SEOUL (Reuters) -Samsung Electronics ( SSNLF ) said on Friday it had named Park Hark-kyu as the new head of its business support office, a key decision-making body of the technology giant that serves chairman Jay Y. Lee. The South Korean company said in a statement the office had been upgraded from a task force. Park's predecessor, Chung Hyun-ho, will...

(Reuters) -Daimler Truck reported a bigger-than-expected 40% drop in third-quarter operating profit on Friday, but stuck to its annual forecasts on the back of a positive momentum in Europe and a recovery in North America. Adjusted earnings before interest and taxes (EBIT) came in at 716 million euros ($835.00 million) for the quarter, missing the 729 million euros expected in...

Nov 7 (Reuters) - The European Commission is proposing to pause parts of its landmark artificial intelligence (AI) legislation amid intense pressure from big tech companies and the U.S. government, the Financial Times reported on Friday. The move follows months of urging by tech giants like Meta and Alphabet, and pressure from the Trump administration, which has warned against measures...

Nov 7 (Reuters) - Daimler Truck reported a bigger-than-expected 40% drop in third-quarter operating profit on Friday, but stuck to its annual forecasts on the back of a positive momentum in Europe and a recovery in North America. Adjusted earnings before interest and taxes (EBIT) came in at 716 million euros ($835.00 million) for the quarter, missing the 729 million...