Samsung Profit Gets Lift From Pandemic

The South Korean tech giant is contending with its de facto leader Lee Jae-yong being back behind bars. And its rivals, for handsets and semiconductors, are consolidating and getting larger.

 
Pfizer Vaccine Works Against Mutations Found in U.K, South Africa Strains, Study Finds

The findings, while preliminary and not peer reviewed, are the latest to suggest that Covid-19 vaccines can protect against the variants.

 
EU Clashes With AstraZeneca Over Covid-19 Vaccine Shortfall

The European Union demanded that AstraZeneca stick to a previously agreed schedule for delivering doses of its Covid-19 vaccine to the 27-nation bloc and, if necessary, supply the vaccine from factories in the U.K.

 
European Regulator OK's 737 Max Return

Boeing Co. and some of its airline customers got an immediate boost from Wednesday's ungrounding of 737 MAX jets across Europe, but the move also portends more-stringent safety reviews of future U.S. aircraft by the region's aviation regulator.

 
Rio Tinto Names Simon Trott as Iron Ore Chief Executive

Rio Tinto elevated an executive experienced in negotiating with Chinese buyers to run its iron-ore business at a time of heightened tensions between Canberra and Beijing.

 
American Financial to Sell Annuity Business to MassMutual for $3.5 Billion

American Financial said the transaction will mark its exit from the fixed and indexed annuity market.

 
Microsoft's Security Business Swells to $10 Billion

Microsoft's security business surged to $10 billion in revenue over the past 12 months, reflecting an uptick in cyber threats during the coronavirus pandemic.

 
SAP CEO Shares New Plans to Boost Cloud Adoption

SAP Chief Executive Christian Klein says the enterprise-software giant is redoubling its efforts to move customers to the cloud, offering a new subscription service aimed at helping companies get more value out of making the switch.

 
Las Vegas Sands Will Abide by Founder Sheldon Adelson's Vision

The global casino operator's new chief executive, Rob Goldstein, says investments in Asia and expansion in the U.S. are next.

 
Stock-Market Frenzy Offers Some CFOs a Chance to Cash In

Some finance chiefs may hold off, as it takes time to prepare an equity sale, and businesses risk raising the ire of regulators if the share price crashes after a fundraising round.

(END) Dow Jones Newswires

January 27, 2021 23:15 ET (04:15 GMT)

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