The company said Tuesday that Kim Kinam will lead Samsung's semiconductor and display businesses while Kim Hyunsuk will be the head of its consumer
electronics division and Koh
Dongjin Adidas
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They replace three outgoing chief executives at Samsung to oversee operations of its enormous businesses in the absence of the founding family members. Lee
Jae-yong, vice chairman and Samsung founder's grandson is fighting conviction at
an appeals court.
While Samsung said new leadership was announced for the next phase of growth, they are well-known in the industry. They have been leading Samsung's key teams
for the past few years.
TOKYO, Jan. 23 (Xinhua) -- Supermarket sales in Japan marked a decline in December as year-end buying, usually a boon for retailers, slumped in the
reporting period, details from the Japan Chain Stores Association showed Monday.
According to the association's figures, nationwide supermarket sales here slumped 2 percent in December from a year earlier, on a same-store basis.
The association said that significant drops were noticed in purchases of big ticket items like electrical appliances, but also on clothes and furniture.
According to the figures for December, sales of furniture dropped 4.2 percent and those of home appliances tumbled 10.0 percent.
Supermarkets, however, most notably, sold 10.4 percent less clothes than a year earlier, the association also said.
The industry bodies' figures are based on the combined sales at 57 supermarket chains nationwide, which together operate more than 9,489 outlets,
and totaled sales of 1.27 trillion yen (11.1 billion U.S. dollars), in the
reporting month, the association said in its latest report.
The numbers have been adjusted to facilitate comparisons on a same-store basis.
TEHRAN, June 21 (Xinhua) -- Iran's Petroleum Minister Bijan Namdar Zanganeh on Wednesday blamed the United States for the recent plunge in global crude
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The United States has increased its oil production by 900,000 barrels per day, Zanganeh said, adding that this is beyond what the Organization of the
Petroleum Exporting Countries (OPEC) had estimated.
He was discussing the role of the United States in the decline of prices with the OPEC member
states Adidas
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the member states to take collective action on such issues, Zanganeh said.
The Iranian minister spoke highly of OPEC's performance in arriving at a consensus to cut output and help prop up prices.
In their meeting last November, OPEC members unanimously agreed on the oil price of 60 U.S. dollars per
barrel Shop
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1.2 million bpd down to 32.5 million bpd for the first six months of 2017.
Non-OPEC members including Russia, Oman and Mexico also agreed to cut 558,000 bpd off their production.
According to Finacial Tribune, oil prices fell to seven-month lows on Tuesday after news of increases in supply.
Benchmark Brent dropped 1.06 U.S. dollars to a low of 45.85 dollars a barrel Adidas
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before OPEC and other producers agreed to cut output.
Brent was traded around 46.11 dollars per barrel, down 80 cents. U.S. West Texas Intermediate crude fell 98 cents to a low of 43.22 dollar a barrel, its
lowest since Nov. 14.
Zanganeh has expressed the hope that OPEC would agree on extending earlier output cut in the upcoming meeting.
Xi says BRICS cooperation will usher in new "golden decade"
Highway bridge connecting China and Russia under construction
Brussels central station evacuated after small explosion
In pics: animals at Everland resort amid summer heat
Weekly choices of Xinhua photos
In pics: terrace fields in northwest China's Ningxia
In pics: Mount Jiuhua Buddha College in E China
Students graduate from Civil Aviation University of China
Chelsea's Italian head coach Antonio Conte applauds the fans following the English Premier League football match between Crystal Palace and Chelsea at
Selhurst Park in south London on December
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CHELSEA’S Antonio Conte and his Manchester City counterpart Pep Guardiola are among the Premier League managers who will sample England’s Boxing Day football
extravaganza for the first time today.
While the rest of the population enjoys the Christmas festivities, 16 teams will be gearing up for matches as part of a custom that stretches back over 150
years.
With Chelsea six points clear at the top and chasing a 12th straight win, which would set a new club record, Conte is approaching the visit of Bournemouth
with a spring in his step. “This is the first experience for me and my
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of year),” said the Italian.
“It can be, and I hope it will be Clearance
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we find in this period is very difficult to find in another period. It’s
fantastic.”
Chelsea has registered 11 consecutive wins within the same season for the first time after winning 1-0 at Crystal Palace last weekend.
Another victory will leave it one win from equalling Arsenal’s 2002 record for successive wins in the same campaign, which it extended to 14 the following
season. But Conte will be without both top scorer Diego Costa and midfield
lynchpin N’Golo Kante after they picked up suspension-incurring bookings at
Palace.
Guardiola, too, is full of festive cheer following his side’s 2-1 comeback win over Arsenal last
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points below Chelsea in third place.
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