Virgin Australia's first profit in a decade | Samsung's got too many chips | Fortescue's 25-year deal episode artwork

EPISODE · Oct 10, 2023 · 6 MIN

Virgin Australia's first profit in a decade | Samsung's got too many chips | Fortescue's 25-year deal

from What the Flux · host Flux

Virgin Australia has recorded its first annual profit in more than 10 years after its revenue more than doubled in the last 12 months. Samsung's third-quarter profit is expected to plummet by almost 80% because of a global chip glut. Fortescue Metals has signed a new 25 year deal to expand into new renewable energy projects. — Build the financial wellbeing of your team with Flux at Work: https://bit.ly/fluxatwork Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

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Virgin Australia's first profit in a decade | Samsung's got too many chips | Fortescue's 25-year deal

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Virgin Australia has recorded its first annual profit in more than 10 years after its revenue more than doubled in the last 12 months. Samsung's third-quarter profit is expected to plummet by almost 80% because of a global chip glut. Fortescue...

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