Boeing posts fourth straight quarterly loss as sales slump

A Boeing 737 MAX jet comes in for a landing following a Federal Aviation Administration (FAA) test flight at Boeing Field in Seattle, Washington on June 29, 2020. Photo Courtesy: AFP

(Reuters): Boeing Co BA.N reported its fourth straight quarterly loss on Wednesday as the coronavirus pandemic and 737 MAX grounding hurt sales, while reaffirming its expectation that U.S. deliveries of the jet would resume before year-end.The U.S. planemaker also said it was sticking with the deeply reduced twin-aisle production rates announced in July, as well… Continue reading Boeing posts fourth straight quarterly loss as sales slump

Local government without communication

Kathmandu: Telephone and internet facilities have not yet reached the centers of 40 villages across the country. According to the National Federation of Village Municipalities, 40 out of 460 village municipalities across the country do not have telephone and internet facilities in their centers.According to the federation, telephone service and internet service has not reached… Continue reading Local government without communication

‘No treatment, No Tax’ campaign from Mt Everest

Photo Courtesy: Dujang Sherpa

Solukhumbu: The ‘No Treatment, No Tax’ campaign has been launched from Mount Everest, against the government’s decision not to provide free treatment to Corona infected. The activists have reached foot of the Mt Everest on Wednesday to protest against the government.A team of Nepal Students Union leader Dujang Sherpa, who is also a delegate to… Continue reading ‘No treatment, No Tax’ campaign from Mt Everest

Tatopani checkpoint resumes from today

Photo Courtesy: Rastriya Samachar Samiti (RSS)

Sindhupalchowk (RSS): The major trade Tatopani checkpoint between Nepal and China has been formally re-opened on Wednesday. The Chinese side had closed the checkpoint on September 6 stating that some Nepali employees had contracted Covid-19 infection after the floods and landslides closed for three months.Lal Bahadur Khatri, chief of the Tatopani customs office, said that… Continue reading Tatopani checkpoint resumes from today

International tea market of Nepal declines by 40 percent

women picking tea leaves at a tea garden in Pashupatinagar of eastern Ilam. Photo courtesy: Rastriya Samachar Samiti

Kathmandu: In the previous years, with the onset of the first flush of tea, traders from the western countries were found teasing the tea plantations in the eastern hilly districts. Especially tea buyers from Germany, USA and other countries used to go to the orchards and factories to demand tea.This time, no tea buyers could… Continue reading International tea market of Nepal declines by 40 percent

AMD Agrees to Buy Xilinx for $35 Billion in Stock

A Xilinx chip, displayed through a magnifying glass, at a trade show in China. The company has been hurt by the Trump administration’s trade restrictions on Huawei of China, a major customer. Photo Courtesy: Reuters

SAN FRANCISCO: Advanced Micro Devices agreed to pay $35 billion in stock for Xilinx, a deal aimed at reshaping one of the computer chip industry’s pioneers.AMD, known mainly as Intel’s longtime rival in microprocessors that power most computers, plans to use the acquisition to broaden its business into chips for markets like 5G wireless communications… Continue reading AMD Agrees to Buy Xilinx for $35 Billion in Stock

United Sherpa Association organises Covid-19 Champion Award

New York: United Sherpa Association, the umbrella organization of Nepalese Sherpas in the USA, and the Humanitarians of the World, Inc. organized ‘COVID-19 Champion Award and Dinner Gala 2020’ on Saturday, October 24th, 2020, to honor community heroes who have been making an exceptional contribution in combating the global pandemic in New York City. During… Continue reading United Sherpa Association organises Covid-19 Champion Award

Food workers, rural Americans go hungry despite U.S. government farm aid

Volunteer Wally Rositzki maneuvers a shopping cart filled with food next to a pickup truck with a Confederate flag plate outside the West CAP Food Pantry in Boyceville, Wisconsin, U.S., October 22, 2020. Picture taken October 22, 2020. Photo Courtesy: Reuters

GREEN BAY, Wis. (Reuters) – Yessenia Cendejas pulled up to a moving truck filled with donated food in northeastern Wisconsin, arriving at the mobile food bank straight from her job at a pizza-crust factory, to get sustenance for herself and five children. Cendejas, 35, took a second job at a fast-food restaurant in Green Bay… Continue reading Food workers, rural Americans go hungry despite U.S. government farm aid

Discount package announced in Bandipur to attract domestic tourists

Kathmandu: Hoteliers operating in Bandipur have announced a discount package to attract domestic tourists.Entrepreneurs here have announced a discount package at the hotel to boost the tourism business of Bandipur, which has been sacked by Covid-19. The Regional Hotel Association Bandipur has said that all hotels and restaurants are offering 10 to 15 percent discount… Continue reading Discount package announced in Bandipur to attract domestic tourists