Samsung Profits from Sales of Foldable Smartphones
Samsung Electronics benefited from strong demand for its foldable smartphones in the third quarter. The South Korean group also managed to increase its profitability thanks to the high prices of computer chips. Samsung sold more than a million foldable phones in South Korea. The company launched its latest range
Democrats Appear to Agree to US Debt Ceiling Hike
Democrats and Republicans in the US Senate appear to be getting closer to an agreement on the level of the US debt ceiling. A proposal from Republican Senate faction Mitch McConnell was well received by Democrats on Wednesday, although it is still unclear whether they will approve. As a
How to Find and Hire Great Employees?
The first step when looking to employ a member of staff is to consider the type of employee that is needed and working out if the business can afford that. The company also needs to look at what the legal obligations are as an employer. Research and data-driven personal finance
Difficult Supplies Lead to Sharp Decline in German Factory Orders
German industry received far fewer new orders in August than a month earlier. This indicates that the material shortages and longer delivery times, which many companies have been struggling with for some time, also have significant consequences for the demand for new products. Demand fell by almost 8 percent,
Hurricane Ida Could Cost Insurers $30 Billion
The damage caused by Hurricane Ida in the southern United States in August could cost insurers as much as $30 billion, or $26 billion. That is according to the Swiss reinsurer Swiss Re. In addition, Ida caused extensive damage from strong winds and flooding in parts of the US.
Qatar to Build Four New Tankers for Transporting Natural Gas
Qatar has placed an order with a Chinese shipbuilder for four new tankers to transport liquefied natural gas (LNG). Qatar wants to respond to the strong demand for its natural gas. The Gulf State is the world’s largest exporter of LNG. The order from state-owned Qatar Petroleum has a
An Update Removes Kill Switch from PlayStation 4
The update makes the older game console less dependent on the PSN servers so that you can play games on it for longer. It seems that with the necessary care and maintenance, you will still be able to play your PS4 games well into the distant future. Earlier this
YouTube to Take Action Against All Anti-Vaccination Content
Video platform YouTube will take action against all videos that spread false information about vaccinations. The website has already acted against videos about corona vaccinations but is now broadening this to include vaccinations in general. YouTube reports in a statement that it often happens that incorrect information about corona
Order Receipt Chip Company ASMI Well Above Its Own Expectations
Order intake from Dutch chip supplier ASM International (ASMI) will be significantly higher in the third quarter than previously expected. ASMI said this in the run-up to its investor day when investors are updated about the strategy. In addition, ASMI announced that it wants to be climate neutral by
Long Coalition Talks in Germany Could Result in Merkel’s Record
The German elections have increased the chance that Angela Merkel will soon be able to call herself the longest-serving chancellor since the Second World War. The 67-year-old politician does not want a new term in office but will remain in office for a while until a new government can
