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Samsung predicts profit decline as chip market swoons

Samsung Electronics on Tuesday predicted its operating profit for the last quarter will fall by more than half from a year earlier amid sluggish global demand for computer chips. The South Korean technology giant estimated an operating profit of 7.7 trillion won ($6.4 billion) for the July-September quarter, which would be a 56.2% drop from the same period last year. ...

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Discovery of 20 new moons puts Saturn ahead of Jupiter

Cape Canaveral, OCT 8 : The solar system has a new winner in the moon department. Twenty new moons have been found around Saturn, giving the ringed planet a total of 82, scientists said Monday. That beats Jupiter and its 79 moons. “It was fun to find that Saturn is the true moon king,” said astronomer Scott Sheppard of the ...

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Business economists foresee slowdown in US growth

Washington, Oct 7 : The nation’s business economists think President Donald Trump’s trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with the National Association for Business Economics shows they expect growth, as ...

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British PM Johnson warns EU he will not delay Brexit

British Prime Minister Boris Johnson warned the European Union on Sunday he will not delay Brexit beyond October 31, underlining that his latest proposals are the last chance to reach a deal. Johnson told French President Emmanuel Macron in a telephone call on Sunday that “the EU should not be lured into the mistaken belief that the UK will stay ...

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BMW to recall defective vehicles in China

German auto brand BMW will recall 45 cars in the Chinese market due to problems in engine control modules, according to China’s market regulator. The recall, starting October 25, will involve a component of imported i3 electric cars manufactured between January 9 and February 21, 2019, according to a statement by the State Administration for Market Regulation, reports Xinhua.The defect ...

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Prince Harry to sue 2 UK tabloids over alleged phone hacking

London, Oct 5 : Prince Harry is suing The Sun and the Daily Mirror, two of Britain’s most popular tabloid newspapers, over alleged phone hacking. Buckingham Palace confirmed Saturday that claims regarding “illegal interception of voicemail messages” were filed on Harry’s behalf. The palace declined to say more or provide details “given the particulars of the claims are not yet ...

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ISRO releases pictures of moon surface taken by camera on Chandrayaan-2 Orbiter

The Indian Space Research Organisation (ISRO) has released the pictures of the moon surface clicked by the Orbiter High Resolution Camera (OHRC) mounted on the Chandrayaan-2 Orbiter. According to the ISRO, the pictures taken by the Orbiter from a height of 100 km from the moon surface are part of the Boguslawsky E Crater — measuring about 14 km in ...

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Tulip Siddiq named among most influential individuals of London

Labour MP Tulip Siddiq. Photo: Collected Labour MP Tulip Siddiq has earned a spot among the most influential politicians of London on The Progress 1000 list of the Evening Standard. The Progress 1000 is created to spotlight and celebrate the capital’s most influential individuals annually across a range of areas including business, technology, science, politics, design, architecture, culture and the ...

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US unemployment rate falls to 50-year low of 3.5%

The US unemployment rate has fallen to a 50-year low, possibly easing recession worries after recent weak economic data. The Labor Department figures showed that the rate fell to 3.5% in September from 3.7%, with the economy adding 136,000 jobs last month, reports BBC.In addition, August data was revised up to 168,000 jobs created instead of the previously reported 130,000. ...

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‘Village Supermarket’ in Khulna fails to take off

Opened amid much fanfare over a year back, the ‘Village Supermarket’ in Dumuria upazila to facilitate farmers to sell their agricultural commodities at fair prices, has failed to pick up the pace, clouding its much-hyped goals. Non-availability of loans by farmers, the reluctance of buyers to measurement through metre scales and lack of sincerity of the implementing agency are said ...

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