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Samsung Electronics estimates first-quarter profit jumped 50% on solid chip demand By Reuters

© Reuters. FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS / K ....

Soult Ukpyolsi , South Korea , Heekyong Yang , Refinitiv Smartestimate , Joyce Lee , Co Ltd On , Samsung Electronics ,

BP signs long-term deal with Shenzhen Gas

BP signed a gas sales and purchase agreement with Shenzhen Sino-Benny LPG Co Ltd on Wednesday, the first long-term deal with price indexed to international LNG in China's domestic gas market, to support China's growing energy needs. ....

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Australia's Zip reports record Q3 revenue growth, eyes expansion in Canada and Asia


Picked up stake in Philippine BNPL in third quarter
Made soft launch in Canada in third quarter
April 13 (Reuters) - Australian buy-now-pay-later (BNPL) firm Zip Co Ltd on Tuesday posted record revenue, transaction volumes and customer growth in the third quarter and unveiled plans to expand into Canada and Southeast Asia, sending its shares soaring over 11%.
The strong performance was driven by growth at Quadpay, its U.S. unit, where customers, volumes and revenue grew in triple digits as competition with larger rivals Afterpay, Klarna and Affirm in the world’s top economy heats up.
Zip, which has been beefing up its international presence to better compete, picked up a strategic stake in Philippine firm TendoPay and made a soft launch in Canada during the quarter. ....

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