Dialog Semiconductor Expects Higher Than Anticipated Profitability In Q2

Dialog Semiconductor Plc (DLGNF.PK,DLGS) reported that its preliminary IFRS second quarter revenue rose 16 percent to $296 million and its operating profit increased 31% to $26 million. On underlying basis, operating profit increased 33% to $42 million. The company said it expects higher than anticipated profitability in the second quarter of 2018. The company expects operating profit of $26 million […]

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Record wool prices deliver Australia’s golden fleece

SYDNEY (Reuters) – Australian sheep farmers are confident restricted supply will underpin high wool prices for years to come as the fiber continued its stellar run in the last sales before winter recess. “It’s wonderful times,” said Robert McBride, a wool grower from New South Wales whose family company, AJ & PA McBride, is one of the largest wool producers […]

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China TechFaith Subsidiary To Sell Charm Faith Limited

China TechFaith Wireless Communication Technology Limited (CNTF) announced that Techfaith Wireless, a subsidiary of the company, has entered into a share purchase agreement with an unrelated third party, pursuant to which TechFaith Wireless will sell its 100% ownership in Charm Faith Limited, a wholly-owned subsidiary of TechFaith Wireless, for a total consideration of RMB 710 million. TechFaith expects to use […]

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Saudi Arabia to power up South Africa's energy sector with multi-billion dollar investment

Saudi Arabia is to invest $10 billion in South Africa. The funds will be concentrated on reviving South Africa’s ailing energy sector. South Africa President Cyril Ramaphosa is on a mission to raise $100 billion in foreign direct investment as he attempts to revive the national economy after years of corruption and ahead of an election next year. Saudi Arabia […]

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Italy says France, Malta agreed to host some rescued migrants

MILAN (Reuters) – France and Malta have agreed to host 50 people each, responding to a request for help sent by Italy after it took part in the rescue of 450 migrants from an overcrowded ship in the Mediterranean, Italian Prime Minister Giuseppe Conte said. FILE PHOTO: Italian Prime Minister Giuseppe Conte holds a news conference after participating in the […]

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Trump’s dream to meet the queen makes this trip a victory, former White House aide says 

Trump and first lady Melania will meet Queen Elizabeth II for tea on Friday afternoon at Windsor Castle. Earlier this year, Trump said in an interview that his late mother loved the queen and the U.K. There might be a lot of controversy surrounding Donald Trump’s visit to the U.K., but one way or another the U.S. president will leave […]

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Thousands of protesters march against Trump in London

Protests have kicked off for the second day of President Donald Trump’s U.K. visit as tens of thousands of demonstrators assemble in central London and cities around the country. Security around London during Trump’s visit has amounted to a massive bill for the U.K. taxpayer, estimated at more than £12 million ($15.8 million). The gatherings, which organizers say should number […]

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In ETFs, the bigger the stock, the more money goes into it and that could be costing regular investors

A new study finds that many indexes that use a equal-weighting methodology have outperformed the S&P 500 over the years. A strategy using equal weighting as opposed to market cap weighting has returned a 2-percent premium over the S&P 500 over several decades, adds Chris Brightman, chief investment officer at Research Affiliates. Over the last ten years, an ETF that […]

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Twitter suspends two accounts linked to 12 Russians indicted by…

WASHINGTON (Reuters) – Social networking site Twitter Inc. on Saturday suspended two accounts linked to 12 Russian spies indicted by Special Counsel Robert Mueller for interfering in the 2016 U.S. presidential election. A copy of the grand jury indictment against 12 Russian intelligence officers is seen after being filed in U.S. District Court by prosecutors working as part of special […]

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