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we begin today with samsung electronics. it s forecasting a likely 96% plunge in first quarter operating profits. in a preliminary earnings report, the world s largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is going to release its full earnings later this month. katie silver sent this report from the bbc s asia business hub in singapore. in its preliminary estimates, samsung says its operating profits fell by about $450 million in the january march period this year, when compared to the same time the previous year. now demand for memory chips ramped up during covid lockdowns as consumers bought new electronics to use at home think new phones, computers, those expensive smart washing machines all of those use a lot of chips. but with fears of an economic recession looming, consumers are buying fewer tech devices, reducing demand for chips and, as a result, the com ....
kevin mccarthy in california. and an early morning statement the spokesperson for the chinese ministry accused washington of colluding with taiwan especially over the issue of arms sales. earlier mr mccarthy said they must strengthen economic cooperation with the island that china has claimed as its own. claimed as its own. whether it s out deep claimed as its own. whether it s out deep commercial - claimed as its own. whether. it s out deep commercial ties, strong people to people relationships or shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr mccarthy is the most senior us figure to meet with a taiwanese leader on american soil since 1979, taiwanese leader on american soilsince 1979, despite taiwanese leader on american soil since 1979, despite the rhetoric, though, taiwanese firms do big business with both china and the united states in fact china is taiwan s largest trading partner. earlieri spoke wit ....
in california, in an early morning statement, the ea rly morning statement, the spokesperson early morning statement, the spokesperson for the chinese ministry accused washington of colluding with taiwan, especially over the issue of arms sales, earlier mr mccarthy said washington must strengthen in economic cooperation with the island that china has claimed as its own. whether it is our deep claimed as its own. whether it is our deep commercial- claimed as its own. whether it is our deep commercial ties, l is our deep commercial ties, strong people to people relationships, our shared values, our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr to expand through dialogue and exchanae. ~ a ., , , exchange. mr mccarthy is the most senior exchange. mr mccarthy is the most senior us exchange. mr mccarthy is the most senior us figure - exchange. mr mccarthy is the most senior us figure to - exchange. mr mccarthy is the | most s ....
the former us president donald trump after he pleaded not guilty to sa criminal charges and a new york court. mr trump is accused of falsifying records and paying hush money to hide damaging information during the 2016 election. lots more of course on the bbc website is always and continued coverage right here on bbc news but away from that story and what could be one of the us largest product liability settlements. johnson &johnson has proposed paying almost $9 billion to settle lawsuits alleging the company s talcum powder is because cancer. the new move seeks to resolve all current and future claims. samaria hussein has more. johnson &johnson has been dogged for years by claims that it talcum powder causes cancer. in 2021 it in newjersey brought by 22 women who blame the company s product for their ovarian cancer and that same year it set aside another $2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands ....
kevin mccarthy. a sports person for the chinese foreign ministry accused washington of colluding with taiwan especially over the heat sue of arms sales. mr mccarthy said us must strengthen economic situations with the island. whether it s our deep commercial ties, strong people to people relationships and shared values. our cooperation with the people of taiwan continue to expand through dialogue and exchange. mr mccarthy is the most senior us figurative meet with the time leader on us soil since 1979. despite the rhetoric, taiwanese plans to do big business with china and the united states. china and the united states. china is taiwan s largest trading partner. ispoke earlier and got an explosion about the complicated ties between the two.- between the two. china is usually important - between the two. china is usually important for - between the two. china is usually important for all l usually important for all engine economies including taiwan. what puts taiwan is i ....