LG Post Record Q1 Margins, TV Slumps
LG Electronics has announced its highest first-quarter operating income margin in company history, despite a modest decline in revenue versus last year.... Read More
Shopping Centre Landlords Brace For More Pain
Credit rating agency S&P warns the listed property sector could feel the pain of COVID19 for a few years, as shopping centre... Read More
Big W Profit Still On The Cards Despite COVID19
Embattled discount department store, Big W, has continued to progress its turnaround strategy, with parent company Woolworths still expecting the retailer to... Read More
AMD Sales Up 40%, Outlook Hits Shares
Component manufacturer, AMD, has reported a 40% YoY increase in sales for the March quarter, with a weaker outlook sending shares down... Read More
Investors Bet Big On Tech Giants’ Pandemic Power
Investors appear to betting on big-tech stocks during the coronavirus pandemic, with Microsoft, Apple, Amazon, Facebook and Google-parent Alphabet now comprising more... Read More
Samsung Warns Q2 TV & Phone ‘Significant Decline’
Samsung has warned its core TV and smartphone business could notably decline in Q2, as demand for the new Galaxy S20 and... Read More
Kaufland Nails Coffin With MD Resignation
Discount German big-box retailer, Kaufland – which was tipped to follow the steps of ALDI in Australia – has officially seen the... Read More
US Intel Report Casts Doubt On Zoom Safety
The American Department of Homeland Security is reportedly concerned that popular videoconferencing platform, Zoom, is vulnerable to overseas spy agencies. Obtained by... Read More
Amazon Under Fire For Shady Marketplace Practices
E-commerce giant, Amazon, is reportedly facing heavy scrutiny from US politicians following allegations of ‘predatory data practices’ on its Marketplace platform, which... Read More
Kogan Flaunt “Quick Smart” Delivery In First TV Campaign
Australian e-commerce behemoth, Kogan.com, has flaunt shipping capabilities within its first TV campaign, as retailers like Kmart apologise for delivery delays due... Read More