BP beats 3Q expectations, announces share buyback
British oil producer BP beat analysts' expectations for third-quarter earnings on Tuesday and said it would buy back shares to dilute the impact of its scrip dividend program.
Samsung Electronics logs record-high profit on memory chips
Samsung Electronics Co. reported another record high in quarterly earnings Tuesday thanks to the unprecedented boom in the memory chip industry and predicted that another record-breaking quarter is on the horizon, a breathtaking run for a company fighting to get its leader out of jail.
Sony profits soar on image sensors, games, "Spider-Man" film
Sony Corp. is reporting its fiscal second quarter profit zoomed by 26-fold from the same period last year, boosted by the success of its image sensors, game products and the latest "Spider-Man" movie.
The concentration of carbon dioxide (CO2) in the atmosphere has hit a new high, the UN said Monday, warning that drastic action is needed to achieve targets set by the Paris climate agreement. "Concentrations of carbon dioxide in the atmosphere surged at a record-breaking speed in 2016 to the highest level in 800,000 years," the World Meteorological Organization said. "Globally averaged concentrations of CO2 reached 403.3 parts per million in 2016, up from 400.00 ppm in 2015 because of a combination of human activities and a strong El Nino event," it said.
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At least five people died in a windstorm that hit central Europe on Sunday, causing widespread power outages and traffic disruptions. In the Czech Republic, falling trees killed a woman in a forest near the central city of Trebic and an elderly man on the street in Jicin northeast of Prague. In Germany, a 63-year-old man sleeping in a van at a camping site on Jade Bay in the north of the country drowned when he tried to escape flash floods on foot, police said.
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