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Samsung Elec Q2 profit down 4 pct, hurt by supply shortage for key phone

SEOUL, July 30 - Samsung Electronics Co Ltd said on Thursday its April-June operating profit fell 4 percent from a year earlier, in line with its earnings guidance, hurt by a supply shortage for one of its main smartphone models.

1:04am BST

Naver Q1 operating profit falls 12 pct y/y, misses forecast

SEOUL, July 30 - South Korea's top web search operator Naver Corp said on Thursday its second-quarter profit fell 11.6 percent from a year earlier, missing expectations.

12:18am BST

UPDATE 3-Facebook profit falls 9 pct as costs soar

July 29 - Facebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth.

12:04am BST

UPDATE 1-Leidos team wins $4.34 bln contract for U.S. military health records

WASHINGTON, July 29 - The U.S. Defense Department on Wednesday awarded a team led by Leidos Holdings Inc a contract valued at up to $4.34 billion to build a new electronic health record system for 9.6 million current and retired military service members.

29 Jul 2015

Tourism boom drives Japan to convert offices into hotels

TOKYO, July 30 - Record tourists to Japan are stretching the ability of hotels to accommodate them in a sector constrained by high costs, forcing developers to think out of the box for means to quickly increase lodging options without breaking the bank.

29 Jul 2015
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