Month: April 2021

LG posts operating profit of USD 1.36 billion in first quarter 2021

LG posts operating profit of USD 1.36 billion in first quarter 2021

LG Electronics Inc. (LG) announced first-quarter 2021 consolidated sales of KRW 18.81 trillion (USD 16.90 billion) and operating profit of KRW 1.52 trillion (USD 1.36 billion) – the highest quarterly results in the company’s history with the 8.1 percent operating profit being a first-quarter record, said a news release on Thursday. “Compared with the first…

Zimbabwe all out at 176; Pakistan 103 for no loss till stumps on day 1 of 1st Test

Zimbabwe all out at 176; Pakistan 103 for no loss till stumps on day 1 of 1st Test

Zimbabwe scored 176 on the opening day of first test against Pakistan. The whole team sent back to Pavilion by the Pakistan bowlers in 59.1 overs. Shaheen Shah Afridi and Hasan Ali clinched four wickets each. Noman Ali took one wicket and one batsman was run out. After Zimbabwe elected to bat first, Roy Kaia…

IBM announces major innovations across its storage portfolio

IBM announces major innovations across its storage portfolio

IBM announced major innovations across its storage portfolio designed to improve the access to, and management of, data across increasingly complex hybrid cloud environments for greater data availability and resilience, the company said in its news release. “First, the company announced plans to launch a new container-native software defined storage (SDS) solution, IBM Spectrum Fusion in…

NAHE, HEC teams up with PPMI to train HEC Employees

NAHE, HEC teams up with PPMI to train HEC Employees

The National Academy of Higher Education (NAHE) has signed a Memorandum of Commitment with the Pakistan Planning and Management Institute (PPMI), which will enable NAHE to train Higher Education Commission (HEC) employees on a number of evidence-based required competencies, said a press release on Thursday. “The first training under this initiative entitled “Procurement and Financial…

Samsung reports 4% increase in Q1 operating profit from previous quarter

Samsung reports 4% increase in Q1 operating profit from previous quarter

Samsung Electronics reported financial results for the first quarter ended March 31, 2021.Total consolidated revenue was KRW 65.39 trillion, a 6% increase from the previous quarter and a record for the first quarter, the company said in its press release on Thursday. “Operating profit increased 4% from the previous three-month period to KRW 9.38 trillion…

Rizwan in top 10 of ICC Men’s T20I Player Rankings

Rizwan in top 10 of ICC Men’s T20I Player Rankings

Pakistan opener Mohammad Rizwan has made his maiden entry into the top 10 of the MRF Tyres ICC Men’s T20I Player Rankings after a player of the series performance in Zimbabwe that helped his team prevail 2-1, International Cricket Council said on Wednesday. “The 28-year-old wicketkeeper-batsman’s unbeaten knocks of 82 and 91 in the first…

HP announces global launch of smartest printing system, HP+

HP announces global launch of smartest printing system, HP+

HP Inc. today announced the expansion of HP+, the smartest printing system designed for consumers and small businesses. Powered by a new cloud-based ecosystem, HP+ makes printing more secure, productive, and sustainable than ever, said a press release on Tuesday. “Consumers and small businesses today have higher expectations on devices to meet their expanded needs….

SECP chair commits coherent industry policy to promote FinTech

SECP chair commits coherent industry policy to promote FinTech

The Securities and Exchange Commission of Pakisan (SECP) Chairman Aamir Khan said that the Commission has instituted various reforms to develop a comprehensive and coherent industry policy to share regulatory thinking and promote a conducive FinTech environment in Pakistan, and the regulatory sandbox initiative is part of this agenda, said a press release on Wednesday….

Pakistan, Zimbabwe to play 1st Test from April 29

Pakistan, Zimbabwe to play 1st Test from April 29

Pakistan men’s cricket team will return in their white kits when they take on Zimbabwe in the first Test match at the Harare Sports Club in Harare from 29 April. The second and final Test match of the series will be played at the same venue from 7, Pakistan Cricket Board said on Wednesday. “Babar…

Redmi K40 Gaming Edition launches in Mainland China

Redmi K40 Gaming Edition launches in Mainland China

Redmi announced a brand new addition to the Redmi K series lineup – Redmi K40 Gaming Edition. Redmi K40 Gaming Edition sports the latest MediaTek Dimensity 1200 Gaming Platform, an aerospace-grade liquid cooling system, a flat display with 120Hz high refresh rate, a 5,065mAh large battery with 67W fast charging, as well as physical pop-up…