Aug 02, 6:54 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Corazon Victorino 08/02/18 AT 5:51 AM It appears previous predictions were right all along. LG Electronics’ smartphone strategy failed to attract more consumers, with the company recording yet another loss in the previous quarter. Industry tracker Strategy Analytics revealed Thursday that upon compiling data on LG’s smartphone business, it found out that the division hit a five-year low in the recently concluded quarter. In fact, its April-June period was its lowest among the previous 20 quarters. Yonhap has learned that the South Korean tech company shipped 9.5 million units of its phones worldwide for the second quarter. But compared to its rivals, the figure only accounted for 3 percent of the market. It’s worth noting that when feature phones are included, LG’s market share was only at 2 percent. Given its … [Read more...] about LG Smartphone Business Hits 5-Year Low; Q2 Shipments Revealed Lowest
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Young Farmers profile: Tractor driver Luke Pratt says ‘every day is a school day’ on a busy Norfolk farm
PUBLISHED: 10:21 02 August 2018 | UPDATED: 10:21 02 August 2018 Luke Pratt of Swaffham Young Farmers' Club. Picture: Norfolk YFC Norfolk YFC As part of our regular series of profiles on the region’s Young Farmers’ Club members, 24-year-old tractor driver LUKE PRATT says there are always new skills to learn on a busy East Anglian arable farm. Luke Pratt of Swaffham Young Farmers' Club. Picture: Norfolk YFCI’ve always wanted to work on a farm from a young age, as I have always loved the idea of working with heavy machinery and being outside in the countryside.My dad’s mum’s side of the family had a farm years ago, but it was sold when my dad was still quite young. He went onto work on a farm for about 10 years and then went into plant hire.Meanwhile, I left school and went to Easton and Otley College to study agricultural engineering. I then worked with my dad for about a year before going to work for William Morfoot on land drainage systems.During the … [Read more...] about Young Farmers profile: Tractor driver Luke Pratt says ‘every day is a school day’ on a busy Norfolk farm
French bank SocGen’s second quarter profits lifted by overseas businesses
By Inti Landauro and Matthieu Protard PARIS (Reuters) - French bank Societe Generale <SOGN.PA> posted higher second quarter profits that were in line with market expectations, as earnings from its overseas businesses offset a slight contraction on its domestic market. Net profit rose 9.3 percent to 1.16 billion euros (£1.03 billion). Four analysts polled by Inquiry Financial consultancy on behalf of Reuters had expected profit of 1.15 billion euros. The net profits included a 200 million euro provision set aside by the bank to pay a potential settlement with U.S. authorities over possible sanctions violations. Group revenues rose 24 percent to 6.45 billion euros. The year-on-year increase also reflected the fact that second quarter results in 2017 were impacted by a 963 million euros settlement of a dispute with Libya's sovereign wealth fund. SocGen's revenue from its banks and other businesses abroad rose 5.4 percent to 2.08 billion, while revenue from its domestic retail … [Read more...] about French bank SocGen’s second quarter profits lifted by overseas businesses
Live updates after South Ruislip crash closes busy road at rush hour
A busy road in South Ruislip has been closed after a rush-hour crash this morning (Thursday, August 2). Field End Road is currently closed from Long Drive to the roundabout at Victoria Road due to a crash. There's slow traffic in the area as the road remains blocked in both directions near Malvern Avenue. Just before 8am, a spokesman for Hillingdon Police said: "Field End Road is closed from Long Drive to the roundabout at Victoria Road due to a road traffic collision. Please bear with us." Bus route 282 is on diversion after the road was closed. Buses are being diverted via Field End Road, Victoria Road, Parkway, Elm Avenue and then back onto Field End Road. Initial reports suggest a car is on its roof in Field End Road. Getwestlondon has approached police for more information on the crash. We'll be bringing you all the latest updates as we get them. 08:40 Police statement A police spokesman has said there have been no reports of injuries after the crash. “Police … [Read more...] about Live updates after South Ruislip crash closes busy road at rush hour
Slight upturn for Northern Ireland business, but Brexit and Stormont logjam a worry
Slight upturn for Northern Ireland business, but Brexit and Stormont logjam a worry BelfastTelegraph.co.uk Businesses fared slightly better in the second quarter of 2018 after a poor start to the year, according to a survey by the Northern Ireland Chamber of Commerce and BDO. https://www.belfasttelegraph.co.uk/business/northern-ireland/slight-upturn-for-northern-ireland-business-but-brexit-and-stormont-logjam-a-worry-37176347.html https://www.belfasttelegraph.co.uk/business/northern-ireland/article37176346.ece/eb0ed/AUTOCROP/h342/2018-08-02_bus_42949420_I1.JPG Email Businesses fared slightly better in the second quarter of 2018 after a poor start to the year, according to a survey by the Northern Ireland Chamber of Commerce and BDO. But the report, based on the responses of 228 companies, revealed that growth still remains subdued, with many reporting tougher trading conditions. Despite a slight pick-up in manufacturing, the province remained well behind most other UK regions. … [Read more...] about Slight upturn for Northern Ireland business, but Brexit and Stormont logjam a worry