FILE PHOTO: IATA logo is seen at the International Tourism

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FILE PHOTO: The International Air Transport Association (IATA) logo is seen at the International Tourism Trade Fair ITB in Berlin, Germany, March 7, 2018. REUTERS/Fabrizio Bensch/File Photo

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By Hyunjoo Jin SEOUL (Reuters) – Samsung Electronics stands to be a major beneficiary of the China production problems announced by rival Apple Inc on Monday, reaping the rewards of a decade-long bet on low-cost smartphone manufacturing in Vietnam. Half of Samsung’s smartphones are now made in Vietnam, where the coronavirus that has crippled the […]
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U.S. banks to defend dividend payments in stress tests: FT

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NEW YORK (Reuters) – U.S. banks are expected to defend their dividend payments when they submit their annual capital plans to the Federal Reserve on Monday for the upcoming stress tests, the Financial Times reported on Sunday, citing people familiar with the situation. U.S. lenders face growing pressure to follow their European counterparts and non-financial […]