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Samsung Electronics reports 3% drop in Q1 net profit

The world's biggest smartphone maker, Samsung Electronics, reported a three-percent drop in first-quarter net profits on Wednesday, as the coronavirus pandemic dampened consumer demand. Net profits in the January-to-March period were 4.88 trillion won ($4 billion), down 3.1 percent from a...

US virus cases hit a million as Germans wear masks in shops

The United States reported its millionth coronavirus case as hard-hit European countries took tentative steps towards lifting lockdowns, with masks mandatory in all German shops from Wednesday. Excitement over a move towards normality in many places was tempered by fear of new outbreaks and...

French football, rugby seasons off until September: PM

Professional football, rugby and other sports in France cannot resume until the end of the summer because of coronavirus restrictions, Prime Minister Edouard Philippe said on Tuesday. The announcement was made as the government unveiled its plans to gradually end the lockdown in France from...