Technology
Samsung posts the highest quarterly earnings
Samsung Electronics posted its third-quarter revenue of $59bn (£45.4bn) A 50% increase in smartphone sales led to strong revenue growth, while profits from microchips increased by 82%. Th…
Business
Model train maker Hornby went ahead with the lockdown
Hornby, a model railway company, saw a 33% increase in sales in the six months to the end of September, as more people took part in the lockdown. The firm, which also makes Corgi cars and skele…
Middle East
Saudi Arabia plans to add $2 billion to its space program by 2030
Saudi Arab plans to add 8 billion riyals ($2.1 billion) to its space program by 2030 as part of an economic diversification the plan aimed at attracting foreign investment and creating thousands of j…
WorldNews
The United States has announced a $2.4 billion sale of a coastal defense system to Taiwan
The United States said Monday it had approved the sale of $2 billion worth of 100-harpoon coastal defense systems to Taiwan, a move that sparked Beijing's anger over a $1 billion-missile deal la…
Business
HSBC to expedite restructuring plan to reduce costs
HSBC said Tuesday it would speed up its restructuring plan, which would cut costs much more than previously proposed. The bank made the announcement after it posted a 1.31bn (£ 2.3bn) pre-tax q…
