Tag Archives: makes

The city that makes the most expensive boats in the world

Wandering along the beach in Italy’s Viareggio you could be forgiven for thinking it’s simply a holiday resort. Yet the umbrella-lined, sandy beaches dotted with tourists mask another role, one at the heart of the shipping industry. This unassuming seaside city is where some of the world’s largest and most exclusive vessels are made. Its speciality is the… Read More »

THE OUTLINE’S BIZARRE DESIGN ACTUALLY MAKES A LOT OF SENSE

Needless to say, reading The Outline is not like perusing the New Yorker (though Topolsky welcomes the comparison). The designers behind it say that’s a good thing. “If we had only built a content consumption experience that delivered against the behaviors that exist today, we wouldn’t have made anything new” says Mike Treff, managing partner at Code &… Read More »

Xiaomi Redmi 4: Here is what makes this smartphone worth every penny

Xiaomi’s latest budget offering, the Xiaomi Redmi 4, went on sale at 12 noon on Friday, exclusively on Flipkart and mi.com. In the first flash sale that had taken place on May 23, the smartphone had seen a huge interest from buyers and registered a record sales number of a whopping 250,000 units within the first eight minutes.… Read More »

Barclays makes early African exit with $2.8 billion share sale

Barclays (BARC.L) cut its stake in Barclays Africa Group (BGAJ.J) to 15 percent sooner than expected on Thursday, ending more than 90 years as a major presence in the continent. The British bank, which under Chief Executive Jes Staley is firmly focused on Britain and the United States, said it was selling 2.2 billion pounds ($2.83 billion) worth… Read More »

Philippine army ‘makes gains’ in Marawi Islamist battle

The Philippine military says it has made gains retaking Marawi city from Islamist militants amid clashes that have left about 100 people dead. According to the military, militants now control only small pockets within the southern Philippine city. But there are still reports of fighting on the ground and thousands of civilians trapped. Nineteen civilians are known to… Read More »

HK tycoon makes $5.4bn offer for Australian energy firm

Cheung Kong Infrastructure (CKI) has made an unsolicited offer to acquire Australian energy firm Duet Group for $5.4bn (£4.2bn). CKI is a Hong Kong-based conglomerate, owned by billionaire Li Ka-shing. The offer represents a 28% premium on Duet’s share price, when last traded on Friday. Any formal bid by CKI would be subject to approval from Australia’s Foreign… Read More »