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

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.

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