British energy giant BP on Tuesday said annual net profit slid to $4.0 billion last year, hit by weaker oil prices. The figure was down sharply compared with profit after tax of $9.38 billion in 2018, the company said in a statement.

Photo: German Chancellor Angela Merkel, center, speaks alongside Peter Altmaier, Federal Minister of Economics and Energy, left, and Julia Klöckner, Federal Minister of Food and Agriculture, at the beginning of a meeting of the Federal Government with representatives of the food industry in Berlin, Germany, Monday, Feb.3, 2020. German Chancellor Angela Merkel met food industry representatives on Monday to address ...

Two decommissioned satellites sped past each other Wednesday after experts had warned they may collide at a combined speed of 33,000 miles (53,000 kilometers) an hour, sending thousands of pieces of debris hurtling through space. The satellites — a pioneering international space telescope and an experimental US craft traveling in opposing orbits — “crossed paths without incident,” a spokesman for ...

Singapore Airlines (SIA) has started its service of Airbus A350-900 medium-haul aircraft for the first time in the country. SIA made its inaugural flight from Dhaka to Singapore on Saturday. The boarding announcement was made by George Robertson, General Manager Bangladesh of Singapore Airlines for the inaugural flight of the A350-900. Featuring new regional Business Class and Economy Class cabin ...

Facebook had a strong fourth quarter, making more money on advertising and adding more users despite challenges around regulation, privacy and efforts to fight election interference. Its profit and revenue both handily surpassed Wall Street’s expectations. The company also said it settled a lawsuit filed in 2015 over its facial recognition practices and will pay $550 million as a result. ...

A currency trader adjusts his mask at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea Shares advanced in most Asian markets on Wednesday after a rebound on Wall Street that reversed most losses from a sell-off the day before. Hong Kong’s Hang Seng dropped 2.4%, to 27,289.55 after reopening from Lunar New Year ...

China plans to launch more space science satellites in the coming three to four years, according to the Chinese Academy of Sciences (CAS). The satellites will be used to detect electromagnetic signals associated with gravitational waves, solar eruption activities, astronomy and the interaction between solar wind and the Earth’s magnetosphere. Four new missions include the Gravitational Wave Electromagnetic Counterpart All-sky ...

Boeing has successfully completed the first test flight of the world’s largest twin-engined jet, the 777X. It comes as the firm attempts to boost its image after its 737 Max plane was grounded last year following two fatal crashes that killed 346 people. The flight took off near Seattle and lasted four hours. Two attempts were called off this week ...

Bangladesh will see more investment from neighbouring country in the future as it has been containing a very favourable environment for Indian investors, said Dinesh Kumar Khara, Managing Director of State Bank of India. Mentioning that Indian investment in Bangladesh is going well, India’s banking boss came up with this hope in a trade meeting held between India Bangladesh Chamber ...

Photo: In this July 8, 2019, photo, cars wait to be exported at Yokohama port, near Tokyo. Japan logged a deficit for a second straight year last year as its exports were hurt by a slowdown of demand in China amid a tariff war with the U.S. Government data released Thursday showed Japan’s exports fell 5.6% in 2019, to 76.9 ...