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Juventus' Portuguese forward Cristiano Ronaldo (C) celebrates with Juventus' Swedish forward Dejan Kulusevski (L) and Juventus' Turkish defender Merih Demiral after scoring his second goal during the Italian Serie A football match Juventus vs Crotone on February 22, 2021 at the Juventus stadium in Turin.(Marco BERTORELLO / AFP) The latest figures compare to losses of 50.3 million euros in the first half of the club's 2019/20 financial year, which runs from July 1 to June 30. "The first half of the 2020/2021 financial year was heavily penalised by the spread of the Covid-19 pandemic and the consequent restrictive measures imposed by the authorities," Juventus said of a season played with matches behind closed doors. "The pandemic directly and significantly affected, above all, ticket sales and sales of products and licenses, with a consequent negative impact on operating income, net income and financial debt." The club had reported losses of 89.7 million euros for the year … [Read more...] about Juventus financial losses grow amid coronavirus pandemic

Korean news agency Yonhap quoted industry sources as saying Lee will depart for Hanoi on October 20 and probably meet Vietnamese Prime Minister Nguyen Xuan Phuc to discuss investment plans. He is expected to inspect Samsung’s research and development center under construction in Hanoi, as well as the company's plants there, according to Yonhap. Lee, the de facto leader of Samsung, visited Vietnam in 2018 to inspect the company’s key smart phone production lines. He met with Vietnamese government and industry officials during the visit. Samsung runs its largest offshore smartphone production facilities in Vietnam. In September 2020 Samsung announced it will shift its sole TV production factory from China’s Tianjin city to Vietnam, Mexico, Hungary, Egypt, and several other potential venues in an effort to make its global production more efficient. … [Read more...] about Samsung executive to visit Vietnam for investment expansion plans