Nokia sold for £245m

Nokia’s once dominant mobile phone franchise will be given a new life as Microsoft exits the feature phone business it acquired from the Finnish Telecom group for £5.4bn in 2014. Nokia was worth £210bn ($300bn) once a decade ago. They have agreed to sell the unit it acquired from Nokia to Foxconn, the Taiwanese technology…

Sports Direct and Matlan late bidders for BHS

Retail entrepreneurs Mike Ashley, the billionaire founder of Sports Direct and John Hargreaves the founder of Matalan, the discount clothing chain was involved in last-minute rescue talks with BHS which went into administration in April 2016. The other leading bidders are Cafer Mahiroglu, who started as a rag trader in Stoke Newington, North East London was…

Asian Killer Hornets may be coming back to the UK

Asian killer hornets may be on their way back to the UK.  The scientific name for them is Vespa Mandarinia.  Their venom destroys red blood cells causing kidney failure and they can also cause death.  Described by one writer as looking like “the wasp analog of a pit bull”, the killer hornets also kill bees…

Virat Kohli 113 sinks Kings XI Punjab

Indian Premier League, 50th match: Royal Challengers Bangalore v Kings XI Punjab at M Chinnaswamy Stadium Bangalore, May 18, 2016 RCB 211/3 (15.0/15 overs ) CH Gayle 73 off 32, 4 fours, 8 sixes, Virat Kohli 113 off 50, 12 fours, 8 sixes, Sandeep Sharma 29-1, KJ Abbott 48-1, AR Patel 46-1 Kings XI Punjab 120/9 (14/14 ov,…

Haohan Qiao, world’s longest and highest glass bridge

  World’s longest and highest glass bridge hovers 984 feet above a 1,410 feet wide canyon in China. An 180-metre-high and 300-metre-long  Haohan Qiao, ( The Brave men’s bridge) the glass-bottomed suspension bridge hangs between two sides of a canyon, across a valley in Shiniuzhai National geological park in China.

Tim Cook to visit India

Apple CEO Tim Cook will be visiting India later this week to meet Prime Minister Narendra Modi, following his trip to China, to revive sluggish iPhone sales, as he is searching for new growth markets after posting its first ever decline in iPhone sales. India has denied it permission to sell refurbished phones, vital move…

Rahane, Dinda and Zampa ensures Rising Pune Supergiants win

  Indian Premier League, 49th match: Rising Pune Supergiants v Delhi Daredevils at Dr Y.S. Rajasekhara Reddy ACA-VDCA Cricket Stadium, Visakhapatnam, May 17, 2016 Delhi Daredevils 121/6 (20/20 ov)  KK Nair 41 off 43, 5 fours, CH Morris  38 off 20, 4 fours, 2 sixes, AB Dinda 20-3, A Zampa 21-3. Rising Pune Supergiants 76/1 (12/20 ov)…

Warren Buffett buys $1bn of Apple stake

The billionaire investor Warren Buffet has bought a £700m ($1bn) stake in Apple, a holding of 9.81million shares, according to Berkshire Hathaway. As a result, shares rose on Monday and closed trading session 3.7 percent higher at $93.88. In the past, Apple shares have fallen 30 percent over the past year. Last week Apple temporarily…

Virat Kohl and AB de Villiers steer RCB win

Indian Premier League, 48th match: Kolkata Knight Riders v Royal Challengers Bangalore at Eden Gardens, Kolkata, May 16, 2016 Kolkata Knight Riders 183/5 (20/20 ov) G Gambir 51 off 34, 7 fours, MK Pandy 50 off 35, 5 fours,  2 sixes, AD Russell 39 not out off 19, 2 fours, 3 sixes, Shakib Al Hasan 18…