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Samsung sees record third quarter profit on chip demand

Samsung Electronics expects to post record operating profit in the third quarter, helped by strong demand for its memory chips. The South Korean electronics giant is forecasting operating profits of around 17.5 trillion won ($15.5bn; £11.9 bn), up 20.4% from a year ago.   The guidance is above analyst estimates for the period, boosted by its thriving chip business.   ...

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China’s Tencent Music applies to list in the US

China’s Tencent Music has filed a much-anticipated request to list its shares in the US, in what could be one of the biggest US initial public offerings by a Chinese company. Tencent Music’s parent firm is China’s tech giant Tencent Holdings. Other shareholders include Spotify.   It includes digital streaming apps QQ Music, Kugou and karaoke app WeSing.   The ...

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Inaugural Asian Restaurant & Takeaway Awards (ARTA) honours UK’s finest Curry Houses

The inaugural Asian Restaurant and Takeaway Awards (ARTA), the most  prestigious celebration of South Asian cuisine in the UK, paid homage to the UK’s  finest curry houses at the InterCont inental London – The O2 on the evening of 30th September 2018. ARTA 2018 welcomed a guest list of the nation’s most respected curry  restaurateurs alongside MPs, dignitaries and celebrities ...

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BJMC, UK company sign MoU on ‘Sonali Bag’ production

Dhaka, Oct 2 : A Memorandum of Understanding (MoU) was signed on Tuesday between Bangladesh Jute Mills Corporation (BJMC) and Futamura Chemical Ltd., a United Kingdom-based company, for producing ‘Sonali Bag’ commercially. Sonali Bag is a biodegradable and environment-friendly jute-made ploy bag. BJMC Secretary AKM Tareq (Deputy Secretary) and Graeme Coulthard, general manager of Futamura Chemical Ltd., signed the MoU ...

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Trump, Saudi king discuss oil prices in telephone call

President Donald Trump has discussed global crude oil prices with Saudi King Salman in a telephone call amid the American leader’s call for OPEC to bring down energy prices. The state-run Saudi Press Agency reported the call late Saturday night, saying “the efforts to maintain supplies to ensure the stability of the oil market and ensure the growth of the ...

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North Korea learns to embrace its inner consumer

In an instructional television program about table tennis on the state-run sports channel, every ball, paddle and shirt bear the logo of “Naegohyang,” one of North Korea’s most recognizable brands. A documentary about the Pyongyang Maternity Hospital ends with new mothers being handed smartly packaged disposable diapers — with the local brand featured prominently. Has North Korea discovered the art ...

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Sued by Starbucks, Indian coffee chain changes name

An Indian coffee shop chain rhyming with Starbucks and with a similar logo has agreed to change its name after being sued by the US giant, the Indian firm said Friday.   Starbucks, which entered the vast Indian market in 2012 and now has 125 outlets, began legal proceedings against “SardarBuksh”, which has 25 shops in New Delhi, in July.  ...

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Ryanair cancels 150 flights on Friday due to strike across Europe

Ryanair will cut 150 flights because of strike action across Europe on Friday, as Brussels urged it to respect workers’ rights enshrined in EU law. The Dublin-based carrier said that it would cancel six percent of flights amid the walk-outs in Belgium, Italy, the Netherlands, Portugal and Spain. It had previously estimated 190 would be affected.   Germany’s pilots’ union ...

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Original working Apple-I computer fetches $375,000 at auction

An Apple-I computer, the first product made by the computing giant, has sold at auction for $375,000 (£230,000). The machine was designed by Steve Wozniak, known as Woz, the co-founder of Apple.   His business partner, Steve Jobs, convinced him to package and sell the machine – it went on sale in 1976 for $666.66.   It is one of ...

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Inaugural Asian Restaurant & Takeaway Awards (ARTA) To pay homage to the UK’s finest Curry Houses

The inaugural Asian Restaurant and Takeaway Awards (ARTA), the most prestigious celebration of South Asian cuisine in the UK, will be taking place on 30th September 2018 at InterContinental London – The O2. ARTA 2018 will welcome a guest list of the nation’s most respected curry restaurateurs alongside MP’s, dignitaries and celebrities as they collectively honour the achievements of the industry. The ceremony will behosted by television ...

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