billion), compared with 7.3 trillion won a year ago. The profit slump was in line with a revised earning estimate issued by Samsung two weeks earlier after it killed off its flagship Galaxy Note 7 smartphone due to devices overheating and bursting into flames.