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Arm profits growing as its focus shifts

©Bloomberg Arm Holdings has shrugged off the worries looming over the semiconductor industry with the chip designer posted a strong rise in both profits and sales. The company reported a 31 per cent increase in annual pre-tax profits to £414.8m with sales up 15 per cent at $1.5bn. More On this topic IN Technology Some […]

South Korea to Close Joint Industrial Park, Kaesong, Over Rocket Launch

Photo A South Korean soldier on the road leading to the Kaesong industrial complex, jointly operated by the two Koreas. Credit Jung Yeon-Je/Agence France-Presse — Getty Images SEOUL, South Korea — South Korea said Wednesday that it would shut down an industrial complex that it runs jointly with North Korea, its strongest retaliation yet for […]

Australia moves closer to medicinal marijuana allowances

Australian lawmakers committed on Wednesday to legalize the growing of marijuana for medical use within a part of the world renowned for zero-tolerance and harsh penalties for illegal drugs. The government introduced a bill to Parliament that would amend the Narcotics Drugs Act 1967 and create a licensing scheme for growing medicinal cannabis. Marijuana is […]

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