Alibaba, the Chinese ecommerce group, made an offer of HK $ 19.8 bn (£2.13bn $2.6bn) to take over a leading domestic departmental store NS Hong Kong-listed Intime Retail and redraw China’s $4.5tn retail industry. Alibaba aims to dismantle the division between online shopping and physical stores, using the big data collected from shoppers’ browsing and…
Iran blocked pornography with their censorship laws on adult websites and when they did so not only for those in Iran but for people across the world including Russia and Hong Kong. Iran’s government tried to ban porn and enforcing them accidentally knocked more than 250X-rated sites offline. The ban was result of the way…
Two Razer Prototype gaming laptop with triple screens part of Project Valerie, have been stolen at CES tech show in Las Vegas according to a spokeswoman for the Consumer Technology Association which run CES. Razer headquartered in California, started by Singaporean entrepreneur chief executive Min-Liang-Tan, is offering £20,000 ($25, 000) for any original information leading…
Earthquake measuring 7.3 magnitude struck southeast of Jolo in southeast of the Philippines, on 10th January 2016. According to the US Geological Survey (USGS) the quake was measured at a depth of 380 miles ( 617km ).
Mexico’s Colima volcano spewing column of gas and ash that rise 3 miles above the volcano’ summit crater showering incandescent bombs., as explosions continue to occur. The lava flow on the southern side is no longer active, reflects a decrease in the magma supply rate. Colima volcano (Volcan Fuego) is one of the most active…
Dia Mehta Bhupal created a paper-mache public toilet with photo-prints at the Aspinwall House in Fort Kochi. The creation from recycled paper, and photo prints of her other paper-mache structures are life-like installation by artist Dia Metha Bhupal. Her other creations includes the waiting room of a clinic, a bookstore, inside of a airplane,…
Chinese officials signalled that there were no active plans to sell further renminbi-denominated sovereign bonds after last summer’s Rmb 3bn ( £350m /$430m) auction by the Chinese finance ministry, as part of the internationalisation of China’s currency. A scheme to link the London and Shanghai stock exchanges is also put on the back burner, because…
Chinese corporate bond worth $45 million sold through an Alibaba backed online wealth management platform defaulted after a bank said letters of guarantee for the bonds were counterfeit. China Guanfga Bank Co Ltd (CGB) (GDDVB.UL) said guarantee documents, official seal and personal seals presented by the insurer of bonds are all fake. This…
In Kochi, South India, e-rickshaws (tuktuk) the three wheeler Hybrid powered by solar energy and electric, manufactured by a consortium by Goenco Electric Motor Vehicles Ltd and Lohia Autos. The solar autos cost £1600 (Rs1.5lakhs). The vehicle combine the benefits of solar and electric motor, and efficiently use the automatic transmission continuously variable transmission (CVT),…
Razer, the Gaming PC maker, has unveiled a concept laptop with three 4K screens at the CES tech show in Las Vegas. Project Valerie is the world’s first portable laptop of its kind with two additional 17 in (43cm) screens which slide out from the central display automatically. Gamers are splashing out on high-end laptops All…