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Apple shares peak as iPhone X goes on sale in UK

Apple shares peak as iPhone X goes on sale in UK

Business
Apple has shrugged off concerns about production delays on the new iPhone X by reporting a 19% rise in profit to $ 10.7bn (£8.2bn).Revenues were also up by 12% to $ 52.6bn (£40.2bn) in the fourth quarter ending 30 September - an increase of 12% during the same period last year.Analysts on average were expecting total revenue of $ 50.7bn (£38.8bn).Image:Staff high-five customers as the phone goes on sale in Tokyo, JapanThe company's shares rose 4% in after-hours trading on Thursday to hit an all-time high - as its 10th anniversary iPhone X went on sale in the UK on Friday and in many Asian markets, with Apple chief executive Tim Cook reporting "very strong" orders.At a cost of £999, it is Apple's most expensive handset with features including an edge-to-edge screen and a face ID unlocking s
Hess goes on divestment streak to fund mega oil field

Hess goes on divestment streak to fund mega oil field

Business
Oct. 24 (UPI) -- The more than $ 2 billion in divestments from Norway and Equatorial Guinea will help Hess Corp. develop its opportunities offshore Guyana, the company said."Proceeds from these asset sales, along with cash on the balance sheet, will prefund development of our world class investment opportunity in offshore Guyana, where we have participated in one of the world's largest oil discoveries of the past decade," CEO John Hess said in a statement.Hess and its partner, Exxon Mobil, announced a final investment decision for the Liza oil prospect offshore Guyana in June. The companies put the reserve estimate for the broader area offshore Guyana as high as 2.75 billion barrels of oil equivalent, 10 percent higher than initially thought. The development cost of $ 3.2 billion is consid...
Young tagged hen harrier goes missing in 'suspicious' circumstances

Young tagged hen harrier goes missing in 'suspicious' circumstances

Science
A young tagged hen harrier has disappeared in Aberdeenshire in what RSPB Scotland described as "highly suspicious" circumstances.Calluna, a female harrier, was fitted with a satellite tag earlier this year at a nest on the National Trust for Scotland's Mar Lodge Estate near Braemar.It was part of RSPB Scotland's Hen Harrier LIFE project.Calluna's last recorded position was on a grouse moor north of Ballater.Scottish Land and Estates said local land managers rejected any suggestion the loss of signal from the tag was connected to grouse moor management.The transmitter's data was being monitored, and showed that the bird fledged from the nest in July. She left the area in early August, with the data showing her gradually heading east over the Deeside moors.However, transmissions ended on 12 ...
Time runs out for Americans in North Korea as travel ban goes into effect

Time runs out for Americans in North Korea as travel ban goes into effect

World
For the scores of Americans who live or work in North Korea, time is up. The Trump administration’s ban on travel to the reclusive country went into effect Friday, with limited exemptions available. For the small group of U.S. citizens working on aid projects or at hospitals and universities, their work -- at times, life-saving -- will have to be put on indefinite pause. That could adversely affect many North Koreans who are dependent on foreign assistance at health centers across the country, according to Heidi Linton, the executive director of Christian Friends of Korea, a nonprofit based in Black Mountain, North Carolina. “If we’re not able to continue our assistance there, it affects the lives of thousands of patients,” she told ABC News. Franklin Graham, the well-known Christian e
On a chaotic day in DC, Trump goes after Amazon, again

On a chaotic day in DC, Trump goes after Amazon, again

Technology
President Donald Trump renewed his attacks on e-commerce giant Amazon, saying Wednesday that the company is "doing great damage to tax paying retailers." Trump, in a tweet, said that "towns, cities and states throughout the U.S. are being hurt - many jobs being lost!" The president has been a frequent critic of the company and CEO Jeff Bezos (BAY'-zohs), who also owns The Washington Post. Many traditional retailers are closing stores and blaming Amazon for a shift to buying goods online. But the company has been hiring thousands of warehouse workers on the spot at job fairs across the country. Amazon has announced goal of adding 100,000 full-time workers by the middle of next year. Trump has said that Amazon does not pay "Internet taxes," but it's unclear what he meant by that. Amazon.com...