Loading...
You are here:  Home  >  Business  >  Current News

Samsung Electronics CEO Kwon announces shock resignation as profits surge



SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay Y. Lee was jailed for bribery.


Other News

Amgen first-quarter profit exceeds Street estimates on lower costs (Reuters) - Amgen Inc on Wednesday reported higher-than-expected first-quarter profit as cost controls helped offset a sharp drop in sales of Enbre...
Swiss shut down ‘fake’ E-Coin in latest cryptocurrency crackdown ZURICH (Reuters) - Switzerland's financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating arou...
Canada union, GM spar as automaker cuts U.S. plant output TORONTO (Reuters) - The union leading a month-long strike at a General Motors Co auto plant in Ontario is refusing to make concessions after GM thr...

Found news:

Loading...

You might also like...

Australia’s Crown hit by accusations of poker machine-fixing, shares tumble

Read More →