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Propel Finance surpasses £500 million lending milestone

Propel Finance surpasses £500 million lending milestone
londonlovesbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from londonlovesbusiness.com Daily Mail and Mail on Sunday newspapers.

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Samsung Q1 profit likely surged 45% on bumper smartphone, appliance sales

By Joyce Lee
SEOUL (Reuters) - Samsung Electronics Co Ltd likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its U.S. plant.
Spending more time at home due to the coronavirus pandemic, consumers have splashed out on an array of high-margin consumer electronics which in turn has helped cause a global shortage of semiconductors.
Operating profit for the South Korean tech giant in the quarter is expected to have climbed to 9.3 trillion won ($8.2 billion), according to a Refinitiv SmartEstimate drawn from 16 analysts. SmartEstimates assign more weight to forecasts from consistently accurate analysts. ....

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Samsung considering four sites in US for $17 bn chip plant, documents show

Read more about Samsung considering four sites in US for $17 bn chip plant, documents show on Business Standard. The tech giant also said in the documents dated Feb. 26 that it is seeking combined tax abatements of $1.48 billion over 20 years from Travis County and the city of Austin ....

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